GERMAN FINANCIAL WATCHDOG BAFIN SAYS HAS ENDED SHORT-SQUEEZE PROBE INTO VOLKSWAGEN  SHARES    NO EVIDENCE OF WRONG DOING.Indeed. Nothing unusual. At. All.

FRANKFURT, March 31 (Reuters) – Porsche landed a €6.8bn ($8.99bn) windfall from its share options in Volkswagen during the first half, lifting its pretax profit to more than twice its revenue.

Move along now.

Related links:
VW hedges give Porsche €6.8bn windfall – FT
Porsche LLC? – The VW fruit machine explained – FT Alphaville

This entry was posted by Sam Jones on Tuesday, March 31st, 2009 at 8:54 and is filed under Capital markets, Hedge funds, People. Tagged with Bafin, porsche, volkswagen. Edit this entry.