In Porsche's last full fiscal year they reported more profit than revenue. A fiscal impossibility you say? Not so, if you're playing in the world of high finance and derivatives. Then, as early as this past April it looked like Porsche was poised to do it again. In a statement released this spring, Porsche posted profits before taxes of EUR …
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An Idiot’s Guide to Porsche’s Financial Woes
Like a lot of you, I've been watching the story about Porsche's supposed financial woes with great interest and, at times, even greater confusion. I say "supposed" because up to now, Porsche has been quite quiet on the whole subject. Where does my confusion come from you ask? That's easy. All the rumors, assumptions and conjecture being …
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