that is not the way we do business in today's gm. >> well, how does gm balance cost and safety? e don't. today if there's a safety issue, we take action. if we know there is a defect on our vehicles, we do not look at the cost associated with it, we look at the speed in which we can fix the issue. >> was there a culture in gm -- >> general motors ceo mary barra answering questions before the house energy and commerce subcommittee. we'll continue to monitor the hearing and have more when we come back. dg retirement account. before he opened his first hot chocolate stand calling winter an "underserved season". and before he quit his friend's leaf-raking business for "not offering a 401k." larry knew the importance of preparing for retirement. that's why when the time came he counted on merrill edge to streamline his investing and help him plan for the road ahead. that's the power of streamlined connections. that's merrill edge and bank of america. their type 2 diabetes... ...with non-insulin victoza. for a while, i took a pill to lower my blood sugar, but it didn't get me to my goa

today's gm will do the right thing.hat 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. i have asked former u.s. attorney anton deluca is to conduct a thorough investigation. i have received updates from him and he tells me he is well along with his work. he has free range to go where the facts taken, regardless of outcome. the facts will be the fact. my leadership team and i will do what is needed to help assure this does not happen again. we will hold ourselves fully accountable. however, i want to stress, i am not waiting for his results to make changes. i have named a new vice president of global vehicle safety. a first for general motors. the top priorities to quickly identify and resolve any and all product safety issues. tasks not taken on this alone. i stand with them and my senior leadership team stands with them as well. we will welcome input from outside of gm from you, from our custo

gm knew for years was dangerous, anddefective. our daughters, sons, sisters, brothers, mothers, fathers, wives and husbandsre gone because they were a cost of doingsiness gm-style. >> and understandably very angry mom. several lawmakers are pushing for change and a backing legislation that would require the automakers to report potential prlems like this earlier, and t department of transportation would also have to the publish the information earlier. nbc news is going to have more on the gm safety scandal, and there is a report that suggests that at least one enneer was aware of the ignition probl years before the company e recalled any cars. that is on t news right after this broadcast. >>> we have breaking news. there an arrest in the murder of a mother of five in ashburn. the loudoun county sheriff's office has arrested a man who is accused of killing his wife, michelle castillo who was found dead in her home on march 20th. the neighbors say that the mother was a triathlete, and deeply involved in the church, and the missionary work, and her husband is being h weldithout bond. julie carey is going to give us more information with a full repo

and i think by hurting gm, even though it will never hurt like we do, but by hurting gm and the only place to do that is in their pocketbook, is the only way to do it. gerri: neither of you really talked about the government's role in this, nhtsa. which was getting reports all along the way and, either didn't put all the dominoes together, didn't draw lines between the reports they had, didn't see what was happening. laura, to you, should nhtsa be involved here? what should happen to them. >> well nhtsa needs some assistance going forward. certainly they dropped the ball. as a former federal investigator for the government it's difficult sometimes. but nonetheless, if i could find those missing pieces and i did, i did put together some of these defects way back in 2005, if i could find them, certainly nhtsa should have. i believe that 10 million-dollars budget for an organization that is so important is just way too low. way too low. and actually i met with david friedman last thursday and we discussed things like that and other measures such as increasing the amount of education that

gm knew about this? >> that's why i'm doing an investigation. >> okay. fact, delphi, the manufacturer of the ignition switch, informed gm in 2002 that the switch was supposed to be 15 minimum torque specification, but in fact, these switches were between four and ten, didn't it? >> the specifications correct that it was supposed to be 20 plus or minus five. >> and these switches were between four and ten, correct? yes or no will work. >> we know that now. >> and gm was notified by delphi of this, correct? yes or no? >> i'm not aware of being notified. can i also correct, i was -- >> i need a yes or no. i only have five minutes. i'm sorry. so as far back as 2004, ten years ago, gm conducted a problem/resolution tracking inquiry after it learned of an incident where the key moved out of the run condition in a 2005 chevrolet cobalt. is that correct? >> again, you are relating specific incidents that happened -- >> you don't know? you don't know about that? take a look at tab eight, please. by the way, ma'am, i'm getting this information from the chronology

