…loose to the garage mechanics. 

This is a fantastic story; hats off to Porsche. However the Economist response shows everything that is wrong…

“The greatest damage is to the reputation of Germany’s capital markets, where regulators are now belatedly investigating what went on. Allowing acquirers to build large secret stakes in bid targets does nothing for confidence. Even Porsche may come to rue its coup. “They may struggle to sell 911s to hedge-fund managers for years and years to come,” says one investor.”

Porsche breaks the hedge funds | Squeezy money | The Economist

So if a hedge-fund looses money it’s bad for the economy. However, I’ve never seen the Economist says that if a car manufacturer goes bankrupt it’s bad for the economy. The hedge-fund made a bad bet; bad luck move on.