Re: Somebody In Management Had To Know
"We'll happily take our 8Bn U$ as a fine since we made 20Bn U$ in sales we otherwise wouldn't have made"
That's what Ford thought when they did a cost/benefit analysis and decided that it would be cheaper to kill a few people than fix the design fault in the exploding Pinto. They were wrong.
Can you imagine an American jury deciding on punitive damages against a foreign company fraudulently selling a product (diesel engined cars) that American manufacturers don't make? How many zeros would you like? BP are handing over 50 billion to avoid the jury lottery and legal costs.
Time will tell but I very much doubt if VW are forced to pay at least the last ten years' profits earned in the US.