More German Companies Seeking HandoutsDietmar Hawranek
When it comes to government subsidies, Wendelin Wiedeking has never been shy about making his views absolutely clear. Many corporate executives, the Porsche CEO was once quoted as saying, "get on their soapboxes to rage against government spending" while at the same time "holding out their hands" for public bailout funds. His insisted that he and his company wanted nothing to do with this sort of "government drug program," and that "luxury and subsidy are incompatible."
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