The Dumbest Finance Decision Of 2016 Gets Even Better

Nevada Approved $335 Million Faraday Future Deal With No Knowledge Of The Company's Finances

Nevada’s State Treasurer Dan Schwartz, who has emerged as a major skeptic of FF, told me today that his department and the Nevada State Legislature—which signed off on the deal—were in the dark.

“The Treasury was not in any hearing,” Schwartz said. “Faraday Future gave financials to Steve Hill [Director of the Governor’s Office of Economic Development], but he didn’t give them to the legislature.”

Hill did not respond to calls or emails seeking comment from Jalopnik. A Faraday Future spokesman said, “As a private company we do not comment on the details of our finances.”

The news of this lack of information was something of a shock, and it seemed extraordinary that neither the State Treasury nor the State Legislature voting to approve the deal got to see any proof of Faraday Future’s financial health. “That’s exactly right,” Schwartz concurred.

(Jalopnik.com)

A Tasty Looking Creation

(BroBible.com)

Well Done, Sir

(BroBible.com)

In Case You Wanted To Know

(BroBible.com)

A Well Constructed Burger

(BroBible.com)

It's A Universal & Versatile Hand Gesture

(Bits&Pieces.us)

An Interesting Move

The Volkswagen Group switches official language to English

The Volkswagen Group can't be fairly thought of as entirely German anymore, so the news that the company is switching its official language to English to help attract managers and executives is a rational, if surprising, decision. While many VW Group companies are still staidly German in character and culture, consider the other companies that it controls: Bentley (British), Bugatti (French), Ducati and Lamborghini (Italian), Skoda (Czech), Scania trucks (Swedish), and SEAT (Spanish). Not to mention the large Volkswagen Group of America operation, which constructs cars in Chattanooga, TN.

Volkswagen's explicit motivation is to improve management recruitment – making sure the company isn't losing out on candidates for important positions because they can't speak German – and that's inherently sensible in a globalized economy. Particularly considering, like it or lump it, that English is the lingua franca of said global economy. It also should make it inherently easier to communicate between its world-wide subsidiaries and coordinate operations.

(AutoBlog.com)