mr. feinberg. couple of questions. in -- when they hired you to administer this compensation program, did general motors lay out any limitations on the program's scope? and if so, what were the limitations they laid out? >> the only limitation they really laid out was the limitation that only certain eligible vehicles are subject to this program. as the chair knows in bp there were limbtion limitations in m jurisdiction. in 9/11, congressman blunt and others drafted that legislation, there were limitations. the only limitation in this program that gm insisted on were that only the eligible vehicles listed on page three of the compensation protocol are eligible for consideration. >> did you suggest any classes or coverage that should be included that general motors rejected? >> no. i'm not an automotive engineer. i asked general motors what are the -- what are the vehicles. what is the definition of an eligible vehicle that could give rise to a valid claim. and this was their response, which is reflected expressly in th

mr. feinberg. when they hired you to administer this program, did general motors lay out any limitations and if so what were they the? >> the only limitation they layed out was the limitation that only certain eligible vehicles are subject to this program. as the chair knows in bp there were limitations, in 9/11 as senator blunt, then congressman blunt drafted that legislation there were limitations. the only limitation they insisted on was only the vehicles lifted on page three of the protocol are eligible for consideration. >> did you suggest classes or coverage that should be included that general motors rejected? >> no. i am not an automotive engineer. i asked jenerageneral motors wh the definition of a vehicle that could give rise to a valid claim which is reflected in the protocol. >> so, if the airbags didn't deploy but should have, and any evidence the seat belt worked as design, under the protocol the victim isn't eligible? >> the victim isn't eligible if the power was on and the airbag di

mr. feinberg. -- that. thank you, mr. feinberg. >> two weeks are left before congress takes its scheduled august recess. the house returns tuesday at noon eastern. will vote on a series of suspension bills. the senate is in session monday beginning at 2:00. they are scheduled to vote on the confirmation of three nominations. what's the house live on c-span, the senate live on c-span2 -- w atch the house live on c-span, the senate live on c-span2. several members of congress taking to twitter today. congressman mike fitzpatrick tweets -- tweet back to share your story. c-span spoke with the former astronaut buzz aldrin, who was aboard the apollo mission this "washington journal." you can watch it online at www.c-span.org or later tonight here on c-span. internetessional caucus advisory committee hosted a discussion on the impact of nsa surveillance programs on u.s. commercial interests and global credibility. former nsa general counsel stewart baker and open internet advocates were among the speakers. this is just over an h

mr. feinberg. some of these families have said they want to go to court to seek punitive damages against gm because they feel that will bring gm further to justice for covering this up, for lingering this problem for so long. why should they take what you're offering rather than -- >> they shouldn't. they shouldn't. if an individual family member wants to seek to bring general hotters to justice -- general motors to justice in their mind by seeking punitive damages, they should not come into this program. they should sue. now, i would say this about litigating against general motors: it's one thing if somebody wants to litigate to get additional monetary punishment of general motors. i'm here to compensate victims, not punish general motors. i'm here to compensate victims, innocent victims. sometimes i hear victims tell me or their family we want to litigate because it's the only way we can find out what really happened. i'd be careful about that argument. there are other, more efficient available

mr. feinberg. some of these families have said they want to go to seek punitive damages against the m. -- gm because they feel that will bring gm further to justice for covering lingering this problem for so long. why should they take your offer rather than suing? >> they shouldn't. if an individual family member wants to seek to bring general notice to justice in their mind by seeking punitive damages they should not come into this program. they should sue. now i would say this about litigating against general motors. it's one thing if somebody wants to litigate to get additional monetary punishment from general motors. .. only way we can find out what really happened. i'd be careful about that argument. there are other, more efficient available mechanisms and avenues to pursue to find out the facts about what really happened. the congress is very interested in finding out what really happened. i read in the newspaper the u.s. attorneys and the department of justice are very interested in finding

mr. feinberg, i appreciate your comments. certainly will be set up the model after 9/11 the ideas, the ones you continue to pursue, which is victims are not subject to which judge they are assigned to, that you don't have cases handled one way somewhere and one way another where. they saw it legal option if they want to take it but if you want the insurance that these cases are going to be handled in a way that has the structure, they have that from you. in that structure, as i understand it, when it comes time to a settlement, you have the ultimate authority on what that settlement would be, am i right? >> that is correct. the program is as you just pointed out entirely voluntary. nobody has to come into this program. and if they do come into the program, we will determine their eligibility, if they're eligible, the amount of compensation and only as with 9/11 as you know, only after they know what it is they will receive, how generous it is, only then do they agree to waive going to court in order to receive this money. and

