Oct

29

 The Bronte Capital blogger finds fascinating similarities between the Porsche/VW affair and the Stutz Motor Car Company debacle in 1920, when major shareholder Alan Aloysius Ryan defended Stutz against short sellers and ended up owning 105% of the company. This put him in the enviable position of being able to to name a price, but it all ended in ruin for both Ryan and Stutz.

(For history buffs, the blog links to archived articles in the New York Times).


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