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Jun 17, 2014
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the old gm was highbrow, bureaucratic, and guess what it's starting to look like the same thing is true in the new gm. can this company with this high-bound culture -- can it change. there are insiders who have changed cultures. mickael gorbachev comes to mind for for instance. but insiders usually don't know how to change the place. mary bair can.
the old gm was highbrow, bureaucratic, and guess what it's starting to look like the same thing is true in the new gm. can this company with this high-bound culture -- can it change. there are insiders who have changed cultures. mickael gorbachev comes to mind for for instance. but insiders usually don't know how to change the place. mary bair can.
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the company maintaining, hey, it is old gm's fault, not the new gm's fault. all of us will continue covering this gm story. david: we'll be watching in fact. going to be watching right now. gerri, thank you very much. see you all tomorrow. gerri: thanks, guys. also coming on today's show. home health care workers. some are damaging background checks and could have criminal records. we'll investigate this dangerous loophole. >>> also football legend dan marino joins a concussion lawsuit against the nfl. we'll have the latest on the case. >>> new way to stop the airlines from losing your luggage. it may also stop thieves. >>> and, we begin tonight with shocking revelations about the general motors recall. a new report says that at least 74 people have been killed in crashes related to the faulty ignition switches. now, that number is higher, much higher than the 13 deaths gm already acknowledged. joining me now to help make sense of this information, car coach, lauren fix. and attorney bob hilyard, who represents families of some of these crash victims. lauren,
the company maintaining, hey, it is old gm's fault, not the new gm's fault. all of us will continue covering this gm story. david: we'll be watching in fact. going to be watching right now. gerri, thank you very much. see you all tomorrow. gerri: thanks, guys. also coming on today's show. home health care workers. some are damaging background checks and could have criminal records. we'll investigate this dangerous loophole. >>> also football legend dan marino joins a concussion lawsuit...
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Jun 18, 2014
06/14
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>> they say it's old gm, new gm. that's the line drawn in the sand.day she said we're going to have a victims compensation fund millions of dollars given out. but don't sue us, because then you're not going to get any money. that's the implication of what she said today. >> probably shouldn't have killed those people. thank you. >> you're welcome. >> see you this afternoon. >> that's right. we'll have more. >>> i've caught a cold. it's unfortunate. >> i'm sorry. >> thank you. iraq's leader says the deadly i.s.i.s. offensive there has united his country. you know what? that's just not true. it's nuri al maliki. because as a news organization i can report to you fox nuss can't confirm iraq is not united and on that matter maliki is either lying or horribly, horribly mistaken. but he says the government is striking back but the terror group is reportedly moving closer to baghdad. latest on the ground, baghdad the war in baghdad and it's back for all us lucky americans. woman: everyone in the nicu -- all the nurses wanted to watch him when he was there 11
>> they say it's old gm, new gm. that's the line drawn in the sand.day she said we're going to have a victims compensation fund millions of dollars given out. but don't sue us, because then you're not going to get any money. that's the implication of what she said today. >> probably shouldn't have killed those people. thank you. >> you're welcome. >> see you this afternoon. >> that's right. we'll have more. >>> i've caught a cold. it's unfortunate....
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Jun 16, 2014
06/14
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ALJAZAM
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the old gm was highbrow, bureaucratic, and guess what it's starting to look like the same thing is truew gm. can this company with this high-bound culture -- can it change. there are insiders who have changed cultures. mickael gorbachev comes to mind for for instance. but insiders usually don't know how to change the place. mary bair -- berra says she can. >> i'm assuming this time around in testifying, she is going to have some information to give to congress that is at least going to allow the american public to pass some judgment. >> i think that's true. the lucas report came out -- >> that's the lawyer that gm hired to investigate this -- >> that's right. and it laid out the series of problems and steps that were taken -- or not taken i should say. the last time she was in congress she kept saying over and over, i can't talk about this before the report comes out. >> that's right. >> this time, however, the report is out. it's 300-plus pages long. she has read every page, and she will have to answer, and i'm sure all of the answers will be aligned with this report. >> there are two
the old gm was highbrow, bureaucratic, and guess what it's starting to look like the same thing is truew gm. can this company with this high-bound culture -- can it change. there are insiders who have changed cultures. mickael gorbachev comes to mind for for instance. but insiders usually don't know how to change the place. mary bair -- berra says she can. >> i'm assuming this time around in testifying, she is going to have some information to give to congress that is at least going to...
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Jun 19, 2014
06/14
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buyer has been with gm. >> yes. >> so you both worked for the old gm. can you tell me what is going to be different in the new gm even though everybody in the inspectors congressmen butterfield talked about our gm. you need a culture change and not just verbiage. >> i completely agree soaping the actions we are taking but i can tell you the men and women of general motors the vast majority come to work everyday and they want to do a good job. they heard me talk about this report. they are as deeply troubled assignment they are taking action and we are creating a culture. i have evidence of it every day where employees are coming for it. they want to do the right thing. they want to produce high-quality safe vehicles. >> i am vehicles. >> i move a minute and i agree that needs to continue but i also know that oh don't talk about that, just do your job. that is what has gotten jammed into this position. your compensation of victims and recognizing that moment of money can replace a loved one or can compensate for someone who is terribly injured. how would
buyer has been with gm. >> yes. >> so you both worked for the old gm. can you tell me what is going to be different in the new gm even though everybody in the inspectors congressmen butterfield talked about our gm. you need a culture change and not just verbiage. >> i completely agree soaping the actions we are taking but i can tell you the men and women of general motors the vast majority come to work everyday and they want to do a good job. they heard me talk about this...
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Jun 18, 2014
06/14
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>> yes, he's -- >> so you all both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody and the 40 inspectors that congressman butterfield are gm. you need a culture change and not just verbiage. >> i completely agree with you so it will be the actions we're taking. but i can also tell you the men and women of general motors, the vast majority come to work and want to do a good job. they heard me talk about this report. they are as deeply troubled as i am. they are taking action. we're creating a culture. i have evidence every day where employees are coming forward. they want to do the right thing. they want to provide high-quality safety. >> i only have a minute. and i agree that needs to continue. i also know how it works on the shop floor, oh, don't talk about that, just do your job. that's what got gm into this position. your company set up a compensation fund for victims. and recognizing that no amount of money can replace a loved one or can compensate for someone who is injured. how w
>> yes, he's -- >> so you all both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody and the 40 inspectors that congressman butterfield are gm. you need a culture change and not just verbiage. >> i completely agree with you so it will be the actions we're taking. but i can also tell you the men and women of general motors, the vast majority come to work and want to do a good job. they heard me talk about this report. they...
