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Detailed text transcripts for TV channel - FOXNEWS - 20140416:19:06:00

at all t auto show said they re focusing on a new product unit to focus on driver safety. is the new gm not responsible for what the old gm did? judge napolitano is here. the warranty seems the same, the cars look the same and all of a sudden because of bankruptcy they re protected from what they did. if you recall, this was not your ordinary garden variety bankruptcy. if it had been, the new gm would be liable for the design defects and faults of the old gm. this was a very different bankruptcy, a junk bankruptcy. the federal government was involved in it. the treasury was there with its check for billions and billions, the white house wanted it done within a week. the court wiped out billions of money owed to lenders of gm and it wiped out the ability of love plaintiffs injured by the old gm to sue the new gm.

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