Merckle suicide

**CVT** · January 8th, 2009 12:16 PM

This crisis is indeed a heavy toll on a lot of people....

7303:soda:

**tsupermario** · January 8th, 2009 12:25 PM

Originally Posted by niky

But loss of money can buy depression?

with no money he can't even buy it

**niky** · January 8th, 2009 08:37 PM

Merckle's losses weren't only due to the economic crisis.

Merckle was one of those duped in the VW stock manipulation by Porsche.

Porsche's financial takeover of VW over the past few years tricked various investors out of billions. Their tactical stock manipulation managed to drive demand for VW stocks through the roof... Porsche bought low, sold high and managed to use its own trade of VW stocks to fund its takeover. A lot of apparently smart businessmen lost billions to Porsche. In fact, Porsche has made over five billion in the past three years from stock speculation alone. In fact, this last year, they made more money off of trading than off of automobile production. Sneaky bastards. And everything they did was absolutely legal, exploiting various loopholes in German law.