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we are going to wait for gm's ceo mary barra who should be speaking just minutes from now after opening statements. thanks again to the senator. >>> up next, the emotional day for the families of the victims. meet the attorney who's suing gm over these deadly defects. we are again monitoring also a live update on the devastating mudslide in washington state. the death toll today climbed to 27 with 22 people still missing. we're listening in and will fill you in on that too if anything changes. ok, the system works. let's say you pay your guy around 2 percent to manage your money. that's not much, you think except it's 2 percent every year. does that make a difference? search "cost of financial advisors" ouch! over time it really adds up. then go to e*trade and find out how much our advice costs. spoiler alert. it's low. really? yes, really. e*trade offers investment advice and guidance from dedicated professional financial consultants. it's guidance on your terms not ours that's how our system works. e*trade. less for us, more for you. hi dad. she's a dietitian. and back when i wasn't e

gm. ceo mary bararea faces congress on the bottom line, the reputation and how the company could possibly make a come back. gm recall prices not slowing down the automaker's rivals. the best in eight years. chrysler sales jumping 13% on the back of strong jeep and ram pickup sales, gm struggles, this success. taking the cake. dunkin donuts sink its teeth into a new online cakes strategy that will make ordering one as easy as pie. the ceo is with us exclusively. "countdown to the closing bell" starts right now. liz: good afternoon. i can't answer that, that is the phrase gm ceo mary bara has added three time since she began her congressional testimony at 2:00 p.m. eastern time. she has held the top job for 0.19% of gm's entire existence, but she is the face of the entire company as she faces a house panel whose aim it is to find out why it took general motors eight years to recall certain vehicles including he recalls affecting everything from ara airbags two axles. who designed a design change to ignition switches and was made oaware of potential problems and why recalls were not ordered

. >>> gm ceo mary barra facing a second day of tough questions. e is testifying about the gm ignition switch defect. randall what is the focus of the senators today? >> the subcommittee is strongly suggesting, some of the members, that gm's leaders may be criminally liable for allegedly covering up defective ignition switches. claire mccabbing kel challenged mary berra in that the company has changed under her leadership. >> is this the new gm that takes a lawyer having to write to nita for you to finally recall all of the cars? >> as we looked at the first population of vehicles we immediately read across toe the other vehicles that may have the same part. often when you have the same part in a different vehicle it can be different placement. >> there were concerns about using the same part number and then lying about it under oath. >> number one, commit to a compensation fund that will do justice for the victims of the defects that killed people in your cars. number two, warn drivers who are currently behind the wheel of those cars that they shou

. ♪ >> the gm ceo, mary barat, is testifying right now. is talking up the faulty ignition switches that have led to at least 13 deaths. can't comment on this particular study. >> if that part of your internal investigation, i would like free to make that available to the committee staff and committee. >> we will make whatever information we have available. >> we now recognize ms. czajkowski for five minutes. >> thank you. must make it more painful is that these deaths were needless. about more than an apology. one of the questions raised about gm is how you will handle accidents that happen prior to the company's bankruptcy? gm filed for bankruptcy in june 2009, emerging as new gm about six weeks later. that new gm, the company as it exists today may not be liable for accidents that occurred prior to july 2000 nine. is that your understanding? towe at general motors want the right thing for our customers and that's why we feel this is an extraordinary situation. get to the long to answers and understanding about this part. that is why we h

gm's ceo mary barra gives a mea culpa in washington. hard to get into the details, we will tell you why. gm is not the biggest offender when it comes to recalls. we have the list and our top five. one more -- big papi and commander-in-chief, david ortiz presented president obama with a jersey. get a selfie with the president -- samsung confirms it was a publicity stunt. just like it was behind the ellen degeneres selfie. ♪ >> this is "lunch money" on bloomberg television. also streaming live on bloomberg.com, your tablet, and your smartphone. i am adam johnson. in motors, gm's ceo mary barra in washington for a second day of testimony. answering questions on the ignition switch recalls linked to 13 deaths, mainly regarding how long gm knew about the faulty material. >> why not come here and say we are going to do the right thing and compensate the victims. money cannot erase the pain but it is the right thing to do. >> our first step in evaluating this is to hire mr. feinberg, we plan to work with him and understand his expertise. there