how do you think drivers are going to feel about her testimony? are they going to feel safe in a gm car? do they trust the company? >> i think the proof of this will bear out over some time. what was interesting today, gm released its march auto sales with the rhett of test of the a. passenger car sales are up 10% for the month of march. this has been front page headline leading news for the past couple of weeks. it would have been interesting to see whether consumers decided not to purchase towards the back half of the month. that doesn't appear to be the case. as this plays out over the course of the next few months i'd expect there to be some sort of backlash to consumers. thus far it hasn't really taken place. >> for investors in general motors, is this a problem? >> i think it is in the near-term. clearly there are going to be a couple of moments over the course of the next couple months that can be expected to be fairly ugly. as this investigation goes forward. obviously with consumers passing away in auto crashes, it's a terrible event. and i think that there's more to be fou

it would've been much better to have this issue resolved because it clearly took too long. >> do you think gm would have recalled if they recalled cars in 2005? >> i can't guess. >> do you think the company took that into consideration? >> i did not take that into consideration. i don't know if anyone needed. >> did perhaps of gm would have gone under heavy initiated recall in 2005? >> i don't know. >> all right. thank you, mr. chairman. >> senator baucus. >> ms. barra, i really hate to say this, but if this is the new gm leadership it's pretty lacking and maybe this round you can change my mind. i'll give you another chance. but leadership means stepping out with a fresh start, and i don't see. for example, you had mr. blumenthal, senator blumenthal showed you the recall notice and you still won't say that everybody who has these cars should get rid of it. even though the recall notice says if your keychain is heavy or you go over rough roads. have you seen this winter? in vermont they had 94 occasions of snow. do you know what that does for the infrastructure? look, you should have said, yo

gm knew about this? >> that's why i'm doing an investigation. >> okay. in fact, delphi, the manufacturer informed gm in 2002 that the switch was supposed to be 15 minimum torque specification but, in fact, these switches were between 4 and 10. didn't it? >> the specification is correct that it was supposed to be 20 plus or minus 5. >> and these switches were between 4 and 10. correct? yes or no will work. >> we know that now. >> and -- and gm was notified by delphi of this. correct? yes or no. >> i'm not aware of being notified. >> okay. >> can i correct? >> i need a yes or no. i only have five minutes. i'm sorry. as far back as 2014, 10 years ago, gm conducted a problem resolution tracking system after it learned of an incident where the key moved out of the run condition in a 2005 chevrolet cobalt. is this correct? >> again, you're relatting specific incident that is happened. >> you don't know? >> our entire investigation -- >> you don't know about that? take a look at tab 8, please. yeah. and by the way, ma'am, i'm getting this information from the ch

time for a look at last night's on-line poll results, we asked you, question, do you believe gm's executive should be yield criminally liable? 86% of you said yes. 14% said no. tonight a poll, question is, do you believe former cia acting director mike moral is an honest man? vote at loudobbs.com, later, we'll reveal our quotation of the night, and as you might suspect, it has everything to do with an honest man. former governor sarah palin, slamming congressman paul ryan's new budget, she called it a quote, joke. and then she said it was the definition of insanity. her main problem with his blueprint for fiscal policy? she said, it does nothing to cut wasteful government spending. we're coming right back. stay with us. >> markets warming to deter weather, rallies to record highs, wall street veteran doug cotai on why bulls will run again. (dad) well, we've been thinking about it and we're just not sure. (agent) i understand. (dad) we've never sold a house before. (agent) i'll walk you guys through every step. (dad) so if we sell, do you think we can swing it? (agent) i have the numbers rig

gm knew about this? >> that's why i'm doing an investigation. >> okay. in fact, delphi, the manufacturer informed gm in 2002 that the switch was supposed to be 15 minimum torque specification but, in fact, these switches were between 4 and 10. didn't it? >> the specification is correct that it was supposed to be 20 plus or minus 5. >> and these switches were between 4 and 10. correct? yes or no will work. >> we know that now. >> and -- and gm was notified by delphi of this. correct? yes or no. >> i'm not aware of being notified. >> okay. >> can i correct? >> i need a yes or no. i only have five minutes. i'm sorry. as far back as 2014, 10 years ago, gm conducted a problem resolution tracking system after it learned of an incident where the key moved out of the run condition in a 2005 chevrolet cobalt. is this correct? >> again, you're relatting specific incident that is happened. >> you don't know? >> our entire investigation -- >> you don't know about that? take a look at tab 8, please. yeah. and by the way, ma'am, i'm getting this information from the ch

