Corporate Counsel reported last week that VW has a new monitor from Daimler-Benz AG, Dr. Kurt Michels. The world has watched VW’s case unfold like a slow-moving train wreck.
VW’s emissions cheat was inexcusable. For people who buy diesel cars and overlook the clattering engine and weird yellow fuel pump at the gas station, they like to think that their good gas-mileage cars are not some portable coal mine. But the company paid big. More than U.S. automakers that killed people (and lied about it). More than companies convicted of bribery and terrorism-related offenses. And VW settled various civil and criminal inquiries for billions, immediately before the new administration came in and began planning to roll back many of the existing environmental regulations.
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