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36
Jun 19, 2014
06/14
by
ALJAZAM
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who knew, how high up did that knowledge go in terms of mary barra's predecessors, dan ackerson, whittaker, rick wagoner, henderson, the ceo that is preceded her. very difficult to believe that they didn't have some sense of this liability hanging out. >> david, from what you know about how companies like this work is there a place where the feedback starts to pool up? you know, there was anecdotal information coming back from dealers, coming back from maintenance shops, coming back from consumers themselves who said these kinds of things were happening. if you get a letter from carol in illinois and hollywood, florida, does it start to accumulate somewhere, where somebody reasonbly high up the food chain knew they had a problem of a similar sort with vehicles up the product range? >> there are plenty of opportunities for information like that to pool up. you have to understand the proper handling of that information and the tracking of it has to do with the tread act that was passed, you know, in the early 2000. in the aftermath of the ford explorer firestone tire recall and all of those
who knew, how high up did that knowledge go in terms of mary barra's predecessors, dan ackerson, whittaker, rick wagoner, henderson, the ceo that is preceded her. very difficult to believe that they didn't have some sense of this liability hanging out. >> david, from what you know about how companies like this work is there a place where the feedback starts to pool up? you know, there was anecdotal information coming back from dealers, coming back from maintenance shops, coming back from...
81
81
Jun 10, 2014
06/14
by
BLOOMBERG
tv
eye 81
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i looked over the transcripts of last year's meeting and dan ackerson ran the meeting for only an hour. i thought this one was going to take a lot longer. this company is in real trouble with the ignition switch recall. a recalls 14 million vehicles this year. that is 12 times more than the number of vehicles they sold in the same amount of time. sales have been on a steady rise. companye clear that the only has a few hurdles to go before it has this issue, if not behind it, but at least dealt with. >> the messages to clear things that we need to do. do the right things for those that were harmed. wem committing to make sure create the right organization, the right process, so that this never happens again. hurdles thatjor they had to clear our a congressional hearing. they will be grilled after the details of the report and everything that congress asked her for last time are turned in. number two, they have to deal with ken feinberg. the process that he comes up with. he will decide how much these injured or were killed, how much their families are going to get income -- and compensa
i looked over the transcripts of last year's meeting and dan ackerson ran the meeting for only an hour. i thought this one was going to take a lot longer. this company is in real trouble with the ignition switch recall. a recalls 14 million vehicles this year. that is 12 times more than the number of vehicles they sold in the same amount of time. sales have been on a steady rise. companye clear that the only has a few hurdles to go before it has this issue, if not behind it, but at least dealt...
79
79
Jun 6, 2014
06/14
by
BLOOMBERG
tv
eye 79
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how did mary barra or dan ackerson not know? how did the government not know? by the way, the government that had the car czar steve rattner -- it was great timing that they got out completely of their shares right before this came to light. does anyone buy that, that the government does happen to have such incredible timing that they didn't own any of it when this 11-year-old recall problem finally came to light? i don't understand why the report doesn't focus more on that. if some lawyers were warning them about liability from these cases in 2011, how did they not know about it? how do you not tell the ceo? the head of their legal team is not gone. a lot of questions. >> thank you very much, matt miller and sean cain, and i want to thank tim higgins join us from our detroit office. he took a lamborghini for a ride. the latest exotic ports car, the huracan. $237,000. that is next. later, we will take a look at a tropical fish trade. why some fish are selling for as much thousand dollars. -- as $5,000 apiece. ♪ >> from gm to lamborghini. the huracan is the late
how did mary barra or dan ackerson not know? how did the government not know? by the way, the government that had the car czar steve rattner -- it was great timing that they got out completely of their shares right before this came to light. does anyone buy that, that the government does happen to have such incredible timing that they didn't own any of it when this 11-year-old recall problem finally came to light? i don't understand why the report doesn't focus more on that. if some lawyers...
147
147
Jun 26, 2014
06/14
by
BLOOMBERG
tv
eye 147
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he would not have asked dan ackerson that or janet yellen if she can be a mom and -- i don't even knowe is a mom. it doesn't matter. i can't believe it. i can't believe it. >> in the hedge fund industry, 97% of the senior investment professionals are men. to me, it is a huge advantage being a woman. we saw problems differently. if everyone is looking at it one way and i see the different way, it is an advantage. >> be honest, why aren't there more women who have your job? >> when we go to higher portfolio managers, and we will get 20 applications, sometimes not a single one is a woman. that is frustrating to me. we're just starting an incubator program where we are taking people from atypical paths and trying to train them to be a portfolio manager. part of the thought process behind it is back to liquidity markets. as liquidity is come out, i think you are to be an independent, creative thinker. you don't want to be in the hedge fund crowd. incubator program, we are trying to look for women. i've mandate or estimated one third of the hires should be women. hope for me, because i have
he would not have asked dan ackerson that or janet yellen if she can be a mom and -- i don't even knowe is a mom. it doesn't matter. i can't believe it. i can't believe it. >> in the hedge fund industry, 97% of the senior investment professionals are men. to me, it is a huge advantage being a woman. we saw problems differently. if everyone is looking at it one way and i see the different way, it is an advantage. >> be honest, why aren't there more women who have your job? >>...
111
111
Jun 17, 2014
06/14
by
BLOOMBERG
tv
eye 111
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no one has called the actors and -- dan ackerson or ed whitacker.alled the government czars. ven ceo at the time when these vehicles were produced. a lot more people should be questioned in this. they will not be. i am sure the families of the victims want to see people go to jail. that probably won't happen. you are not going to shut down or bankrupt the company. out a fewfford to pay billion dollars. that went up yesterday with the new recalls. how much can you possibly do besides extract $5 billion from them and let them move on? new company post bankruptcy, people hate to hear that. they will use that as a defense for the, claim. -- for the economic claim. andou say i owned a recall because of these recalls the value has dropped. it has not, they still go for thousands of dollars on ebay. still goes for $4000. >> matt miller once cobalt -- matt miller wants a cobalt. >> if they fix the potholes, if i hit a pothole i can shut down the car. >> alix? year brawl between macy's, jcpenney, and martha stewart is over. a new york supreme justice says jc
no one has called the actors and -- dan ackerson or ed whitacker.alled the government czars. ven ceo at the time when these vehicles were produced. a lot more people should be questioned in this. they will not be. i am sure the families of the victims want to see people go to jail. that probably won't happen. you are not going to shut down or bankrupt the company. out a fewfford to pay billion dollars. that went up yesterday with the new recalls. how much can you possibly do besides extract $5...