chris, what should mary barra and gm do and say at these hearings? an tell you the words i don't know are not going to be well received. and even if mary barra hasn't gotten to the bottom of things and can't say definitively what happens and why it took ten years for them to disclose this the, she can say here is what we've learned so far and here is what we intend to do to get to the bottom of it. despite what we may find, there's no explanation that can be saef whether it relates to the bureaucracy or disfunction or lack of credibility. none of those will be satisfactory answers. >>> they might well find bankruptcy reorganization on to avoid legal and financial liability. if they do that, will that make things better or worse? >> that would make things much worse. and i think that mary barra and gm koo should come out and pledge voluntarily not to hide behind the bankruptcy or try to limit their legal and financial liability. there is a lot of concern, a lot of frustration, and it will demonstrate that they're willing to do the right thing after ben

. >> we'll hear from gm's ceo, mary barra. e is a second generation gm employee, and her written testimony was released yesterday. she plans to .a ol guise for what happens, and also the fact that it took gm a decade to recall the vehicles with the ignition switches. they have hired a prosecutor to independently look into when things were known and why it wasn't revealed. they also have created a global vehicle safety supervisor to oversee safety. and work with customers to give them replacement vehicles while they get their cars fixed. these ignition switches fixed. she'll get tough questions today, del, and tomorrow she'll go before members of the senate is. some of them are pushing for real changes. one is ed markey of massachusetts. he joined some victims families outside of the capitol building to talk about changes he would like to see including making sure car companies report when their vehicles have been used in accidents, part of a fatality on the highways. senators like ed markey want that revealed more quickly. and

david: today was day two of gm hearings on capitol hill. ralph nader on whether maryher case of the gm ace liability and whether a government task force should have known about all this. liz: a week after legal ruling that northwestern football players are indeed employees of the university and should get paid, several college football players were on capitol hill rallying for support.ill the ncs rising pressure? ok, here's the way the system works. let's say you pay your guy around 2 percent to manage your money. that's not much, you think except it's 2 rcent every year. does that make a difference? search "cost of financial advisors" ouch! over time it really adds up. then go to e*trade and find out how much our advice costs. over tispoiler alert.dds up. it's low. really? yes, really. e*trade offers investmen advice and guidance from dedicated professional financial consultants. it's guidance on your terms not ours that's how our system works. e*trade. less for us, more for you. but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed

snowy, al jazeera. >> we have hired tony lucas, that's what gm exec mary barra said time after time. the next day the senate panel pushed that conversation much further, raising the issue of criminal liability for failure to act. a gm engineer named ray de georgio, requested in terms of a georgia woman killed in a chevy co-bald accident in 2010. he said he never signed off on changes of the ignition. but senator claire mccaskell held up papers that said he approved of the change. >> has mr. de georgio been fired? >> as i return to the office we will look at the people implications. >> he has not been fired? >> no he has not. >> have there been any instances where gm is actually changing a part and fixing a defect and keeps the part number the same? because this -- this, to me, is not a matter of acceptibilty, this is criminal deception. >> i am not aware of any and it is not an appropriate practice to do. it is not acceptable. >> i am very disappointed really as a woman, to woman, i am very disappointed because the culture that you are representing here today is a culture of the sta

call or click to open your fidelity account today. >>> gm ceo mary barra returns to the capitol hill t seat and in about an hour she'll testify at a senate subcommittee hearing. barra faced a grilling from a house panel in yesterday's hearing. >> how can gm assure its customers that new switches be installed beginning april 7th will finally meet gm's requirements? >> we are working very closely with our supplier. our executive director responsible for switches is personally looking at the performance of the new switches. we will do 100% end-of-line testing to make sure that the performance, the safety, the functionality of these switches are safe. >> i'll tell you the one thing that's ringing in people's minds is that memo from 2005 from an engineer who's not been named yet, quote, none of the solutions represents an acceptable business case. that's the quote that's being repeated today. >> do you think that she's going to have to make good, gm has to make good in a way we're not even thinking? is it a obama situation? >> you point that out because, of course, they've hired kenneth fe