mr. feinberg. some of these families have said they want to go to court to seek punitive damages against gm because they feel that will bring gm further to justice for covering this up, for lingering this problem for so long. why should they take what you're offering rather than -- >> they shouldn't. they shouldn't. if an individual family member wants to seek to bring general hotters to justice -- general motors to justice in their mind by seeking punitive damages, they should not come into this program. they should sue. now, i would say this about litigating against general motors: it's one thing if somebody wants to litigate to get additional monetary punishment of general motors. i'm here to compensate victims, not punish general motors. i'm here to compensate victims, innocent victims. sometimes i hear victims tell me or their family we want to litigate because it's the only way we can find out what really happened. i'd be careful about that argument. there are other, more efficient available

mr. feinberg due if gm was toyota? band from the usa. nobody died with the toyota bs.ta case that you mentioned. at least 33 deaths were ultimately tied to gas pedal issues dating back to 2000. and talk about not length go, wayne in texas, i'm sorry, neil, every time i try to watch you, my thoughts harken back to seeing the way you bullied and disrespected michele bachmann. it turns my stomach, i considered you a bright, reasonable nice guy, you are probably bright, but reasonable and nice you are not. after ten years of watching you, i can't stand you anymore. bye. what a vindictive thin skinned friend you are. one doesn't suit your fansly and you give me the boot. have a lovely night. we will see you tomorrow. . kennedy: it's so weird to declare a war on women when there are wars claims human lives all over the world. the hobby lobby supreme court decision launched a pr war where any supreme court justice who dares disagrees with the leftist narrative is committing femmoicide. if employer isn't coerced in birth control which should be over the count you're going to d

mr. feinberg. >> thank you very much. [inaudible conversations] [inaudible conversations] >> earlier today, rear admiral john kirby held a briefing at the pentagon on the malaysian airliner shot down over the ukraine. he said he saw strong evidence that the plane was hit by a surface-to-air missile. here is more. >> this morning secretary spoke with malaysian defense minister and offered his deepest condolences and those of all the men and women at the department of defense for all those of -- aboard the flight and those affected by this tragic -- tragedy. they've secretary reiterated the united states is prepared to assist to and they agreed the investigation must be credible, transparent, and and indeed. all parties in the vicinity of the crash site, russian, pro- russian separatists, and ukrainian must agree to an immediate ceasefire, the only way to ensure safe and unfettered access for international investigators. still collecting taxes. international investigators need to be given time and space to do their job. cle

mr. feinberg is completely independent as he administers this. i don't know this procedure if anything will be shared but it will be his sole discretion if anything a share to be chooses to do that. >> will it be his discretion alone as to whether applicants are given time to postpone their decisions until after the department of justice concludes the investigation? in other words will applicants be given a choice to wait until they know what the full story is out of the department of justice investigation? >> we have been clear what the timeline associated that claims will begin to be accepted on august 1 in the period for applications will and at the end of the year. then he will evaluating make decisions. >> but he has not as far as i'm aware definitively stated whether applicants can postpone the decision as to whether to accept the offer for the fund or bring private litigation. >> i don't know the timeframe in this process of how long a person has. i don't know the timeframe on that. that will be i think what is called out but i just don't

mr. feinberg, my daughter was going to be married next week. she was our only daughter and she died inworld trade center. we recognize that as track b. we lost both our children inthe world trade center. or on thewe recognize that as track airplanes. b. in the general motors matter, i represent a client who, 10 years ago, was driving when her boyfriend was killed and, for 10 years, she thought she was the reckless driver. it destroyed her life. we want to go track b, of course. of course. we will work with individual family members to try and develop track a or track b for eath or physical injury. then there is the third category. less serious physical njury. all we want to know under this, we do not want to be flooded with less serious physical injuries and medical records and doctors reports. the protocol builds on the virginia tech program we established and one fund boston marathon we established. we just ask a couple of questions. one, assuming you're eligible, how long were you in the hospital? hospitalization is a good surrogate for seri

mr. feinberg, that is the end of the arithmetic. the arithmetic is pretty simple because 5,000, believe it or not, is less than 1% of the total deaths in the united states over 10 years. gm put new drivers into millions of cars for decades. gerri: certainly they did but it is difficult to know. i'll tell you why it is difficult to know how many people. many of those cars are gone. they have been smashed up. they have been thrown away. they're in junkyard heeps. >> right. gerri: remains a very big question and one that possibly we may never be able to answer. >> your point is well-taken. that just means the cover-up worked. because the cover-up actively kept anyone from investigating these cars while they still existed. gerri: all right. i want to show this is, i guess you would say the smoking gun here. this is the ignition switch at issue in some accidents where people died, especially young people. you're seeing, this is what holds the ignition switch right here. you see the key. laura, i turn to you. you got tears in your eyes i

mr. feinberg to appear first.