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Jun 19, 2014
06/14
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>> yes, he's -- >> so you all both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody and the 40 inspectors that congressman butterfield are gm. you need a culture change and not just verbiage. >> i completely agree with you so it will be the actions we're taking. but i can also tell you the men and women of general motors, the vast majority come to work and want to do a good job. they heard me talk about this report. they are as deeply troubled as i am. they are taking action. we're creating a culture. i have evidence every day where employees are coming forward. they want to do the right thing. they want to provide high-quality safety. >> i only have a minute. and i agree that needs to continue. i also know how it works on the shop floor, oh, don't talk about that, just do your job. that's what got gm into this position. your company set up a compensation fund for victims. and recognizing that no amount of money can replace a loved one or can compensate for someone who is injured. how w
>> yes, he's -- >> so you all both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody and the 40 inspectors that congressman butterfield are gm. you need a culture change and not just verbiage. >> i completely agree with you so it will be the actions we're taking. but i can also tell you the men and women of general motors, the vast majority come to work and want to do a good job. they heard me talk about this report. they...
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Jun 19, 2014
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>> yes. >> you both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody and the 40 inspectors that connors and butterfield talks abdomen. >> i agree with you. it will be the actions we take. the men and women or general motors, the vast majority come to work and want to do a good job. they heard me talk about the report. they are as deeply troubled as i am. they are taking action. we are create agriculture. i have evidence of it. employees want to do the right thing and produce high quality, safe vehicles. >> i only have a minute. that needs to continue because, i also know how it works on the shop floor. oh, don't talk about that, just do your job. that's what's got gm into this position. you company set up a compensation fund for victims this fall. in recognizing that no amount of money can replace a lovered one or compensate for someone who is terribly injured, how will that fund be. have you announced a total for that? >> we haven't. it's run by ken fineberg who is an ex
>> yes. >> you both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody and the 40 inspectors that connors and butterfield talks abdomen. >> i agree with you. it will be the actions we take. the men and women or general motors, the vast majority come to work and want to do a good job. they heard me talk about the report. they are as deeply troubled as i am. they are taking action. we are create agriculture. i have evidence...
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Jun 30, 2014
06/14
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these ignition switch problems occurred under the old gm, the one that went bankrupt an the one federalovernment used to own. any money that ken feinberg distributes by gm now is because gm thinks it is a good business decision to do so. not because it is trying to avoid litigation because no court could order it to do so. so, is a life worth a million dollars? the measurement of a human life in a courtroom is the financial loss to the survivors, not the emotional loss, the financial loss. so you can't say every life lost because of the faulty ignition switch is worth a million dollars. some will be worth a lot more. some sadly will be worth a lot less. melissa: does it make sense to join in if you were one of the vix timms. >> yes, it absolutely does. there is no other practical way for you as an heir or if you're injured, you as the injured plaintiff to be compensated other than by out of the business judgment or big heart, if you will, of general motors because no court is going to hear your complaint. melissa: absolutely. catch the rest of neil's interview with ken feinberg, 9:00 p.
these ignition switch problems occurred under the old gm, the one that went bankrupt an the one federalovernment used to own. any money that ken feinberg distributes by gm now is because gm thinks it is a good business decision to do so. not because it is trying to avoid litigation because no court could order it to do so. so, is a life worth a million dollars? the measurement of a human life in a courtroom is the financial loss to the survivors, not the emotional loss, the financial loss. so...
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Jun 5, 2014
06/14
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and if this was under the old gm, and they were actually at fault, and there was proof of this, and this is something that will require, again, reading through the report, i would definitely try to lift the bankruptcy and try to get as much money as possible for my client. any good attorney would do that. and even though they have a fund they're setting up, you have to look at the details. what the big print gives, the small print takes away. it's possible if you sign on to this fund, you may release your rights in order to go back and sue them again in the future, if more information is disclosed. >> david, you heard lauren talk about the old gm. the new gm is heavily invested in by the american taxpayer. basically every american has an interest in what happens here. is there any sort of factor that plays into the fact that gm was in local parentheses of the taxpayers of the united states? does that factor into the story at all? >> it did not factor in as far as the senior management didn't know about the problem, didn't deal with it seriously because they didn't get reports. certainly
and if this was under the old gm, and they were actually at fault, and there was proof of this, and this is something that will require, again, reading through the report, i would definitely try to lift the bankruptcy and try to get as much money as possible for my client. any good attorney would do that. and even though they have a fund they're setting up, you have to look at the details. what the big print gives, the small print takes away. it's possible if you sign on to this fund, you may...
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Jun 19, 2014
06/14
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the old gm was the pre-bankruptcy, pre-restructuring gm. in her last appearance on the hill, she talked about the old gm being more cost conscious and less focused on the customer and she tried to contrast that with the new gm. at that time, she had to deflect many questions. that frustrated lawmakers. she kept referring to the valuk as reports because they were not -- the facts were not in from those reports. frame andless of that more focus on things that were in the report and more importantly, the steps she is cultureo shed the old from the new gm. host: is congress doing its own investigation? guest: they are. they're looking at that. it has more of a focus on nhtsa as well. they are doing their own investigation. the valukas investigation is done. what they found tracks what mr. valukas found so far. >> c-span covered that g.m. hearing yesterday. you'll find it at c-span.org. back live to capitol hill. we're waiting to hear from house speaker john boehner. about an half an hour before the house gavels in for legislative work. and he's
the old gm was the pre-bankruptcy, pre-restructuring gm. in her last appearance on the hill, she talked about the old gm being more cost conscious and less focused on the customer and she tried to contrast that with the new gm. at that time, she had to deflect many questions. that frustrated lawmakers. she kept referring to the valuk as reports because they were not -- the facts were not in from those reports. frame andless of that more focus on things that were in the report and more...
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Jun 22, 2014
06/14
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you both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody, the 40 inspectors congressman butterfield talked about, are gm? you need a culture change, not just verbiage. >> it will be the actions we are taking, but i can also tell you that the men and women of general motors, the vast majority come to work every day and want to do a good job. they are as deeply troubled as i am, and they are taking action. culture -- iting a have evidence of it every day -- where employees want to produce high-quality, safe vehicles. >> i also know how it works on the shop floor. do not talk about that. just do your job. that is what got gm into this position. you set up compensation for notims, recognizing that amount of money can replace a loved one, can compensate for someone who is terribly injured. how would that fund be administered? have you announced a total for that? >> we have not announced the total. ,t is being run by ken feinberg who is known as an expert in this ar
you both worked for the old gm. can you tell me what is going to be different in the new gm, even though everybody, the 40 inspectors congressman butterfield talked about, are gm? you need a culture change, not just verbiage. >> it will be the actions we are taking, but i can also tell you that the men and women of general motors, the vast majority come to work every day and want to do a good job. they are as deeply troubled as i am, and they are taking action. culture -- iting a have...