and in other news, gm's ceo mary barra will be back on capitol hill today in front ooh a senate panelo the automaker's massive recall of faulty switches. barra says she didn't know why gm waited more than the a decade to recall cars who had defective parts. she promised to change the automaker's culture, putting a new emphasis on safety. >> it's taken way too long and we will learn from this and we will make changes and we will hold people accountable. the best thing in the world would be as soon as we find a problem we fix it and it doesn't exist in the marketplace and doesn't affect our customers and doesn't create tragedies. >> gm is bringing in an outsider to help sort out the company's response to customers affected by the recall, which has been linked to 13 deaths. ken feinberg oversaw compensation funds for 9/11 vict victims, the bp gulf oil spill and the boston marathon bombing. >>> now, investors continue to pull money out of the world's biggest bond funds. pimpco set a return fund of $3.1 billion in march. investors withdrew more than 41 billion in the fund last year, the bi

it will be between the subcommittee on consumer protection and product safety, and the new gm ceo maryarra. what they are looking at today is the same as yesterday, why did gm take almost a decade to issue a total recall? claire mccaskill sort of set the tone for today's hearing. >> we don't know how many people crashed because of this cover up. we do know that many died, including miss melton, and at least one of my constituents. >> now the ranking republican member of the committee senator dean heller of nevada said that he is a stock car driver -- his father is a stock car driver and he pointed to what he called a troubling practice of gm of using the same number for different parts. >> government investigators have now requested that gm provide any documents chronicling the change and who within the company provided it. i'm also requesting that gm provide this committee with that same information. >> what he is talking about there is when gm discovered it had a problem with the ignition switch it replaced the device, but used the same number, suggesting there was probably a cover u

. >> mary barra, gm c.e.o. will be in questioned on-capitol hill later in the week-about the ignition switch that has lead to 12 doeaths. those are the headlines. ralisha. investigators believe the man accused of kidnapping the 8-year-old is dead. where is she? >> in the thick of it - the strength of neighbours - hurting but hunting for the missions. >> you are mindful of how logs are stacked. someone could be underneath it, it's intense. >> and also a "america tonight" special series "your secret is out", a look at street move. >> they looked up your information 1400 times - do you have any idea why? >> that's what we want to know. >> good evening, thanks for joining us. joie chen is off, i'm adam may. we begin the search for relisha rudd. she's been missing for a month. the main suspect in the disappearance may be dead. lori jane gliha has been following the case. this is a twist. we thought police were looking for her body. >> and the washington press chief doesn't make identifications like this. usually the

your money needs an ally. >>> gm's recall crisis, ceo mary barra about to face a house panel after a ttle more than two months on the job. is gm making the right moves to resolve this public relations nightmare? >>> going out like a lion, really like a bull. the market surgeon the final trading day of march but will there be an april fool's joke in friday's jobs report? >>> and is there a penthouse glut in new york city? find out why those ultrahigh end glass mannings in the sky may be sitting for a while. "squawk box" begins right now. ♪ >>> so nice to see you. >> so nice to see you. >> what a couple we make. >> it's messy here. are you okay? >> it's messy. >> we combine a little of both, don't we? >> yes. >> i think we're hybrids more or less. we embody both. collectively we cover the bases. good morning. >> it's a bromance. >> i'm joe kernen along with andrew ross sorkin. becky is out today. we have a call switch. she doesn't use it because she has the wireless mikes. she was coughing all day yesterday. she's not here. hopefully she'll be in tomorrow and feel better. i think it's b