gm new for years was dangerous and defective. our daughters, sons, sisters, brothers, mothers, fathers, wives and husbands are gone because they were a cost of doingusiness gm's style. >> mary barra 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 ignition

she's expected to say "today gm will do the right thing. that begins with my sincere apologies to everyone that's been affected by this recall." there's been speculation that those could extend to some settlements. in light after that do you think we could see the number of deaths go up over the coming days? >> clearly, the lawyers involved who represent some of the family members that you were just playing definitely want to find out if there are more people who could be added to a potential lawsuit going forward. if there are more deaths related to the issue. in the past hourks we're learning from democrats on this committee that they have done a new analysis. this one of warranty claims going back from 2003 until 2012 and what they found are 133 different cases in which this ignition switch shut off issue was reported. customers reporting things like, hey, when i go over a pothole, my car shuts off. this happens sometimes at 50 miles an hour. that's scary stuff. and it indicates there might be other cases out there that we haven't heard

gm can do the right thing in three specific ways. it can establish a fund to these loved ones and the innocent victims of gm's concealed defective product. that will consist of money. compensateer fully these loved ones for the loss of their family members. it is a start. secondly, gm ought to issue a warning that matches the severity and danger that its drivers now face behind the wheel of these defective products. it has failed to warn sufficiently that these drivers of these particular models are unsafe at any speed behind that wheel. they should be repaired right away so they can be driven. dealers are doing the right thing and are proactively reaching out to their customers, asking them to bring those models back. now gm has failed to warn sufficiently that a key that is too heavy can stop a car and airbags from deploying. what kind of car should be on the road? third, i: gm to back the bill that we have offered that would establish accountability and reform the system so that the effects are detected more quickly and disclosed m

i'm not saying that's what gm decided to do here. t the issue here is the government backed gm, clearly was not doing its due diligence, and this is the problem with progressives. they believe government is good. they pick their friends. it's crony capitalism at its worse and they don't do due diligence because they believe anything the government gets involved in is good, period. >> now progressives are responsible, right? >> if you're going to drop $50 billion into a company, you better make sure there are no pending lawsuits to the tune of $20 billion. >> the obama administration directly oversaw the recaptization, but let's pretend something, bush is president, exxonmobil is in texas. bush bails them out. billions of dollars in taxpayer bailout. they oversee them going back, but then exon starts polluting, and they pollute and pollute and a whole town dies, 13 people, something like that, but bush has run on the fact that he's built this company back up and got re-elected based partially on that. this would be a mega scandal. a me

under rusher, she must now show gm is serious about doing the ,ight wing -- under pressure she must now show that gm is serious about doing the right thing. >> open enrollment for the administration health care plan ended monday, and president obama says the sheriff americans with health insurance has gone up and costs will go down. republicans say they will repeal the program if they win control of the senate in november midterm elections. the west african country of guinea is struggling to deal with its first outbreak of the ebola virus. the world health organization has recorded 127 suspected cases and 83 deaths, and there have also been cases in neighboring liberia. >> here in southeast guinea, medics are taking no chances. some health workers have already been infected. even touching someone with evil love without full protective gear could mean a quick death sentence. the outbreak has now spread to , home to 2 million people. >> we are facing an epidemic of unseen proportions because of the geographical spread. other epidemics in the past have been much more concentrated than this

does gm accept responsibility for the accidents caused by the company's defective vehicles? >> we apologize for what has happened and we are doing a full investigation. >> reporter: gm has now recalled more than 2.6 million cars with faulty ignitions. you claimed that never once did this ever cross your desk in the last decade. what do you say to the families? how do you explain that to them? >> there's a group that looks at, when there's an incident. i was never apart of that process on this issue. >> reporter: an open question is, what the company will do for the victims. >> there's no amount of money that can replace my daughter. but i do want justice to come out of this and that's why i'm here. >> as we said, a powerful day. and rebecca joins us now. rebecca, we also saw familiar face announced today, someone coming in to help on this story? >> reporter: yes, gm has hired a very well-known disaster response individual, his name is kenneth feinberg. he helped set up the victim fund after 9/11, the boston marathon bombings and the bp oil spill. and very well-known name in that space, diane. >> all right, thank you, rebecca for

