So last year at this time last year Porsche was one of the wealthiest independent car producers in the world. They where doing quite well for them selfs. Then they started to get a little cocky and made the call to try to buy out Volkswagen. Volkswagen being one of the biggest car producers around at the time. Porsche saw this as a worthy challenge and began buying up stock in Volkswagen. The amount that Porsche had to aquire was close to 70%. They rose to around 60% and then the stock market crashed and all the funding banks pulled out leaving Porsche almost broke. Volkswagen how ever saw this and....... BOUGHT PORCHE so now now Porsche is a little part of the huge Volkswagen company. I think that this show how fast a gamble that may be an awesome dicision can turn around and well take you out...
What do you think??
Do you Pitty Porsche??
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