Comment

Motel Manager Pouring Acid in the Water When Black People Swam in His Pool, 1964

103
lawhawk6/09/2015 6:55:30 am PDT

re: #101 Timothy Watson

The problem is that a significant number of the cases were from pre-TARP and pre-bankruptcy GM, whose assets and liabilities are separate and distinct from new GM that emerged from bankruptcy.

Yes, the letterhead and insignia on the car is no different, but the liability is; and those involved in the decisions to bury the ignition switch problems may or may not be with the company still.

They’ve got big problems, and people should be going to prison over their negligence or willful refusal to address recalls (much as Takata is screwing all the companies that installed their airbags on their cars). Takata officials should be going to prison, and those at those companies who installed them on their cars, knowing there were issues should likewise be seeing the inside of a courtroom, but fines are about all we may see out of those two cases.