So What Did We Get with the GM Bailout?

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So What Did We Get with the GM Bailout?

Post  News Hawk on Sat May 23, 2015 6:26 pm

. G.M. Inquiry Said to Find Criminal Wrongdoing


Justice Department investigators have identified criminal wrongdoing in General Motors’ failure to disclose a defect tied to at least 104 deaths, and are negotiating what is expected to be a record penalty, according to people briefed on the inquiry. A settlement could be reached as soon as this summer.

The final number is still being negotiated, but it is expected to eclipse the $1.2 billion paid last year by Toyota for concealing unintended acceleration problems in its vehicles, said the people, who did not want to be identified because the negotiations weren’t complete.
New York Times

Taxpayers got the opportunity to support criminals and their lawyers...

Thanks, Obama

No

.

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