JustLuxe Luxury Hotels shop LivingLuxe

Luxury Guide

Join Now | Sign In
LuxeLounge | connect. converse. influence.
Register Now | Sign In
like us on facebook follow us on Twitter
HomeHomeLifestyle RoomTravel RoomFashion RoomThe LuxeWireAsk the Lounge
Profile On JustLuxe On LuxeLounge Comments

Lifestyle
Porsche?s 10 Billion-Euro Loan Scandal
By: Octavio   |    Posted on September 10, 2012   |   0 Comments (0) (0)

It’s always weird to me when a luxury auto manufacturer gets caught up in a scandal, especially once concerning public funds. It looks like Porsche’s ex-CFO Holger Haerter has found himself in this situation and is attempting to act shocked at the allegations against him.

 

Former Porsche SE Chief Financial Officer Holger Haerter told a German court on the first day of his trial that he didn’t make misleading statements in 2009 when the company refinanced a 10 billion-euro loan ($12.5 billion).

Haerter denied charges he downplayed Porsche’s liquidity needs when negotiating with BNP Paribas SA (BNP) about a 500 million- euro share of the loan. He said prosecutors didn’t understand the complex terminology used in the discussions. Read More

Porsche
Write a Story/Review about Porsche

Post a Comment

 

Share This

Related JustLuxe Articles:


Kilchoman: The Little Whisky Farm Distillery That Could


Steven Spielberg Sets Up Cannes Headquarters Aboard His $200 Million Megayacht


Estate in Beverly Hills Owned by Late Fashion Designer Bijan Sells for $12M
Sign-In: Connect. Converse. Influence.
What is JustLuxe?Get Published
Connect.

Read stories, check out member reviews, explore photo galleries and answer community questions.

 Converse.

Upload your own stories and post personal reviews. Upload your own photos and ask your peers their opinion.

 Influence.

Enhance your standing in the luxury world by making your voice heard.
Stories in the LuxeLounge do not go through an approval process and are not edited or fact-checked. It is up to you to make sure your work is the best it can be!

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Most Recent

Contributors

Members
BADGES The more active you are, the more rewards you earn!
 
luxury guide  |  contact  |  online advertising  |   rss   |  about us  |  article archive  |  sitemap  |  newsletter
Community
JustLuxe is a luxury Web publication providing objective analysis and information to affluent consumers to assist with their decision making, such as chartering a yacht, purchasing a jet membership card, booking a luxury hotel, traveling to a specific destination, or buying real estate. Our writers conduct interviews with industry executives and leaders in their fields, analyze product offerings and review the Web sites of leading companies to ensure our readers have up-to-date data to make informed decisions. Consumers can find purveyors of fine luxury goods, services and travel solutions throughout the pages of JustLuxe via content or with our advertising partners. See our Best of Luxury high-end brands and partners.
LuxeMont JustLuxe.com and LivingLuxe are entities and marks owned by
Luxemont LLC.© 2004 - 2013 Luxemont.com All rights reserved. Privacy  |  Terms

Media Partners Member of Luxury Society

LifeStyle | Fashion | LivingLuxe | LuxeInsider | Events

TRAVEL LuxeMont Luxury Travel | City Guides | Luxury Hotels

Newsletter Sign-UpSign up for updates on the latest luxury trends.