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mary barra issued an apology after the recall: >> gm is feeling the heat from federal prosecutors who are examining whether the company is liable for failing to disclose the problems with its vehicles. >> general motors has recalled more than 6 million vehicles since february. >> a safety mandate from the department of transportation - in the coming years rear view cameras will be in all equipment. it will effect vehicles sold after may 1st, 218, back-up accidents are blamed for 2,000 deaths and accidents each year. >> russian president vladimir putin told angela merkel in a phone call that he is pulling back some of 15,000 troops. they discussed other moves to ease tension. >> the obama administration is considering releasing a middle eastern spy as efforts to keep the talks between israeli and palestine leaders from stopping. >> all sides are admitting that there isn't a deal to release palestine prisoners in the next day, the talks could collapse. u.s. and israeli and palestine officials are meeting, trying to come to an agreement to release the last group of four groups of 104 pal

gm ceo mary barra is going to capitol hill for her testimony today. we've got the gm trade. nks so much. >>> in a couple of hours as scott said, general motors ceo mary barra will take the stand in washington testifying on the problems with those ignition switches in gm cars. our eamon javers is live in d.c. with that. >> you can expect this is going to be an all hands on deck moment for general motors. very high profile situation. emotions are running high. we had family members of some killed as a result of this ignition switch issue up here on capitol hill today. they're going to be here throughout the day. that just adds an element of drama to this hearing that's unpredictable for the company. the company has got the assets to handle this in washington. take a look at some of their lobbying power house here in washington. they spent $8.82 million on lobbying in 2013. that was up from 2012 although not as high as it had been during the financial crisis. they've hired ten outside lobbying firms to work for general motors here in town. their hired guns include three former m

randall pinkston has more. >> today c.e.o., gm, mary barra testifies before a congressional hearing. she is expected to say she is sorry and will conduct an investigation into an ignition switch leading to a dozen deaths, 32 car protects, and 2. -- wrecks, and 2.2 million recalls. >> clearly we have to improve the process. >> family members of the crash victims in the audience, failing to under how gm failed to address the detect, known about since 2001. >> i'm hoping to peak to the c.e.o. mary barra, for a few minutes, to find out what they plan on doing to uncover the information that has been h hidden for so many years. >> laura, whose daughter died when the air bag failed to deploy, got her wishes. the c.e.o. reportedly cried. >> she said she was sorry to all of us, and we got a chance to talk to her and tell her about our children that died. >> the timing of that meeting and the grilling she'll face by lawmakers could not have come at a worse time. yesterday they announced another recall, 1.5 million cars for participation loss of power steering bringing the total recall to 6 mi

take you back to capital hill where a huge hearing is getting underway where we will here from the gm ceo mary about the issues and why didn't gm do something about fixing it sooner. let's listen to sound from the family members. >> they are playing a game with my safety and my friends. i cannot begin to explain the fear and confusion that runs through you the moment you have no control over your car. i cannot understand the loss the families are going through. my hope is that the horror stops now. the federal government failed to talk action and drivers like me were kept in the dark. i mind like to close this by quoting my mother's letter saying this is a safety issue recall and i should not have to list to you the safety problems that might happen such as accidents and death. i believe this car needs to be examineed, revised and corrected. >> gm has recalled nearly 3 million cars for that faulty switch prompting the company to name a new safety chief and recall their recall processes and they will be testifying, the ceo mary barra, on the hill this afternoon. watch for that. >>> now this new

i'm always kept away by val valuati valuation. >>> coming up next, look at gm's ceo mary barra. she's back on capitol hill today. there's a look at gm shares getting a lift by about 1%. so the real question is, can she repair the automaker's reputation or is it just too much damage thus far? we have a top analyst who just made a big call on that stock today weigh in on where it goes from here and the debate over high frequency trading reaching a fever pitch. which side are you on? our next guest explains why he says high speed trading is good for the markets and your money. >>> all right. welcome back. you're looking at the right-hand side of your screen. that's where this hearing has just wrapped up. day two of gm's ceo mary barra on the hill. the real question is, what sort of damage control she was able to achieve here. you see the stock is getting a little bit of a rebound today. though, a well-known wall street analyst is weighing in on this stock today. initiating coverage with a sell. it is our call of the day. let's welcome in analyst who made it. harold hendrix is live o

