Old Gm News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Old gm. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Old Gm Today - Breaking & Trending Today
Transcripts for CNN CNN Newsroom With Carol Costello 20140915 13:42:30 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
National highway traffic safety administration accurately of the information they knew about a safety defect. they misled the agency. they covered it up, and and this company deserves criminal penalties for this misbehavior. gm keeps saying that was the old gm. we are the new gm. we are being open and honest, but, miss claybrook, aren t these the same people who were involved then, just some are in different positions now? many of them are the same, and the general counsel of general motors, mr. milligan works will appear before congress today, is going to be targeted particularly because the lawyers handled lawsuits filed against the company that alleged that they had this problem existed with the ignition switches, and so they knew a lot of information that they never revealed to the department of transportation, the national highway traffic safety administration, so they are going to be target. lawyers are supposed to tell the truth. if no one else is, lawyers are ....
Chrysler, is that right? that s right. recalls today from the traffic bureau. you re going to know these brands. on and on it goes. more is happening. more people getting hurt. people saying we re on top of this, we re taking care of this. they knew about this at gm 11 years ago. 11 years ago. and didn t do anything. and didn t do anything. a culture of neglect and as we re hearing per mary barra and everybody else, we screwed up. now we ve got to believe we ve got a new ceo and everything is fine now. he s worked at the company for 30 years. she worked at that company 30 years? yes. so what s new? they say it s old gm, new gm. that s the line drawn in the sand. today she said we re going to have a victims compensation fund millions of dollars given out. ....
Definitely try to lift the bankruptcy and try to get as much money as possible for my client. any good attorney would do that. and even though they have a fund they re setting up, you have to look at the details. what the big print gives, the small print takes away. it s possible if you sign on to this fund, you may release your rights in order to go back and sue them again in the future, if more information is disclosed. david, you heard lauren talk about the old gm. the new gm is heavily invested in by the american taxpayer. basically every american has an interest in what happens here. is there any sort of factor that plays into the fact that gm was in local parentheses of the taxpayers of the united states? does that factor into the story at all? it did not factor in as far as the senior management didn t know about the problem, didn t deal with it seriously because they didn t get reports. certainly there was a factor in the run-up to gm s bankruptcy, they were running out of ....
The story. quickly, poppy, if you would, that fund that feinberg is going to be administering, how soon account families of the 13 victims expect to see money and how much money are we talking? reporter: we don t know how much. they didn t give a number today. feinberg is going to accept family basically, applications for this come august 1st. it s going to be a long, drawn-out process. but bankruptcy complicates this. technically, under bankruptcy law, the new gm is not liable for the sins of the old gm and they are not waving that protection. we re going to see if these go to court or what fine better doles out. a delicate dance. how the leader of france is trying to keep president obama and vladimir happy when they are not going to see each other. from separate dinners to meetings, will it work? we asked people a question, ....