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Jun 19, 2014
06/14
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the old gm was the pre-bankruptcy, pre-restructuring gm.ast appearance on the hill, she talked about the old gm being more cost conscious and less focused on the customer and she tried to contrast that with the new gm. at that time, she had to deflect many questions. that frustrated lawmakers. she kept referring to the valuk as reports because they were not -- the facts were not in from those reports. frame andless of that more focus on things that were in the report and more importantly, the steps she is cultureo shed the old from the new gm. host: is congress doing its own investigation? guest: they are. they're looking at that. it has more of a focus on nhtsa as well. they are doing their own investigation. the valukas investigation is done. what they found tracks what mr. valukas found so far. fletcher with the. we appreciate your time. bying up, we will be joined neil r one. -- neil irwin. soughtr americans unemployment benefits last week. the number of people collecting jobless aid fell to its lowest level in more than six years. week
the old gm was the pre-bankruptcy, pre-restructuring gm.ast appearance on the hill, she talked about the old gm being more cost conscious and less focused on the customer and she tried to contrast that with the new gm. at that time, she had to deflect many questions. that frustrated lawmakers. she kept referring to the valuk as reports because they were not -- the facts were not in from those reports. frame andless of that more focus on things that were in the report and more importantly, the...
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Jun 29, 2014
06/14
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the value of their cars and sue the new gm or if they will have to try and get their money from the old gmarkhis is happening fields takes over as ceo of ford on tuesday. it's the same day nissan starts leaf battery chargers in 10 markets. on the economics front, plenty of the usual data releases, but we also have three speeches to look forward to. the first from treasury secretary jack lu on tuesday, discussing u.s.-china relations. on wednesday, we will hear from federal reserve chaired janet ,ellin speaking at the imf followed by remarks from imf managing director herself, christine woodard. then it is jobs, jobs, jobs at the close of the week. on the june jobs report thursday, a day early thanks to the independence day holiday. economists expect 212,000 jobs were added this month. markey are right, it would the fifth straight month of more than 200,000 payroll gains. the unemployment rate shouldst 6.2%ould stay. steady at it culminates in one big birthday. rt on friday when bond and equity markets close. america turns 238 this year. we will have more right here on bloomberg television.
the value of their cars and sue the new gm or if they will have to try and get their money from the old gmarkhis is happening fields takes over as ceo of ford on tuesday. it's the same day nissan starts leaf battery chargers in 10 markets. on the economics front, plenty of the usual data releases, but we also have three speeches to look forward to. the first from treasury secretary jack lu on tuesday, discussing u.s.-china relations. on wednesday, we will hear from federal reserve chaired janet...
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Jun 27, 2014
06/14
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value of their cars consume the new gm or they will have to try to get their money from the bankrupt old gmis happening as mark fields takes over as ceo of ford on tuesday. the same day nissan starts to offer free lease battery thirdrs in 10 markets monday of the usual data releases. we also have three speeches to look forward to. on first from jack lew tuesday discussing u.s.-china relations. fromdnesday, we will hear janet yellen speaking at the imf followed by remarks from imf's managing director. atn it's jobs, jobs, jobs the close of the week. we get the june jobs report on thursday. economists surveyed by bloomberg expects 210,000 jobs added this month. the unemployed rate should hold steady at 6.3%. bond inequity markets will be closed for america's birthday. the u.s. is turning 238 this year. >> happy birthday, america. stay with us. another check on the market movers on the other side of the break. "bottom line " returns in just a moment. ♪ >> get the latest headlines at the top of the hour on bloomberg radio and streaming on your tablet and on bloomberg.com. that is it for this ed
value of their cars consume the new gm or they will have to try to get their money from the bankrupt old gmis happening as mark fields takes over as ceo of ford on tuesday. the same day nissan starts to offer free lease battery thirdrs in 10 markets monday of the usual data releases. we also have three speeches to look forward to. on first from jack lew tuesday discussing u.s.-china relations. fromdnesday, we will hear janet yellen speaking at the imf followed by remarks from imf's managing...
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the company maintaining, hey, it is old gm's fault, not the new gm's fault.ring this gm story. david: we'll be watching in fact. going to be watching right now. gerri, thank you very much. see you all tomorrow. gerri: thanks, guys.
the company maintaining, hey, it is old gm's fault, not the new gm's fault.ring this gm story. david: we'll be watching in fact. going to be watching right now. gerri, thank you very much. see you all tomorrow. gerri: thanks, guys.
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Jun 5, 2014
06/14
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technically, under bankruptcy law, the new gm is not liable for the sins of the old gm and they are notection. we're going to see if these go to court or what fine better doles out. >>> a delicate dance. how the leader of france is trying to keep president obama and vladimir happy when they are not going to see each other. from separate dinners to meetings, will it work? we asked people a question, how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going to have to rethink this thing. it's hard to imagine how much we'll need for a retirement that could last 30 years or more. so maybe we need to approach things differently, if we want to be ready for a longer retirement. ♪ if we want to be ready for a longer retirement. ♪ ♪ abe! get in! punch it! let quicken loans help you save your money. with a mortgage that's engineered to amaze! thanks, g. and that's epic, bro, we've forgotten just how good good is. good is setti
technically, under bankruptcy law, the new gm is not liable for the sins of the old gm and they are notection. we're going to see if these go to court or what fine better doles out. >>> a delicate dance. how the leader of france is trying to keep president obama and vladimir happy when they are not going to see each other. from separate dinners to meetings, will it work? we asked people a question, how much money do you think you'll need when you retire? then we gave each person a...
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Jun 5, 2014
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. >> first of all it's not a news flash that old gm was a bad company. u're talking about events that took place ten years ago. having the current management held up for events that took place ten years ago, is unfair. the leading executives at gm have lost their jobs. i'm concerned about current shareholders at general motors. on balance i think the news today is negative because what you've done is opened the door for lawyers and i've never seen a time when lawyers were good for a stock. >> referring specifically to what, the victims' fund and the litigation that invites? >> absolutely. it's an unanswered question and we don't know, but the only thing we do know is that gm, unless they insulate themselves from some of the bankruptcy law, you've opened up a potential additional litigation. you could open up the potential litigation from current gm shareholders. because why should current gm pay a liability of an old company? >> can we look back at feinbe feinberg's previous projects so to speak and use those as a learning tool? i mean i'm thinking back t
. >> first of all it's not a news flash that old gm was a bad company. u're talking about events that took place ten years ago. having the current management held up for events that took place ten years ago, is unfair. the leading executives at gm have lost their jobs. i'm concerned about current shareholders at general motors. on balance i think the news today is negative because what you've done is opened the door for lawyers and i've never seen a time when lawyers were good for a...