liabilities to these victims and that is the feinbergnce of ken being brought in. >> what does gm have to doto trust of regain the the tire -- carb eying public. >> they have to walk the line --ween a being acknowledged contrite and fixing the problem. cannot have a gm that says not my problem. i was prebankruptcy gm. they're going to realize that and they have set things up to acknowledge that they have to deal with this issue. whether or not they have legal protection or not. >> what about the national highway traffic safety administration? >> what about the national highway transportation safety administration? they did not do their job very well. they looked at this issue in 2007 and 2010 and both times decided not to open an investigation. they have been described as general motors' lapdog. they have -- which is ironic when they were created in the ralph nader book scandal. going to sell cars going forward? they will surely shell out billions of dollars together with ken feinberg to deal with that. how will they make us believe that they know anything about building good cars when they

gm. there is lot of talk and discussion which company do we sue. i think they're both and all going to be sued as a whole. >> yeah, a big part of it will be how gm manages this going forward. we only have to look as far back as few years ago when toyota was in a lot of hot water. deaths involved there as well. toyota managed it very carefully. they did a successful job managing it. if you look at their sales the way they recovered in terms of market share and sales, toyota is doing, you know, doing better than ever. general motors is in slightly different position in the sense that when toyota's, when toyota's scandal happened, toyota was really at top of its game. gm is right now in the position where they're still trying to regain some of the public's trust. there are some, there are some members of the public out there who are still, who still have issues with the bankruptcy. gm is still trying to reach out to those buyers and then this happens. so it is somewhat of a tougher job for gm. cheryl: real quick? >> but there's a big difference between

she says the company still has a lot of work to do. gmmotion to stop lawsuits tied to that recall, citing its 2009 bankruptcy as legal protection. >> good to be with you this week. >> you, too. >> have a safe trip home. >> thank you. >>> "new day" starts now. >>> breaking news. a huge ferry is sinking off the coast of south korea right now. there's a desperate rescue under way to save hundreds of passengers. most of them are high school students. this as the u.s. navy joins the search. we will go there. >>> hatching now. the bluefin back in the water. t another technical glitch slows the search though for flight 370. whats has it detected so far on the ocean floor? >>> breaking overnight. ukraine strikes back. the government moving town by town, taking on pro-russian demonstrators as vladimir putin warns a civil war is coming. what will the u.s. do next? >>> your "new day" starts right >>> your "new day" starts right now. -- captions by vitac -- www.vitac.com >>> good morning. welcome to "new day." right now a massive rescue operation is

do gm failed to disclose information?de met with the same answers as yesterday essentially she has ordered a review of the entire issue in both get the results of the investigation within the next faugh 45 for 60 days but that is not good enough. they said she has been there a couple of months long enough to know little more what is going on or what had happened before she took over. and demanding immediate transparency from gm. >> i am very troubled you are not willing to commit to ending this culture of secrecy at general motors of >> i did not say that. >> yes you have. i know this because i have tried year after year for more than 10 years to have legislation passed that would require of the disclosure of all this informatiinformati on. it is the automobile industry that kills my legislation a year after year. >> also asking if gm one had survived right before they went bankrupt and she said she cannot answer that. melissa: of course, not. the story comes down to me with this e-mail exchange. is that the smoking gun.

gm knew for years was dangerous and defect iive. our brothers, sons, sisters, mothers, brothers, wives, and husbands are gone because they were a cost of doing business gm's style. >> and starting in february, gm began recalling 2.6 million cars for faulty ignition switches. that can be jostled out of position, potentially disabling air bag deployment and cutting power to the engine. that's at the heart of what's going on here. however, gm's own timeline shows it knew about the problem as early as 2001. barra, who took over as ceo in january, is expected to be asked if gm knew it had a problem, why wasn't something done to fix it? she did apologize to the families she met with last night. >> something went wrong wrong with our process in this instance and something terrible happened. as a member of the gm family, and a mom with a family of my own, this really hits home for me. >> joining me now, automotive reporter for the detroit free press. thank you so much, brent, for your time. >> hi, thank you for having me on. >> i want to play republican congressman tim murphy of pennsylvania, the chair of today's hearing, he was on "the daily rundow

gm. they paid for the bankruptcy filing fees and whatnot and what they are trying to do is say, look, gm,o do by zlamg and discharging these debts because you weren't honest. even if they are able to prosecute gm it's going to be an uphill battle because of the burden of proof in a criminal trial. >> it would be risky to try it in this environment because it looks like you are really trying to wuss out here? >> the criminal aspect is one thing but with the bankruptcy aspect and liability with respect to people injured or killed, which means their estate would sue. there's two interests, prebankruptcy and post bankruptcy. >> everyone at the new gm was at the old gm. >> the point is it has to do with debt -- >> what if the company actually hid information on these car's? >> that's the allegation that they are making. that they not only willingly hid the detective defect and didn't disclose it. no court has determined that you are precluded because you filed bankruptcy from going after someone criminally. >> you are a lawyer. >> we have the burden of proof. we have very substantial evidence