specifically, as you pointed out, around 2005 when gm had received numerous customer complaints related to the ignition problems. as i said before, mary barra is the new face of gm. many wonder if the company will essentially try to hide behind her clean slate or will this hearing and these investigations dig deeper into people who were actually there when these decisions were being made? >> right, and mary's tenure at gm is both a blessing and could pose problems for gm. she's an engineer and has been in product planning for a number of years and has spent most of her career with the company, so while she is the new face of gm and took over officially as ceo in january, she is also a long-time executive of the company and many people are asking the question of what she knew and if she knew anything years ago. but again, the general motors is a very large company with many people doing many things, and to what degree they can pin anything on her will be an interesting thing here. >> i should mention gm issued another recall yesterday, 1.3 million cars that may experience sudden loss of power steering, resulting in higher risk of crash

marie, good morning. you know, that question about cost playing a role in gm's decision not do this recall and many other questions, mary barra was not up there defending gm but she really spent her time acknowledging what lawmakers were saying, sort of agreeing with them, deflecting the answer saying she's awaiting the results of a gm investigation. she pretty much was angered, too, and would like answers. it was a frustrating day. today could bring more of the same from a senate panel. general motors' ceo mary barra returns to the hot seat today, this time senators will grill her about the automaker's deadly car defect. democratic senator edward markey of massachusetts spoke out alongside victims' relatives tuesday. >> we now know that the difference between this switch and one that would have worked properly was life or death. >> barra told a house subcommittee tuesday she didn't know why it took her company more than ten years to recall 2.6 million cars. those vehicles have faulty ignition switches that could suddenly shut down car engines, disabling power steering, power bags, seat belts, and air bag

let me ask you, we saw gm ceo mary barra. she faced two days of questioning on capitol hill. those faulty ignition switches on a lot of gm cars. how did mary barra's performance play in terms of the public trust in auto makers? >> she's gotten a rough beating and things were easier going -- this is now going back a week, easier going in the house of representatives than the senate was a little tougher. some might cynically suggest there's a little bit more grandstanding taking place in the senate. an awful lot of people, including leaders in the media, have noticed how much tougher the women senators were on her and some have taken note that perhaps they there could be a rougher gender treatment than she's experienced than, say, toyota experienced when he went before congress from toyota or other public figures. but i applaud mary. i think -- mary barra. i think it's a reminder back to the opening of this discussion, as you framed it just moments ago, how public trust is so critical not just in finance and, of course, in health care and other great pillars of the economy, but

live from the nasdaq market site we start with the breaking news out of washington, gm ceo mary barra apologizing tonight. did we get the moment that we wanted that investors needed in terms of gm putting it all out on the table and investors saying this is the worst? >> no, we haven't, but we've gotten a bunch of things that can at least begin to allow us to quantify. we think there's going to be a lot of overhang in terms of news flow in this company. look at the sales numbers, the market now, i have to look forward. they're not going to put this company out of business or not even close of one percent is probably where this fine is going to come in. jpmorgan earns 25 cents. it's not going to be a great quarter. the numbers of in terms of sales, they're blowing it away. their high profitable businesses are growing. >> sometimes it's not about reality but perception. the perception as jpmorgan pointed out is that the market share losses could continue into the second quarter. granted, they said gm is a buy here. $5.5 billion though in market caps since march 10th which is when all th

gm has the timeline. again, the devil is in the legal risk that you take by acknowledging certain facts along that sequence. >> yesterday mary barra kept referring to the old and new gm here. obviously, having her as the face of the company, many believed, especially those family members of people who died in crashes, believed that she might be able to provide them, at least with these hearings, a bit more detail. i get what you're saying, this is all under investigation. you have lawyers involved, but the bottom line is, these clips of mary barra, the new face of gm, are being played nationally right now, but does not settle well with the victims' families, doesn't settle well, obviously, with some members of the senate and, most importantly, with those family members. >> yeah. bar barra's toughest task is to credibly distinguish the new gm from the old gm. bankruptcy saved the company, wiped out billions in debt, got concessions from the uaw. it did not eliminate all the vehicles built before 2009, and the company has to step up to the responsibility and liability for that. >> what do you believe that she needs to say at t