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now that jay carney is available gm could snatch him up if they wanted to sell that old gm line.ew york writes it's funny how government motorists managed to slip out the financial response ability on not only on these debts and injury cases, but on how me thousands of bond and stockholders took a bath. nothing like having an uncle in the white house. neil from florida writes about the insider trading probe surrounding phil mickelson, which we have been covering, could the fbi issued bill a political payback for his criticism last year of obama and his high tax rate. you, good question. we love hearing from you. the meaning of. the two jerry lewis.com. coming up next fiscal bond king is struggling. we will see why the 13th straight month investors pull money out of the pimco fund. here's your consumer gauge with numbers that matter to you. check out. that's your wallets right there. we will be right back. we're moving our company to new york state. the numbers are impressive. over 400,000 new private sector jobs... making new york state nuer two in the nation in new private secto
now that jay carney is available gm could snatch him up if they wanted to sell that old gm line.ew york writes it's funny how government motorists managed to slip out the financial response ability on not only on these debts and injury cases, but on how me thousands of bond and stockholders took a bath. nothing like having an uncle in the white house. neil from florida writes about the insider trading probe surrounding phil mickelson, which we have been covering, could the fbi issued bill a...
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this is not the old gm from 20 years ago. this is a very strong company with great products. david: they have fire as many people as they have. you don't want to get in when it is at its height but you want to buy low. maybe that is what you're suggesting. thank you very much, pat tricker, mark. scout bauer we'll come back to you when the s&p futures close. >>> big move for the ecb as it cuts the deposit rate to minus .1%. it will car banks to hold money. will it help spur growth as a result? it didn't when denmark tried it but maybe it is different this time. liz: biotech getting a makeover and going virtual. fewer employees, no office space, no lab space. how does that work? venture capital firms think this is the future of the biotech industry and they're pouring billions into start ups with no labs. we'll talk to the ceo of one much these new companies next. david: you also want to spur growth in america, job growth specifically? take a page out of austin, texas's book. its unemployment rate is one of the lowest of any big cities in the united states. we're going to talk
this is not the old gm from 20 years ago. this is a very strong company with great products. david: they have fire as many people as they have. you don't want to get in when it is at its height but you want to buy low. maybe that is what you're suggesting. thank you very much, pat tricker, mark. scout bauer we'll come back to you when the s&p futures close. >>> big move for the ecb as it cuts the deposit rate to minus .1%. it will car banks to hold money. will it help spur growth...
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Jun 18, 2014
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an old gm and there were problems when executives ignore problems for other employees. if you take the side of gm, what you're saying is not that surprising. >> what is interesting and how --s ties into to they puff today's hearings, he told investigators he was reluctant to push back against safety .oncerns >> on a final note, what has gm said, if anything? kelly'swill reopen mr. complaints. they are following a cobalt issue here area that is how we got to the point where we had 20 million recalls in north america alone. >> thank you for joining us on this exclusive story. be entire bloomberg now andory online right our newsstand on friday. mary can expect a hostile audience today. our resident auto expert matt miller is on the hill today joined by the member. >> she is from the ninth district very thank you for joining us. let me first ask you about the is newsweek story we just heard about. a whistleblower in 2003 already ordered a gm executive to this issue. does that surprise you? >> not really, although anton who was hired by general motors really blamed this level
an old gm and there were problems when executives ignore problems for other employees. if you take the side of gm, what you're saying is not that surprising. >> what is interesting and how --s ties into to they puff today's hearings, he told investigators he was reluctant to push back against safety .oncerns >> on a final note, what has gm said, if anything? kelly'swill reopen mr. complaints. they are following a cobalt issue here area that is how we got to the point where we had 20...
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Jun 30, 2014
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example, a 25-year-old who is married with a couple of kids and a salary of 75,000, their compensation might be 5.1 million. and then there are scores of people who were injured in faulty gmout an example who is a 10-year-old, a paraplegic, the fund payout, in his estimation, would be about $7.8 million. so, that gives you some sense of what the fund might be paying different victims related to the ignition switch crisis. but again, that's strictly related to faulty ignition switches and this new recall, the flash you're seeing at the bottom of the screen that is not related to the ignition switches, that is all new six new recalls involved there. >> fill, just put it in some perspective for our viewers. how many cars is gm estimated to sell this year? where are we? >> yeah, i would say they are probably gonna sell about 2.6, 2.7 million, in the united states. now, worldwide, they are gonna sell close to 10 million, about 9.8 million. that's the worldwide number, but here in the u.s., going to be david. 5, way past and we are not even six months, at the six-month mark in this year. blowing past all previous records here. >> very quickly, can we quantify what impact this h
example, a 25-year-old who is married with a couple of kids and a salary of 75,000, their compensation might be 5.1 million. and then there are scores of people who were injured in faulty gmout an example who is a 10-year-old, a paraplegic, the fund payout, in his estimation, would be about $7.8 million. so, that gives you some sense of what the fund might be paying different victims related to the ignition switch crisis. but again, that's strictly related to faulty ignition switches and this...
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Jun 17, 2014
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the slot in gm's old keys will be replaced with a hole to retribute the weight. gm says it hopes to begin replacing drivers' car keys in the next few years. bigad shaban, cbs news, burbank, california. >>> newly released photos of an emotional meeting between two grieving fathers in california. peter roger on the left, his son ellot killed six people in santa barbara before killing himself. and the other is richard martinez. his son was one of the victims. the two fathers came face-to-face and even hugged. martinez said they agreed to prevent gun violence. >>> and coming up on the "morning news," a list of the most stolen suvs. plus, tracy morgan. on the mend. an update on his condition after a serious crash. this is the "cbs morning news." ♪ ♪ woooooah. ♪ [ male announcer ] you're not just looking for a house. you're looking for a place for your life to happen. zillow. you're look♪ g for a place for your life to happen. [ man ] yo buzz! drop that beat! remix! ♪ hey! must be the honey! ♪ ♪ clusters, flakes ♪ that medley crunch, crunch! go! ♪ ♪ you've got that medl
the slot in gm's old keys will be replaced with a hole to retribute the weight. gm says it hopes to begin replacing drivers' car keys in the next few years. bigad shaban, cbs news, burbank, california. >>> newly released photos of an emotional meeting between two grieving fathers in california. peter roger on the left, his son ellot killed six people in santa barbara before killing himself. and the other is richard martinez. his son was one of the victims. the two fathers came...
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Jun 10, 2014
06/14
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it is the old gm that is getting the blame. being very zero open in facing the crisis. le digits. just as the recalls were announced. gm holds its annual shareholder meeting. grieving family members will be there. all of that is unlikely to produce financial drama. money is calculating. money is going to flow to a company that sells what you want. it will be a replay. ♪ and she might have if notor kari, the identity thief who stole jill's social security number to open credit cards, destying jill's credit and her dream of retirement. every year, millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft. lifelock offers the most comprehensive identityheft protection available. if jill ha lifelock's protection, she may have bn notified before it watoo late. lifelock's credit notification service is on the job 24/7. as soon as they detect a threat to your identity within their network, they will alert you,rotecting you before t damage is done. and lifelock offers the proactive prote
it is the old gm that is getting the blame. being very zero open in facing the crisis. le digits. just as the recalls were announced. gm holds its annual shareholder meeting. grieving family members will be there. all of that is unlikely to produce financial drama. money is calculating. money is going to flow to a company that sells what you want. it will be a replay. ♪ and she might have if notor kari, the identity thief who stole jill's social security number to open credit cards, destying...