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. i've asked fothe former u.s. attorney to conduct a thorough and unimpeded investigation of the actions of general motors. i have received updates from him and he tells me he's well along with his work. he has free rein to go where the facts take him, regardless of outcome. the facts will be the facts. once they are in, my leadership team and i will do what is needed to help assure this does not happen again. we will hold ourselves fully accountable. however, i want to stress, i'm not waiting for his results to make changes. i've named a new vice president of global vehicle safety, a first for general motors. jeff boyer's top priority is to quickly identify and resolve any and all product safety issues. he is not taking on this task alone. i stand with him and my senior leadership team stands with him as wel

mary baa, the new ceo, today, faced coress. >> today's gm will do the righ thg. th begins with my sincer olaps. pecially the families and iends who lost their lives or were injed. >> repter: but barra w presseon why the company decide forearly a decade, that fixing the igti wnias too exnsive. >> documents provided by gm show at this unacceptle cost inease was onl57 cents. >> is t company reonsible? doesm accept responsibility for the accints caused by the company'defective vecles? >> we apologize fowhat has happened and we are doina full investigation. >> reporr:m has now recalled more than 2.6 miion cars with faultyignions. claid ner oncehis never crossed yourde. what do youay to the families? hodoou explamrapln that to them? there's a group that looks through an incide. i waneverapart of that process on this issue. >> reporte an openue qion is, wh the comny will do for the victims. >> there's noamount of money that can replace my dauger. t i do want justice to come out of this and that's whi'm he. >> as we said, a powerfu y. rebecca joins usnow. welso saw filia

that's right, apologies and promises to do better, that's what lawmakers on capitol hill heard from the gm on tuesday. they want to hear even more today. >> general motors is sorry. >> reporter: general motors ceo mary barra is beginning day two of questioning by lawmakers on capitol hill later this morning after being grilled in the spotlight for more than three hours on tuesday. congress wants more answers explaining why gm didn't act sooner to recall millions of cars with defective ignition switches linked to at least 13 deaths. >> gm's failure to act went on and on until just two months ago when it finally started to recall these vehicles. >> reporter: since barra took over gm in january, the automaker has recalled nearly 2.6 million vehicles because their ignition switches could turn off unexpectedly shutting down the car, disabling the power steering, air bags and brakes. lawmakers pressed barra on why the company decided for nearly a decade that fixing the ignition was too expensive. >> documents provided by gm show that this unacceptable cost increase was only 57 cents. >> we apolo

doing something more. not only is the ceo of gm out there now talking about what they might do in the future, we've seen these recalls expanded in the last several days. so i think they're trying to at least from a public relations standpoint turn this story forward and try to move past the victims and the deaths and possibly if there are more deaths move past that and start talking about how they're addressing these issues. i don't know that the public will let that happen. >> that's going to be very tough. >> the journalists aren't going to let that happen and it doesn't look like congress will let that happen. >> john, the scope of this recall is alarming. you have over 6.3 million vehicles. it's more in the last four years combined, specifically for gm. i believe when a few years ago, you and i were on the hill trying to track down folks regarding the toyota recall that had gotten a lot of congressional attention. let's go back to that point we talked about earlier. aside from having these public hearings where you do the perp walk. everybody goes before the committee and takes their beating. the amount t

jackson, do you actually own inventory of gm cars that may have fallen in value? hat sort of value is it? and when you say that feinberg has got the job and you want him to do well for everyone involved, would you seek compensation from mary barra and from gm for the capital loss that you've suffered on the inventory that you have? >> so, we had about 100 of these vehicles in stock at the same time the recall was announced, available as pre-owned vehicles. i don't see any sign as far as an impact on the value of that inventory, but in the sense that, you know, these cars are already very depreciated. they're on the low end of the curve anyway as far as value even before this recall. now, we have pulled those vehicles from stock, and we are not going to sell them to consumers until the parts become available to repair them and then properly present them to the consumer, so that's what we're doing on our side. and i think as far as our appeal for an impact on inventory to gm or not, we will not do that. it's not simply -- in the grand scheme of what's going on, it's

