We’re witnessing Volkswagen shares in a free fall after the stunning announcement regarding company-installed software in diesel engines designed to circumvent EPA regulations.
The future of the company is now very much in question as investors grapple with the aftermath of the disclosure.
Many companies in similar situations didn’t survive.
It’s hard to believe a huge company like Volkswagen could pull a stunt like this, but should we be surprised?
Greed is a powerful motivator and competition for the almighty dollar is fierce. Skirting the rules is as much a part of capitalism as anything else.
Just don’t go too far. And for sure, don’t get caught.
Here are some companies that could experience something major… in a catastrophic way.