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Jun 3, 2014
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a couple of people are out there looking for a car and the old gm model with the new gm and also therensumers as a whole are moving on from it. brooke? >> alison kosik, thank you very much. before i go, stelter, stop the twitters. >> live tv. >> you were just not too long ago hitched. >> yes, three months ago. >> have you seen this picture? a lot of people put a lot into the pictures they get for weddings but there was apparently this ceremony that sort of went under water. have you heard about this? everybody wants a great dock shot. a wedding party, 20 or so people. i love this. nice job, guys. this is one hour before the ceremony. take a look. didn't know if we had sound. the screaming. just wanted to hear that. a couple of bridesmaids. >> what would your wife have done? >> the first per ferkt test for that couple. >> and then they still said "i do"? >> absolutely. >> thank you so much for watching. i'll see you back here tomorrow. in the meantime, "the lead" with jake tapper starts right now. >>> so what really happened when then private bowe bergdahl disappeared? his former team l
a couple of people are out there looking for a car and the old gm model with the new gm and also therensumers as a whole are moving on from it. brooke? >> alison kosik, thank you very much. before i go, stelter, stop the twitters. >> live tv. >> you were just not too long ago hitched. >> yes, three months ago. >> have you seen this picture? a lot of people put a lot into the pictures they get for weddings but there was apparently this ceremony that sort of went...
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Jun 5, 2014
06/14
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that is different than the old gm where you would be terrified to talk to the ceo. would have done it unless you were reporting directly to her. it is very interesting. probably an industrywide shift. they want to do recalls as quickly as they can, as many as they can get out of the way so they never have to face the kind of problems that will be costly when they administer this commission. >> ed, you're skeptical. >> i need to see the whole report and who the employees are and why they were let go. there is a lot that needs to be understood. level, the problem with this whole situation is that having employees become a bit to the safety of their customers is an entry-level cultural competency that every automaker needs. thehave automakers in 1970's and 1980's embracing this idea that -- ideas from improvement need to come from the bottom up. employees need to be able to share ideas. the fact that gm is only now rumbling on this reality is troubling. that as are they had philosophy within their company, but it was just -- as matt was pointing out -- not the way it w
that is different than the old gm where you would be terrified to talk to the ceo. would have done it unless you were reporting directly to her. it is very interesting. probably an industrywide shift. they want to do recalls as quickly as they can, as many as they can get out of the way so they never have to face the kind of problems that will be costly when they administer this commission. >> ed, you're skeptical. >> i need to see the whole report and who the employees are and why...
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Jun 3, 2014
06/14
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they have to prove the old gm, which is all about cost cutting, and new gm are vastly different.f recalls and issuing recalls before waiting for fatalities to come to them. >> zain asher reporting live from new york. thanks so much. >>> still to come in the "newsroom," the tea party trying to get back on track after a bruising round of elections but did one conservative blogger cost mississippi senate candidate chris mcdaniel a chance to head to washington? we'll talk about that next. when sales rep steve hatfield books at laquinta.com, he gets a ready for you alert the second his room is ready. so he knows exactly when he can prep for his presentation. and when steve is perfectly prepped, ya know what he brings? and that's how you'll increase market share. any questions? can i get an "a", steve? yes! three a's! amazing sales! he brings his a-game! la quinta inns and suites is ready for you, so you'll be ready for business. the ready for you alert, only at laquinta.com! la quinta! ♪ they lived. ♪ they lived. ♪ they lived. ♪ (dad) we lived... thanks to our subaru. ♪ (announcer) lo
they have to prove the old gm, which is all about cost cutting, and new gm are vastly different.f recalls and issuing recalls before waiting for fatalities to come to them. >> zain asher reporting live from new york. thanks so much. >>> still to come in the "newsroom," the tea party trying to get back on track after a bruising round of elections but did one conservative blogger cost mississippi senate candidate chris mcdaniel a chance to head to washington? we'll talk...
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Jun 4, 2014
06/14
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but it's not that the cars are crappy. >> in the consumer's mind, there is a clear bifurcation of old gmthat the cobalt? >> cobalt. >> do they sell those anymore? >> and other variants. there is a clear bifurcation in the consumer mind and they're going to give the new gm a chance and if they handle it appropriately, there will be no damage, permanent damage to general motors. >> new ceo. i'm sorry, what was your? >> we will do it after the brake because i want to give you a foot massage during the break. >> during the break. >> i'm excited. >> close my eyes. >> the viewers witnessed it yesterday. when we return, that foot massage plus much more of our exclusive lineup, plus motorola ceo and aig's steve miller. 8:00, merck's ceo. first a massage. i don't know. >> but first, we should tell you a revolution is coming to the lunchroom, everybody. steve case, he's going to talk about his latest investment to raise the bar for school meals when "squawk box" returns right after this short break. ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing
but it's not that the cars are crappy. >> in the consumer's mind, there is a clear bifurcation of old gmthat the cobalt? >> cobalt. >> do they sell those anymore? >> and other variants. there is a clear bifurcation in the consumer mind and they're going to give the new gm a chance and if they handle it appropriately, there will be no damage, permanent damage to general motors. >> new ceo. i'm sorry, what was your? >> we will do it after the brake because i...
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Jun 18, 2014
06/14
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the two gms, old and new at the top of the hour on inside story. >> i have to tell you something.have the largest world cup upset. spain defending the world cup champions moments away from losing 2-0 to ch chile. there is just seconds left in stoppage tomorrow. we go to rio de janeiro to where the match is being played. what is the atmosphere there? this is huge? >> absolutelpandemonium. everything looks red. that is the color of what is call the chil chilean red wave and chile is winning 2-0, something that no one could have expected, that the defending champion would be doing so badly. it looks like spain may be out of this tournament all together unless there is a miracle within the next five minutes. that's all the time that is left at this game. the chileans are ecstatic. also at behind me there are tens of thousand was chileans and spaniards watching the game. spaniards with a very long face. >> pardon me, lucia, it is actually over. that match is over. and talk to us about the chileans. you were just referring to it moments ago. they came to brazil with these huge numbers t
the two gms, old and new at the top of the hour on inside story. >> i have to tell you something.have the largest world cup upset. spain defending the world cup champions moments away from losing 2-0 to ch chile. there is just seconds left in stoppage tomorrow. we go to rio de janeiro to where the match is being played. what is the atmosphere there? this is huge? >> absolutelpandemonium. everything looks red. that is the color of what is call the chil chilean red wave and chile is...
