The attempt of Porsche to take over VW has gone into history as one of the best examples of financial over-confidence. Porsche was doing really good and decided

The attempt of Porsche to take over VW has gone into history as one of the best examples of financial over-confidence. Porsche was doing really good and decided to bite of more than they could chew, nearly went bust as a result and ended up being bought by the party they originally sought to acquire. Wiedeking left with a 50 million golden parachute so I don't think he's complaining.