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Volkswagen Congress Hearing: Emissions scandal - watch live - YouTube
VW USA subsidiary CEO Michael Horn. // 'VW the people's car.' 36:40 - I had no understanding what a defeat device is & that it could be installed to cheat emission tests. [<< Symptom of being a conglomerate! Corporate Culture & Values.] min 38:09 - Is hardware, software & even has to do something with the fuel tank. In some models (gen 2) its just software & a sensor. // 49:20 - framing of the answer with EPA (influenced?), cars on the road right now, even they are not passing emissions test, "are legal & safe to drive for the owners." // min 57 NOx, air pollution. 'compensation will be part of discussion'. 40 times than allowable limit. // 1:11:00 - according to him, @ the current state of investigations, this was out of the engine-drivetrain-engineering/software/emissions department within VW. Was not a corporate executive decision from the top. [My 2 cents: more likely decision was made within those departments due to pressure from top to make the test pass happen. << 1:51:00]
VW  Volkswagen  conglomerate  corporate  culture  corporate  values  air  pollution  libor  rigging  scandal  banking  crisis  investment  banking  self-regulation  regulation  regulators  accountability  Wall  Street  shareholder  value  profit  maximisation  retail  banking  PPI  mis-selling  scandal  bank  crisis  CDO  CDS  pharmaceutical  industry  pharma  big  pharma  corruption  bribery  Petroleum  automotive  autoindustry  carbonemission  carbonfootprint  emissions  white-collar  crime  Justice  System  Law  &  Justice  corporate  state  corporate  media  Positioning  Meat  Egg  Dairy  food  industry  lobbyist  lobby  Lobbying  revolving  door  conflict  of  interest  fiduciary  responsibility  exploitation  ethics  ethical  machine  democracy  Career  Politicians  No  Representation  double  standard  Abgas-Affäre  Interestrateswap  corporate  social  responsibility  corporate  scandal  Chemical  Fashion  deception  PR  spin  doctor  monopsony  oligopol  madoff  Enron  Worldcom  BP  accounting  accounting  scandal  tax  evasion  tax  avoidance  crony  capitalism  TBTF  too  big  to  jail  too  big  to  bail  Ego  arrogance  Monsanto  Protection  Act  patent  troll  intellectual  property  willful  ignorance  willful  negligence  DeepwaterHorizon  tax  code  consumer  fraud  Protection 
october 2015 by asterisk2a
Interview with Former UN Peace Envoy to Syria Lakhdar Brahimi - SPIEGEL ONLINE
USA World Police no more. [...] ISIS - The Islamic State of Iraq and the Levant. [...] SPIEGEL: What is your prediction for the future of Syria and the region? Brahimi: Unless there is a real, sustained effort to work out a political solution, there is a serious risk that the entire region will blow up. The conflict is not going to stay inside Syria. It will spill over into the region. It's already destabilizing Lebanon, there are 1.5 million refugees in the country; that represents one third of the population. If it were Germany, it would be the equivalent of 20 million. It is destabilizing because ISIS | SPIEGEL: the most radical and brutal armed opposition group, which seeks to establish a militant Islamic state | Brahimi: is active in both Syria and Iraq already, and Jordan is really struggling to continue resisting. Even Turkey! According to a senior Iraqi official, ISIS has carried out 100 operations in Syria and 1,000 operations in Iraq in just three months. | YT v=XDFi1lno1bs
Syria  Syrien  islamic  radicalism  extremism  radicalism  Law  Islam  Bashar  al-Assad  G  Zero  UN  unintended  consequences  Middle  East  humanity  human  tragedy  war  crime  torture  regiem  Dictatorship  human  rights  abuse  United  Nations  ISIS  The  State  of  Iraq  and  Levant  Turkey  Lebanon  Iraq  Russia  Iran  USA  presidency  barackobama  Europe  Jabhat  al  Nusra  Israel  Politics  chemical  weapons  Somalia  history  State  Religion 
june 2014 by asterisk2a

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