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Jun 17, 2014
06/14
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the slot in gm's old keys will be replaced with a hole to reconfigure the weight of the key. hope to replace keys in the next few weeks. bigad shaban, cbs news, burbank, california. >> gm recalled 20 million vehicles in north america. of those, 6 million were recalled for ignition switch issues. >>> chp has just issued a traffic alert a few minutes ago for the peninsula northbound 101 as you work your way at peninsula. an overturned vehicle involved in the injury accident. they have shut down the two left lanes as they clear this out of the road. so we are hearing of some decent backups as a result of the accident. this is north 101 at peninsula. so give yourself a few extra minutes this morning if you plan to take 101 or 280. that will be your best bet. no delays right now on 280. so the traffic alert northbound 101 at peninsula two left lanes blocked until further notice. we'll continue to keep you updated. west 92 san mateo bridge looking good no delays so far. 880 to 101 an easy 12-minute ride this morning. the rest of the bay area bridges are starting to look like this es
the slot in gm's old keys will be replaced with a hole to reconfigure the weight of the key. hope to replace keys in the next few weeks. bigad shaban, cbs news, burbank, california. >> gm recalled 20 million vehicles in north america. of those, 6 million were recalled for ignition switch issues. >>> chp has just issued a traffic alert a few minutes ago for the peninsula northbound 101 as you work your way at peninsula. an overturned vehicle involved in the injury accident. they...
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Jun 20, 2014
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case so it was when it cannot of bankruptcy's so that sale order does not apply to the new gm car sales. with the old sales i am positive we will win that because the people who bought these cars did not know they had a claim. gm conceal the claim as a matter of due process they were required to give notice by mail that they had a claim and they did not do so neil: we will watch very closely. and we call the gm for a statement but they did not give us one hillary clinton did throat gets in trouble for the comment now president obama is a dirt rich? director first lady does not get paid and she works pretty hard. obviously we are okay. (mother vo) when i was pregnant... i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and get the right care and guidance-before and after the baby is born. simple is good right now. (anncr vo) innovations that work for you. that's health in numbers. unitedhealthcare. [ male announcer ] the mercede
case so it was when it cannot of bankruptcy's so that sale order does not apply to the new gm car sales. with the old sales i am positive we will win that because the people who bought these cars did not know they had a claim. gm conceal the claim as a matter of due process they were required to give notice by mail that they had a claim and they did not do so neil: we will watch very closely. and we call the gm for a statement but they did not give us one hillary clinton did throat gets in...
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Jun 20, 2014
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case so it was when it cannot of bankruptcy's so that sale order does not apply to the new gm car sales. with the oldi am positive we will win that because the people who bought these cars did not know they had a claim. gm conceal the claim as a matter of due process they were required to give notice by mail that they had a claim and they did not do so neil: we will watch very closely. and we call the gm for a statement but they did not give us one hillary clinton did throat gets in trouble for the comment now president obama is a dirt rich? director first lady does not get paid and she works pretty hard. obviously we are okay. [ female announcer ] we love our smartphones. and now telcos using hp big data solutions are feeling the love, too. by offering things like on-the-spot data upgrades -- an idea that reduced overcharge complaints by 98%. no matter how fast your business needs to adapt, if hp big data solutions can keep wireless customers smiling, imagine what they can do for yours. make it matter. ...i got lots of advice, but i needed information i could trust. unitedhealthcare's innovative, si
case so it was when it cannot of bankruptcy's so that sale order does not apply to the new gm car sales. with the oldi am positive we will win that because the people who bought these cars did not know they had a claim. gm conceal the claim as a matter of due process they were required to give notice by mail that they had a claim and they did not do so neil: we will watch very closely. and we call the gm for a statement but they did not give us one hillary clinton did throat gets in trouble for...
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Jun 17, 2014
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when it was over he went out with sixers center nerlins noel ton night he had dinner with gm sam hinkie the 19 year oldward averaged 17 points a game in his only year with kansas sixers the third and tenth pick in the for round of the draft but could trade up if they like what they see. hmm. we'll be right back. >> breaking news right now chopper three is live over wilmington, delaware, where a two alarm fire in a building there has led to a collapse. this is at fear 09 maryland avenue. we're told two people have been taken to the hospital. no word right now on their conditions. one person is currently unaccounted for. the cause of the fire is unclear. we'll continue to keep updated both here on tv and also at cbsphilly.com. >> the legacy of a fallen philadelphia police officer lives on through a scholarship fund in his honor. >> "eyewitness news" at the seventh annual chuck cassidy scholarship fund awards dinner tonight the children you see here of police officers were selected for scholarships. they'll be attending either saint hubert catholic high school for girls where officer cassidys daughters at
when it was over he went out with sixers center nerlins noel ton night he had dinner with gm sam hinkie the 19 year oldward averaged 17 points a game in his only year with kansas sixers the third and tenth pick in the for round of the draft but could trade up if they like what they see. hmm. we'll be right back. >> breaking news right now chopper three is live over wilmington, delaware, where a two alarm fire in a building there has led to a collapse. this is at fear 09 maryland avenue....
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Jun 30, 2014
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february 2002 gm approves the faulty ignition switch for installation. then in july 2005, 16-year-oldmber marie rose was killed. april 2006 gm engineer who approved the ignition switch authorizes delfy to redesign it, but doesn't change the part number. december 2013, in coming ceo learns ago the defective switch. the recalculater grows to 2.6 million. last month the u.s. government fined gm $35 million for failing to disclose problems more quickly. heidi more works for the guardian and joins us more for the recall. we just went through the time line and a lot has happened, but a lot is still happening right now. another recall. an additional six recalls this afternoon. when is this part of it going to end? >> we actually have no way of knowing that. but it is alarming. if you are a gm customer or consumer, you have to wonder how long gm made these defective vehicles. now it's going back to 1997. far before anyone ever suspected. >> what kind of message is this sending to consumers to keep coming out with these. >> i think they are trying to pace it. and some of these have come out on
february 2002 gm approves the faulty ignition switch for installation. then in july 2005, 16-year-oldmber marie rose was killed. april 2006 gm engineer who approved the ignition switch authorizes delfy to redesign it, but doesn't change the part number. december 2013, in coming ceo learns ago the defective switch. the recalculater grows to 2.6 million. last month the u.s. government fined gm $35 million for failing to disclose problems more quickly. heidi more works for the guardian and joins...