. >> you met with the head of gm mary barra. what did you say to her?obviously, we tried not to have it as an accusation or point fingers. realizes who we are. the whole idea was to put a face with the people that lost airlines that accident will stop -- who lost their lives in an accident. she is a mother as well. my wife's only child. it was just devastating and has been devastating to her. we just wanted to say, mary am a this is what happened. this is what happened from what gm did or did not do. that was the whole idea. she gave a short speech when we first got there, a sickly sanction apologized to each one of us -- basically saying she apologized each one of us specifically. from there, she mentioned she can't change what happened in the past, but putting every effort she can to change how gm is hailing things in the future. >> have you sued gm? >> we have filed a lawsuit. i think it was filed about two weeks ago. quick in response to a question from democratic senator blumenthal of connecticut, mary barra says she would allow her if to drive a c

gm's first quarter performance. the stock fell 32 cents yesterday. ceo mary barra says gm has put two engineers on paid leave. sac capital will pay a record $1.8 billion dollar fine for insider trading. the government's case against firm started in 2007. sac was indicted by a federal grand jury last year for churning out hundreds of millions of dollars in illegal profits by encouraging insider trading. sac founder steven cohen has never been charged. the hedge fund changed its name this week to point72 asset management. three big credit card companies are the winners in a collusion lawsuit. american express, citigroup and discover financial services defeated a lawsuit accusing them of colluding to settle lawsuits in arbitration, rather than class action suits. plaintiffs say the conspiracy ran from 1993 to 2003. analysts say the ruling puts a big dent in consumer rights. a budget with tough cuts has been approved by republicans in the house of representatives. the budget by paul ryan calls for ending obamacare and deep cuts to social programs. but with more money going to the pentagon and health care for vete

mary barra testified that gm will do the right thing, and she lieves what many big lawmakers believe that the big car company is not doing all of the right things on ssuethis i >> marry bar ra, the new ceo of gm faced congre, and the whole rrific series of car crashes. at least 31, and 13 people killednd she apologized. >> i am deeply sorry. >> reporter: but barra got h hammered. >> again, you are relating to specific incidents that -- >> you don't know about that? >> reporter: and barra wept last night say family members and victims who met with her. the issue is b ignition switches which can suddenly turn the off engines and brakes and power steering. they knew about it in 1991, but they did not order a recall. átttáápr" no. >> reporter: in 1979, sarah troutline died when her car crash d the air abag did not deploy. her family is furious. >> the only thing that matters to me now is getting the cars off of the road like yesterday. >> reporte next week, replacement switches wl be finally d dirks and barra has ordered 2.6 min >> sitng here today, i cannot tell you why it took so long

>> i think it overall helps because the way that gm and mary barra has been handling this so far is markedly different many ways when the old gm might have handled it. the old gm might have tried to allay, deny responsibility all the way up to the bitter end. this is very different for general motors. mary barra is accepting responsibility. she has apologized. she has tried to assure the public they will get to the bottom of this and, yes, that is very different from how they might have done it before. cheryl: fred, i want to get your legal opinion on this. we heard earlier from one of the victim's family. i want to play you this emotional, emotional sound bite. i want to get your reaction on the other side, kind of get your legal opinion on this. >> fixing the problem when it was discovered save these two girls lives and lives of many others in yes. should gm be held, should gm be able to hide behind their bankruptcy and not accept the responsibility and liability of these young lives? no. please help us in standing up for what is right. gm knew it was wrong. gm hid it during the bankruptcy