gm will do the right thing.this begins with my apologies to everyone affected by the recall especially the families and friends of those who lost lives or were injured. i am deeply sorry and the men and women of general motors are deeply sorry. i've asked the former attorney to conduct a thorough investigations of the actions of general motorgeneral motors andd updates and he tells me his work is well along. he has the free reign to go regardless of outcome. the facts will be the facts. once they are in my leadership and i will do what is necessary to ensure this doesn't happen again. we will hold ourselves accountable. however i want to stress we are not waiting for his results to make changes. the top priority is to quickly identify and resolve any and all product safety issues. issues. he's not taking on this task alone very and i stand with him, my senior management team stands with him and we welcome input from outside gm from you, from our customers come our dealers an, our dealers andour current r employe

take a listen. >> 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. >> now, she also talked about the importance of customer safety and this was a point she was hammered on a number of times by the members of congress during the panel. take a listen to her on customer safety as well. >> it latest roundel recalls demonstrates just how serious we are about the way we want to do things at today's gm. we've identified these issues and brought them forward and we're fixing them. i have asked our team to keep stressing the system at gm and work with one thing in mind, the customer and their safety are at the center of everything we do. >> so melissa, clearly a couple of lessons from scandal management 101. typically you see companies in this circumstance site on on going investigation as a reason why they can't answer questions. that's what we saw mary barra doing here today. she

in fact i think it is likely inappropriate gm will face persecution based on its evidence and i think the more that you can do as a leader of gm to come forward and do the right thing now that better it will be for the future of the company so i hope to continue to work with you and i hope that you will review the legislation that offered because going forward if can make a difference. >> thank you madam chair. as i understand at this point, nobody in gm has been fired as a result of the issue that comes before us today on the switch and obviously this long pattern of having information not providing the disclosure in a recall to the public is that true nobody has been fired? >> i think it's important to do a complete investigation that we will take the appropriate action. but yes that is true. >> one thing you have hired him to conduct is an internal investigation, and i assume gm is paying him, correct? >> correct. >> i'm aware of his qualifications and certainly i think that he is a very qualified individual. however it seems to me how will you guarantee that basically all of the individuals or maybe not a

gm. what do you make of that? it was not a good day, not for the new ceo mary barra or gm, we had nhtsa come up afterwards, we're just as frustrated with nhtsa and their oversight, as we are to gm, there is another leg to this stool that is delphi, they were the actual producer of this product, how did they decide not to change the part number. neil: they claimed -- they try to everyone else throws them under the bus. and escape blame, delphi said we warned you about this, they did nothing about this, what is your sense whatever happened here? >> i think there are two levels, one is gm, what did gm know, when did they know it? and den years get -- 10 years getting into before they had a recall, i talked to them specifically about 2006, 2007, 2008. what was the financial health of gm at the time, they were so unhealthy they were bailed out by the taxpayers but is that why they did not do recall, because they could not live through one at that . neil: or do you think they hid it to get the bailout? anything that you

gm did put out this response last week. >> that it took 10 years means we have work to do. we hired a former u.s. district attorney to lead the process to investigate so we get every lesson learned. >> reporter: today's hearing begins at 2:00 p.m. martha: with this latest recall, gm called back 5 million vehicles in the last couple months. each for a variety of different problems. this latest recall linked to faulty power steering systems. 500,000 vehicles were recalled due to potential oil leaks. and then others were called back because of a faulty axle shaft. bill: we'll speak with tim murphy, the chairman of the house committee holding the hearing today. martha: as the clock struck midnight open enrollment for obamacare technically over. the government reportedly hit their mark of 7 million. stuart varney, you said you watch they will find a way to say they hit the 7 million number. >> yesterday at this time there was a full court press to show obamacare has been a success. vice president biden, yea carney, they were all out there spinning the success of obamacare. unfortunately just as all thi