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Jun 26, 2014
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. >>> gm is telling dealers to shut down the sale of one model new and old. maribel aber is live at the nasdaq in time square with more. >> reporter: gm told dealers to not sell any of the 2013 and 2014 models there may be a problem with the air back in some of the vehicles. the company is working with the supplier to see which specific vehicles may have a defective part. >>> get ready to pay more for everything from broccoli to grapes. prices are expected to jump in the next 6 months. the state's farmers produce half of the fruits and vegetables and the california drought is the cause. >>> the economy shranked more than expected. mcdonald's is letting you order from your smart phone. it will let customers remember their favorite orders, the chain is testing it at 22 locations in georgia and alabama. bringing new meaning to fast food. >> happening today a job fair in south jersey specifically for military veterans taking place at the gymnasium of rowan college. that's from 9:00 a.m. to 1:00 p.m. this afternoon. >> time to turn to karen rogers to get the latest
. >>> gm is telling dealers to shut down the sale of one model new and old. maribel aber is live at the nasdaq in time square with more. >> reporter: gm told dealers to not sell any of the 2013 and 2014 models there may be a problem with the air back in some of the vehicles. the company is working with the supplier to see which specific vehicles may have a defective part. >>> get ready to pay more for everything from broccoli to grapes. prices are expected to jump in the...
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Jun 6, 2014
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gm recalled 2.5 million cars but for the families of the 13 victims it was too late. [ indiscernible ] >> reporter: 25-year-oldaughter is one of the 13 people whose death gm is linked to faulty ignition switched. she watched the gm ceo speak. >> not only did my daughter die but people died before her and i know, i know they knew at the time and they did nothing and more people died. >> reporter: the results of a new investigation by gm show that many employees knew for years that the ignition switch could switch off, tabling air bags and breaks. -- disabled air bags and breaks. >> repeatedly individuals failed to disclose creditical pieces of information. >> the ceo announce -- critical pieces of information. >> the ceo announced 15 employees dismissed and 5 others disciplined. it has been four years since she lost her daughter. she says gm still has lot to prove. >> i hope that they are genuine. i want to believe that they are. >> reporter: we reached out to the national transportation safety board they tell us they are reviewing the results of the investigation and taking a look at the reforms. reporting in
gm recalled 2.5 million cars but for the families of the 13 victims it was too late. [ indiscernible ] >> reporter: 25-year-oldaughter is one of the 13 people whose death gm is linked to faulty ignition switched. she watched the gm ceo speak. >> not only did my daughter die but people died before her and i know, i know they knew at the time and they did nothing and more people died. >> reporter: the results of a new investigation by gm show that many employees knew for years...
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Jun 7, 2014
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trial attorney representing the estate of brook melton, one of the victims of the whole gm catastrophe, 29-year-oldnd mark hood's sleuthing in junk yards allowed him to solve what had gone on here because he compared different parts that had the same number but were different in configuration. bottom line for me is that this case speaks to the power of individuals and the effect that individuals can have on our lives both for good and for bad. you remember that original headline, gm fires 15 employees over recall failures? what i would have written, the power of one. the next headline is from "the los angeles times." donald sterling to drop fight to keep clippers and allow sale to ballmer. the clippers owner you know made those racist statements about magic johnson is now saying i'll allow the sale to go forward. why wouldn't he? he bought the team for $12 million. he's about to sell the team for $2 billion. that's four times the record that was paid. the milwaukee bucks just sold for only $550 million. you know, sports economists say they can't justify, they can't rationalize. they can't explain t
trial attorney representing the estate of brook melton, one of the victims of the whole gm catastrophe, 29-year-oldnd mark hood's sleuthing in junk yards allowed him to solve what had gone on here because he compared different parts that had the same number but were different in configuration. bottom line for me is that this case speaks to the power of individuals and the effect that individuals can have on our lives both for good and for bad. you remember that original headline, gm fires 15...
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Jun 23, 2014
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with us now michael perez, whose 18-year-old sister emma was killed in a gm crash nearly nine years ago. thank you for coming on the show, michael. why are you convinced your sister's death is connected to this gm issue? >> you know, it is coming out in the reports that the problems with her cause was the cause of this interest. i really don't, can't go too far into the details as far as the connection of it. i'm not too aware of all the reports that have come out though. let's talk about your sister. 18 years old at the time she died in a 2005 saturn ion. tell us about the crash. what happened? >> i was deployed at the time. i can only tell you what i was told. i wasn't there at time of the accident. my sister, 18, in college, doing what all college kids do, having a good time with their friends, enjoying life. she went off into a canal off highway 73, her and her boyfriend had both drowned and died in this accident. at the time i got the call i was deployed. they were actually pulling the car out of the canal at that time. gerri: that must have been tough for you being far away from h
with us now michael perez, whose 18-year-old sister emma was killed in a gm crash nearly nine years ago. thank you for coming on the show, michael. why are you convinced your sister's death is connected to this gm issue? >> you know, it is coming out in the reports that the problems with her cause was the cause of this interest. i really don't, can't go too far into the details as far as the connection of it. i'm not too aware of all the reports that have come out though. let's talk about...
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gm ceo mary barra tried to turn the page on the bungled recall and chart a new course where employees put car safety first. but can a more than 100-year-oldulture be completely overhauled that quickly, and do gm's major competitors stand to benefit from all this bad press? >>> and sick of emptying your wallet every single time you fill up your car? how does 84 miles per gallon sound? we will show you a new three-wheel -- is it a car? what is that? is it a motorcycle? it could soon take the auto industry by storm. the founder and ceo of elio hoarlts joining us in a fox business exclusive. ♪ ♪ if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? well, what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. trwith secure wifie for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would
gm ceo mary barra tried to turn the page on the bungled recall and chart a new course where employees put car safety first. but can a more than 100-year-oldulture be completely overhauled that quickly, and do gm's major competitors stand to benefit from all this bad press? >>> and sick of emptying your wallet every single time you fill up your car? how does 84 miles per gallon sound? we will show you a new three-wheel -- is it a car? what is that? is it a motorcycle? it could soon take...
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Jun 14, 2014
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deep in damage control mode, building up the new gm even as questions swirl over the incompetence and mistakes of the oldne. testifying before congress is bad enough. >> general motors today finds anytime there's an incident -- >> you know, today and today. yesterday i did some things i'm accountable for. >> reporter: when that testimony is spoofed on "saturday night live." >> i am looking into knowing when i first knew about it, but i won't know the results of that knowing until i know for sure. >> reporter: it's a bona fide brand crisis. general motors barely shaking off its bailout baby government motors image, thrust into a product safety crisis of its own making. >> the pattern of incompetence and neglect. >> reporter: those words attract plaintiffs lawyers like bears to honey. gm now finds itself among the greatest hits of deadly corporate mistakes that resulted in massive settlements. toyota dolled out $1.1 billion for its runaway accelerator problem. merck paid $4.85 billion for its deadly drug vioxx. the dangerous diet pill phen/fen costs 3ds.75 billion. bp paid $7.8 billion for poisoning the gu
deep in damage control mode, building up the new gm even as questions swirl over the incompetence and mistakes of the oldne. testifying before congress is bad enough. >> general motors today finds anytime there's an incident -- >> you know, today and today. yesterday i did some things i'm accountable for. >> reporter: when that testimony is spoofed on "saturday night live." >> i am looking into knowing when i first knew about it, but i won't know the results of...
