Gerri well have all that and more but, first, our top story, where is the accountability when it comes to obamacare . Where does the buck stop, whos taking responsibility . Hhs secretary Kathleen Sebelius again today refusing to take responsibility for what has been a disastrous web site rollout. Instead, she said we all need to look forward, not backward. The problem is, shes part of the problem, and no amount of looking forward will fix something that was destined to fail from the get go. With more on this, steve moore, Editorial Board member for the wall street journal. Steve, it is great to have you here. To get started, i want you to hear what Kathleen Sebelius had to say when she was asked directly about this issue, accountability. Here she is. I think the most important thing is fix it, and thats certainly what the president expects, its what i expect, and thats what were really in the process of doing. We have had new talent in Technology Come in, we have new management talent,
Gerri well have all that and more but, first, our top story, where is the accountability when it comes to obamacare . Where does the buck stop, whos taking responsibility . Hhs secretary Kathleen Sebelius again today refusing to take responsibility for what has been a disastrous web site rollout. Instead, she said we all need to look forward, not backward. The problem is, shes part of the problem, and no amount of looking forward will fix something that was destined to fail from the get go. With more on this, steve moore, Editorial Board member for the wall street journal. Steve, it is great to have you here. To get started, i want you to hear what Kathleen Sebelius had to say when she was asked directly about this issue, accountability. Here she is. I think the most important thing is fix it, and thats certainly what the president expects, its what i expect, and thats what were really in the process of doing. We have had new talent in Technology Come in, we have new management talent,
Gerri well have all that and more but, first, our top story, where is the accountability when it comes to obamacare . Where does the buck stop, whos taking responsibility . Hhs secretary Kathleen Sebelius again today refusing to take responsibility for what has been a disastrous web site rollout. Instead, she said we all need to look forward, not backward. The problem is, shes part of the problem, and no amount of looking forward will fix something that was destined to fail from the get go. With more on this, steve moore, Editorial Board member for the wall street journal. Steve, it is great to have you here. To get started, i want you to hear what Kathleen Sebelius had to say when she was asked directly about this issue, accountability. Here she is. I think the most important thing is fix it, and thats certainly what the president expects, its what i expect, and thats what were really in the process of doing. We have had new talent in Technology Come in, we have new management talent,
Gerri well have all that and more but, first, our top story, where is the accountability when it comes to obamacare . Where does the buck stop, whos taking responsibility . Hhs secretary Kathleen Sebelius again today refusing to take responsibility for what has been a disastrous web site rollout. Instead, she said we all need to look forward, not backward. The problem is, shes the problem, and no amount of looking forward will fix something that was destined to fail from the get go. With more on this, steve moore, Editorial Board member for the wall street journal. Steve, it is great to have you here. To get started, i want you to hear what Kathleen Sebelius had to say when she was asked directly about this issue, accountability. Here she is. I think the most important thing is fix it, and thats certainly what the president expects, its what i expect, and thats what were really in the process of doing. We have had new talent in Technology Come in, we have new management talent, and we
Quarterly results missed estimates and said compensating victims for defective ignitions will cost at least 440 million. Matt miller joins me along with chuck stevens. Matt, take away. Thank you. About the costsk you have set aside or the cost you pay for the actual recalls. It was 1. 3 billion in the First Quarter, 1. 2 billion in the Second Quarter, and a lot of analysts do not seem to have accounted for that in their forecast. Why do you think that is, and how much do you think it is going to be Going Forward . Before i get into questions specifically arm the recall, if i could talk about overall performance, i think it is an Important Message to get out. We continue to have strong twolts, especially in our key markets, north america and china. Recallexclude the campaigns, earnings on a yearoveryear basis were up 20 with margins of about 9. 2 . 14 hina, earnings were up yearoveryear with margins of 10 . Specifically to north america, despite the challenges related to the recap campa