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 gmn 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 have been. that happens to be, unfortunately, a pattern here. i noted it when i was attorney general of the state of connecticut as an enforcer there. safety has to be much more aggressively enforced by nhtsa, the national highway traffic safety administration, all the watch dogs, and part of the effect and purpose of the bill i introduced is to make that agency more accountable. >> legally, given your backgrou

the ceo, mary barra insisted that the new gm was going to do the right thing. lawmakers weren't necessarily buying it. >> this committee will come to order. >> confronted mary barra, about why gm didn't start earlier. >> we didn't know how many people crashed because of this coverup. we know that many people died. >> swept the defect under the rug for more than a decade. ignition switches can sunlt turn off and leaving the vehicles without steering brakes air bags. >> we know this switch one that would have worked was the difference between life and death. and do you know the other difference? the other thing that we now know? that it would only cost $2 to repair. >> senators challenged general motors suggesting they put profits over people, deciding it was more cost effective to settle lawsuits than fix the part on millions of vehicles. >> do you know if gm ever used this kind of course benefit analysis in its history? >> there were documents shared with me yesterday that if they were true if we go through the entire time line that it was completely -- >> i did

this going to affect the gm brand. >> well, i was thinking about the toyota recalls and the ford bronco recalls, and the fact is that everybody bounces back after these before you do the right thing. it involves two steps. one is taking action, and gm has appointed a safety director, and i was surprised they didn't have one of those, and kenneth weinberg has been hired to handle the claims from the families. and they have seemed to be dealing with the recalls, there are 6 and a quarter them. but mary baraa met with 22 family members of those who died in general motors cars and those who died. but there hasn't been this real come forward and tell us what's wrong with your company, and until that happens, nobody is going to feel good about it. >> there are problems not just with the brand, but the company itself. and when i think of the other list of problems like toyota and ford, how does this one compare? >> it's big. 6 and a quarter million cars. it's not the biggest. of the toyota was bigger and there were bigger ones, but it's big. gm is a big company. and when you measure the cost of fixing this, it's not going to cripple general motors, the legal costs will n

. >> our daughters, sons are gone because they were a cost of doing business gm style. >> laura christianson's6-year-old daughter died in this 2005 crash in maryland involving a chevy cobalt. 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 mary barra 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 c

today's gm will do the right thing. this begins with my sincere apologies to everyone who has been affected at this recall. especially to the families and friends of those who lost lives or were injured. i am deeply sorry and the men and women of general motors are deeply sorry. i have asked former u.s. attorney anton belugas to perform an investigation of the actions of general motors and received updates from him and he tells me his work is -- he has the free reign to go where the effects take them regardless of the outcome. the facts will be the facts. once they are in my leadership team and i will do what's necessary to assure this does not happen again. we will hold ourselves accountable. however i want to stress we are not waiting for his results to make changes. i have named the new vice president of global vehicle safety which is a first for general motors. just buyer's top parties to a quickly identify and resolve any and all product safety issues. he is not taking on this task alone. i stand with him. my senio

today's gm will do the right thing. >> jon: today's gm is not a shirker. [ laughter ] and in fact, they hired a lawyer that specializes in cases where victims are compensated so they probably have a great plan to make this right. >> are you saying that the hiring of mr. feinberg indicates that gm will give some kind of settlement? >> it will take probably 30-60 days to evaluate the situation. we've not made any decisions. we've just started this process with mr. feinberg. >> and that might include people who have been injured as well. >> we've not made any decisions. >> jon: we don't know what he will say. maybe our lawyer will recommend we dangle money in front of people and not give them anymore or maybe the families owe us money. we have to wait and see. this is up to now the pleasant cruise of a story encounters a problem and careens into a ditch. why would gm have the ability to in any way wait and see how they feel about settling the cases with the clearly wronged families? how are they not auto matticly liable for damages? >> under the terms of the emergence from federal bankrupt

style. >> today's gm will do the right thing.e injured. >> three, two, one -- >> and it's -- ♪ >> how many of those who have signed up have actually paid? >> we don't have those figures. when we do, we'll get them to you. >> the women were being ignored. we were on the home front. and that war wouldn't have been won without us. ♪ ♪ you wear a different shade ♪ before you say another word >> and of course, we want to remind you about a special online feature. it's the best of the week on "world news now." >> it's called "in case you missed it" and all you have to do is logon to our facebook page, wwnfans.com. >> i haven't been on an "in case you missed it" for three months. i'm excited about it. >> first full week back, how are you holding up? >> i'm excited it is the weekend, i'm going to sleep all weekend long, if my kids let me. it's been long and tiring, but i'm always excited. >> are you getting any sleep at all? >> absolutely none. >> oh, my gosh. i don't know how you'll do if. >> i'll survive. >> how is the little guy doing