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Jun 18, 2014
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gm? >> caller: i drive an '03 tracker. it's 11 years old but i have low mileage on it. i pretty much trust gm. i have had good service from them. the thing with the ignition switches certainly set them back. it should have been -- the problem should have been remedied early on. but i pretty much trust gm. i have had good service from them. >> "new york times" writes as early as december of 2000 drivers of the chevy impala and other vehicles began lodging complaints about stalling with the national highway traffic safety administration according to federal records they have looked at. they have a list of when things happened. the first official report made to nhtsa was february 2003. that's the national highway safety administration. keith is in augusta, georgia. keith, go ahead with your comment. >> caller: yes. how are you doing today? >> fine, thanks. joo >> caller: i have a gm car. i called a gm parts store, the cadillac place. they said they don't have the part in. my concern is if it's safe to drive the car. >> caller: have you expressed the concern to your deal? >>
gm? >> caller: i drive an '03 tracker. it's 11 years old but i have low mileage on it. i pretty much trust gm. i have had good service from them. the thing with the ignition switches certainly set them back. it should have been -- the problem should have been remedied early on. but i pretty much trust gm. i have had good service from them. >> "new york times" writes as early as december of 2000 drivers of the chevy impala and other vehicles began lodging complaints about...
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Jun 30, 2014
06/14
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WHYY
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the birth mother of a 16-year-old killed in a 2005 chevy cobalt says she'll likely pass on the payoff and instead sue gm for punitive damage that's will be costlier for the automaker. >> if dollars and cents is what they're focused on before and maybe focused on again in the future, you know, that will send a message environmenter to do this again to anyone else. >> gm says the fund shows it's taking responsibility for at least 13 deaths linked with faulty ignition switches. but attorneys suing gm say it doesn't go far enough. >> you have a significant punitive component here. in other words, not only is gm at fault for what happened with these victims, but there could be punitive damages awarded because of the egregious nature of their conduct. >> the gm victim fund will start processing claims on august 1st and by the end of the year, general motors is hoping the fund will resolve 90%st cases involving people who were killed or injured in defective gm cars. >> phil, i mean this is a -- could be a quagmire. but if anybody can do it, it's ken fineberg. he made a whole career of dealing with the heshg le
the birth mother of a 16-year-old killed in a 2005 chevy cobalt says she'll likely pass on the payoff and instead sue gm for punitive damage that's will be costlier for the automaker. >> if dollars and cents is what they're focused on before and maybe focused on again in the future, you know, that will send a message environmenter to do this again to anyone else. >> gm says the fund shows it's taking responsibility for at least 13 deaths linked with faulty ignition switches. but...
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Jun 16, 2014
06/14
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ALJAZAM
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bankruptcy court to shield it saying today's gm is not the same cap as the one in 2009 to it's not responsible for the old g.m.'s mistakes. it's angered many families of the accident victims who feel they are trying to avoid payouts. >> in the meantime, earlier this month the company announced it will offer settlements to those who loved ones were killed or hurt. wednesday's testa moany will be an important step in the ongoing probe. the u.s. department of justice is conducting an investigation into general motors failures. >>> i talked to lauren fix, automotive expert about mary barra and the future of the industry. >> i think she's doing the right thing. you have to start by saying we are not running a kinder garden, but a business. she did not have access to the information, the ignition switch at the time, because it was being covered up. if she didn't have access, she'll do what a good business person will do, get rid of the people causing the problem. there may be more firings, there's more investigation currently in place, and more current and past employees are being questioned by investigators. i
bankruptcy court to shield it saying today's gm is not the same cap as the one in 2009 to it's not responsible for the old g.m.'s mistakes. it's angered many families of the accident victims who feel they are trying to avoid payouts. >> in the meantime, earlier this month the company announced it will offer settlements to those who loved ones were killed or hurt. wednesday's testa moany will be an important step in the ongoing probe. the u.s. department of justice is conducting an...
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Jun 24, 2014
06/14
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KYW
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gm ronnie hextall is making his mark. long time flyers scotty hartnel on his way to the columbus blue jackets, traded yesterday, for former flyer, r.j. umberger, both the 32 years oldbut this deal is more about salary relief. umberger scored 18 goals for columbus last season. >>> well, after make that trade, forum burger, hextall gave center a new contract extension worth report, and last, had career high goals in assists, came over in the trade that sent former captain mike richards to los angeles. erika, back over to you. >> we have breaking news coming up at 530:67:89 our jen bernstein is live with new details in the rittenhouse square rape case. jen? >> reporter: yes, there is new information this morning. police made arrest overnight according to sources, i'll have the details coming up after the break. >> also, this morning, a woman spooked bike a drone flying outside her apartment. what she think that pilot may have been up to. we'll be right bac (police make arrest of a rape err in rid end how squares. welcome relief to people who live in that neighborhood. >> jen bernstein joins us from the special victims aoun width those details. jen? >> reporter: good m
gm ronnie hextall is making his mark. long time flyers scotty hartnel on his way to the columbus blue jackets, traded yesterday, for former flyer, r.j. umberger, both the 32 years oldbut this deal is more about salary relief. umberger scored 18 goals for columbus last season. >>> well, after make that trade, forum burger, hextall gave center a new contract extension worth report, and last, had career high goals in assists, came over in the trade that sent former captain mike richards...
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Jun 12, 2014
06/14
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KRON
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. >>: she doesn't know where to turn her tenure old son is ready the into the sixth grade she would like him to go to gml one of the top-ranked in the city. some more than six months ago she rejected the side feeder school off due to a test score every class,--requested the and the school. >>: i can send their but it's like the poor test is my concern there when i'm looking for is a decent school. >>: garcia done her homework that is one other words rang schools in the city with a very low test scores. is no place to cover sunday was a good students and excited about learning. >>: he is an a-plus student his cortes' are an 95% and, english and language arts so he should be better than that. so she got on the waiting list and add a third school but still no room. >>: early in the morning she lined up for hours with hundreds of other parents outside of the san for cisco school district offices to find out what schools had availability. again bad news for the only option that is a visitation valley middle school. >>: i'm worried about my son's education and need him to be educated what is the policy but th
. >>: she doesn't know where to turn her tenure old son is ready the into the sixth grade she would like him to go to gml one of the top-ranked in the city. some more than six months ago she rejected the side feeder school off due to a test score every class,--requested the and the school. >>: i can send their but it's like the poor test is my concern there when i'm looking for is a decent school. >>: garcia done her homework that is one other words rang schools in the city...