Volkswagen Scandal Spells Trouble From IPOs to Credit Market

``A week after it admitted to cheating on U.S. emissions tests for years, Volkswagen AG's pain is beginning to spread throughout Europe's credit markets. The Bank of France stopped trading two securities backed by Volkswagen auto loans on Friday, while executives of parts supplier Schaeffler AG found themselves fielding questions about their biggest customer as they drum up support for an initial public offering, according to people familiar with the matters.'' -- See also Did Privilege Enable Volkswagen's Diesel Deception?.