brothers, mothers, fathers, wives and husbands are gone because they were a cost of doing business gm's style. >> maryarra did meet with victim's families last night. press reports say she wept they were able to have some conversation. al jazeera spoke with some of the families to hear personal stories first hand. sherry still expecting her son to come home. >> i'm still waiting for him to knock at the door or ask what is for dinner. >> reporter: but michael sharky is never coming back. he was killed two years ago when his brand new chevy coal -- coal battle crashed and burst into flames. >> by their own admission. the ceo says we were slow as slow could be, but there's slow and then there's intentional refusal to act. and, you know, and we're talking about ten years, documents that exposed the defect for a decade, and a decision if you believe their documents not to fix the defect because of the expense and cost. >> reporter: robert is an attorney representing 52 owners of gm peoples, including the families of people who were killed in accidents due to the faulty ignitions. >> so many of the folks th

renaissance, not just in bottom lines, but also in a desire for safety on the part of gm, and i'm hopeful that marythat commitment that is so important. i want to know from gm why it made that business decision to conceal this defect again and again and again, year after year. >> is there any doubt in your mind about the answer to that? >> there's no doubt about the answer. the question is, what to do about it, and that's why the fund and the new bill and the warnings are so important. as remedies that gm can do on its own if it wants to do the right thing. >> from the outside looking in, maybe the more puzzling question, obviously, they made this decision because they would save a lot of money, but the national highway traffic safety administration, which you point out, also would be affected by this bill, we know they got indications of a problem, both in 2007 and again in 2010, but took no action. it's a little more difficult to understand the why in that case. what do you think happened? >> i think the regulators and the watch dogs were less careful, vigilant, and aggressive than they should ha

gm ceo mary barra under intense scrutiny what she knew and when. >>> also coming up on "the willis report," it's a tricky question for mom and dad. should you could sign that loan? we'll help you make the right choice. >>> kathleen sebelius out at hhs. what does her resignation say about obamacare? >>> our users guide to education. the best strategy getting the free money. we're watching out for you on "the willis report". >>> new developments tonight on the general motors recall. congress making public the documents that the auto company was made to turn over to the house energy and commerce committee and it appears gm's ceo mary barra knew more than she has been saying. rich edson has been going through all these documents. rich? >> gerri, general motors engineers knew about chevy cobalts shutting off inad vert antly a decade before they recalled dozens of these cars. that is what documents in the house energy and commerce committee showed. engineer was writing aways very aware with inadvertent ignition office. the piece cost of the ignition switch went up 90 cents and $400,000 in tooli

today i will have the opportunity to talk to mary gm, and ask ceo of how and why the company took so long to inform the public about these defects and to recall the vehicles, vehicles that they knew were hazardous. now i want to acknowledge the families and some of those of the dems for joining us today and for speaking up about their loved ones will stop i know it is difficult that takes a great deal of courage to speak about what has happened. i know they are experiencing the continuing pain that they have been feeling with lost family members and losing them in an accident that might have been prevented had gm taken action sooner. we owe it to you to find out the facts. investigation -- we began our investigation several weeks ago. the reveals a disturbing pattern, and pattern were again and again, gm discovers over stalled -- told these problems with their vehicles and the company did nothing. this morning i'm releasing the new analysis that has ever been released of the gm warranty claims. gm has received warranty claims from drivers and technicians who experienced and identify

we go to the congressional hearing for the general motors ignition switch recall where the ceo of gm, mary barra, is concluding her opening remarks. >> finally, i would just like to apologize to everyone who has been affected by this recall.

