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Why should the Porsche managers go to jail? How exactly was what they did immoral?

Anyone who speculates by unhedged shorting has to expect to go bust occasionally. That's just part of the game.

Stock market manipulation for whatever reason can cause lots of problems for other people. At times like this it can cause a market panic. Just because you have more money doesn't mean you should be able to fix prices. That's why entities who own more than 5% of a stock are restricted in what they can do (in US).

A market panic is when everyone rushes to sell at once; this seems like the opposite of a panic. Those who had long positions aren't complaining. And I can't see that Porsche was fixing the price of VW stock; they were apparently doing little or no selling so the price must have been set by other traders.

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