mr. feinberg, your formula doesn't take into account extraordinary circumstances. i've heard some cases, one lady has lived for ten years with a felony conviction for reckless driving because no one knew at the time, they blamed her. nobody knew at the time it was the switch. that lady has extraordinary claim here, and we will go outside the formula and take a look at those unique characteristics. >> brown: this is a case, and i think b.p. was also, where you were hired by the company to help settle. gm, of course, has been under extreme criticism for keeping this to itself. what is your relationship with gm? what is your experience so far in terms of their cooperation? >> first of all, they've been extraordinarily cooperative. mary barra has lived up to her promise in terms of cooperating completely with me and the team that we've assembled in trying to design this program. i have no complaints whatsoever. i think the plaintiff's lawyers around the country, bob hilliard and lance cooper and elizabeth cabrese and others have been extremely cooperative. the center f

mr. feinberg's pattern is pretty well laid out.aidhen mary barra had they are wrapping up a bunch of investigations, trying to get them done by the end of the second quarter, which was yesterday, so they wanted to get those out and they did. if this keeps coming at 5 million a month, that is going to be a real problem. around,is wrapping up maybe they are putting it around the. >> when will this affect monthly sales? it has not so far. >> we will see in june -- we will see june results today. gm is down but it is in line with their pricing. they have been disciplined on pricing, and it was taken as a sign of their strength and how well they are handling this. >> when does this begin to affect the brand. has an article in the new york times this morning. when does it affect that named marquis back to sloan in the 20's. when does it affect gm? >> it seems that there are more fatalities that are caused by this kind of negligence, neglect on the part of the whole company . that is the stuff that really tarnishes them. we have seen the

mr. feinberg spoke at the national press club for just ver an hour.tional captioning institute] national able satellite corp. 2014] >> good morning, ladies and gentlemen. thank you all for coming this morning. my name is kenneth feinberg. and i have been assigned the task of designing and administering the gm ignition compensation claims resolution protocol. claims resolution protocol, the gm ignition switch compensation program. i want to spend a few minutes this morning an overview of the program, how we got where we are. secondly, i want to summarize

mr. feinberg has begun, and we'll hear from mary and michael. back to you. >> thank you very much., the biggest stock picks and best moments from the delivering alpha conference. >>> later, bringing 3-d printing to the masses, the printers on sale at select home depot stores around the country. the ceo will be live to tell us all about that. do we need 3-d printing in our lives? "squawk on the street" will be right back. five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. >> we're in a quiet period, worth time to talk about herbal life. >> bill bulldog: bulldog: oooh! mattress discounters' $197 mattress sale! television announcer: get a serta mattress, any size, for just $197 each piece when you buy the complete set. th

mr. feinberg had to say the national press club this week. she'll have it later today at 6:50 p.m. eastern. >> atlanta tonight include hillary clinton on her luck, hard choices and memoir. >> the iraqi ambassador to the u.s. if this country desperately needs more american assistance. training as because of the dire situation caused by the militant group islamic state of iraq area is hard to turn down help from neighboring countries such as iran and russia. the ambassador spoke tuesday at the carnegie endowment for international peace. [inaudible conversations] >> good morning. i am marwan muasher. alex thank you all for joining us today for this important discussion of the future of iraq and continuing conflict that we are witnessing with his economic state of iraq with his excellency, the iraqi ambassador, lukman faily. as you know, isis has been in dancing over western iraq over the past month including muscle as well as border crossings with syria and jordan. two days ago isis declared occupying iraq and syria as you know sonics take and ushering in a new era of international ji

mr. feinberg is completely independent as he administers this. i don't know of his procedure if anything will be shared but it's to his sole discretion whether he shares and what he shares. >> will it be his discretion alone whether ak can'ts are given time to expose it and after they conclude their investigation. in other words, will applicants be given the choice to make unthe they'll know what the full story is? >> i think with the fund we've been very clear that claimings will begin to be accepted on august 1st and it will end at the end of the year and then he will evaluate and make decisions. >> but he has not at least as far as i'm aware. definitively stated whether applicants can postpone the decision. i don't know the time frame in his process how long he has. i don't know the time frame on that. >> that would be his decision. >> that would be what's called out. i just don't have it in front of me. >> if it's not part of the protocol now, it would be within his discretion? >> again, i don't plan to change any part of the protocol. but th

mr. feinberg? why my daughter? what did we ever do to deserve this? validate the memory of a lost loved one. he was an angel. he was such a success. he was my pride and joy. very rarely do people want the opportunity to talk about compensation opinion gentlemen you want to have somebody listen to their tales of woe. >> with you talk about the connection and the symbolism of the money? i think, to a person, every single person who benefits from these funds would take back their loved one's life and give back all the money, but can you talk about, you know, in our system, there really isn't another way and a lot of families i know start foundations with the money. can you talk about the money as just a piece of the justice, a piece of what they get, a way to build something in tribute and honor? i think sometimes this gets boiled down to dollars and formulas but this is always about a life. >> you're absolute right about that. absolutely. the money is small solace to these people. although i must say it's the american system. >> right. >> the compensati