gm mary bara faces tough questions, apologizes for defects. >>> what's next for obama care now that 7 million have signed? >>> a bizarre and frightening chainsaw accident and how that patient is doing now. it's wednesday, april 2nd. "early today" starts right now. >>> very nice good morning there in the east i believe. somewhere in washington d.c. i'm richard lieu. good day to you. breaking news. chile's president has declared an emergency. the magnitude 8.2 quake happening off chile's northern coast. the survey saying over three dozen after shocks over 5.0 on the richter scale. there are deaths reported, fires, landslides, homes destroyed and power outages. the trimmer sent people scrambling for safety. tsunami warnings were issued but later cancelled. there is one in effect for hawaii this morning. during the jail evacuation, 300 female inmates escaped. we get more from nbc. >> chile tv broke in with image as from the first moments the quake hit. objects rattling from ceilings and rattled nerves causing drivers to clog roadways as they tried to vak waevacuate. the first wave hit the

the newis mary barra, ceo of gm. what does this mean? s a long, unpaid consultant barra i would advise mary to reopen all of these products liability suits by the bereaved families before the bankruptcy and after the bankruptcy. you have people who want their day in court. they won a trial by jury. they want to bring general motors to compensate them for their losses. before a jury of their peers. gm is resisting reopening these prebankruptcy cases. here is another example of convergence. when it comes to having your day in court -- if your loved one was killed or seriously injured, it does not matter if you call yourself a republican or democrat chris you want your day in court. when we get down to where people live and work in research altering, these manipulated ideologies are controlled by the talker see, both from wall street to washington. they tend to dissipate as people focus on fair play, simple golden rule, simple justice. i better realize that this mbruglia will only get them into a that place. they are looking for media prizes

gm's mary barra will answer tough questions on the hill tomorrow about why it took her company so longx the problem that is now linked to more than a dozen deaths. tuesday's hearing comes as gm issues another big recall. 1.5 million vehicles with power steering that could suddenly stop working. that makes more than six million gm cars recalled for various reasons since february. >>> new tonight, chopper 4 over the scene as dive teams hit the water in prince george's county for repts of a truck stuck in the water. governors bridge road in bowie is near. divers confirm nobody was inside the truck. rescue boats searched around it with a helicopter providing a spotlight. they didn't find anyone. >>> we didn't have any rain to worry about. in fact, it was a beautiful day today. doug, can we enjoy this for a couple days? >> maybe another day, maybe another two. maybe another couple of days. temperatures today got up into the 60s and even the low 70s in parts of the area. take a look at the high. 67 in d.c. 70 in fredericksburg. 72 in culpeper. but we've got some unsettled weather coming our

. >> reporter: gm ceo mary barra arrived on capitol hill this afternoon to apologize for gm's failures leading up to the automaker's recall of 2.6 million vehicles for dangerously defective ignition switches. >> nothing but the truth. >> reporter: the audience included grieving family members of people killed in switch-related accidents. >> today's gm will do the right thing. that begins with my sincere apologies to everyone who has been affected by this recall, especially the families and friends who lost their lives or were injured. i am deeply sorry. >> reporter: but in the face of tough questions about what gm knew and when about the problem, barra repeatedly said she did not have the information. citing gm's ongoing internal investigation. >> gm was notified by delfi of this, correct? yes or no. >> i am not aware of this. >> you don't know about that? i'm getting this information from the chronology that gm provided to ntsa. >> i was not a part of that organization at the time. that's why i'm doing the investigation to understand that. >> when was that that gm informed nhtsa? >> i

the cobalt is just one of the gm models included in the massive recall that has ballooned to more than 6 million vehicles. since newly appointed ceo maryarra has taken over, gm has called vehicles because of ignition switches that could turn off unexpectedly shutting down car power and safety systems including the airbags. a fatal flaw that barra claimed responsibility for during tuesday's testimony. >> this is an extraordinary situation. it involves vehicles we no longer make, but it came to light on my watch. so, i am responsible for resolving it. >> barra was grilled by a congressional committee about not only what gm knew and when but about the company's commitment to public safety. >> isn't it true that throughout its corporate history, gm has represented to the driving public that safety has always been their number 1 priority? >> i can't speak to the statements that were made in the past. all i can tell you is the way we are working now, the training that we have done, we've changed our core values. it is decision making we are leading, leading by example. >> hasn't the core values of general motor always been that safety comes