The day Volkswagen briefly conquered the world
https://ftalphaville.ft.com/2018/10/31/1540962002000/The-day-Volkswagen-briefly-conquered-the-world/ [ftalphaville.ft.com]
2018-11-15 21:16
In midst of the great financial crisis, something odd happened. Volkswagen, the German carmaker, became the biggest company in the world. For one, brief day. Looking back a decade, as many have recently, you’d be forgiven for thinking the worst asset to own was a US investment bank or mortgage originator. But it was nothing compared to being short the Wolfsburg-based business. Exactly 10 years (and 48 hours) later, here’s how it happened.
source: ML