- All eyes will be on GM (NYSE:GM) testimony at its Senate hearing on Thursday, when Senators will drill the automaker to why senior execs did not recall cars containing the faulty ignition switch over a decade earlier.
- At center stage is General Counsel Mike Millikin, whose staff signed off on wrongful-death payouts dating back to 2007 involving deaths in accidents which the air bags failed to deploy.
- Defending his position ahead of the Senate subcommittee, Millikin states, "We had lawyers at GM who didn't do their jobs, didn't do what was expected of them...those lawyers are no longer with the company."
- "I intend to ask why these settlements are being kept secret and demand GM make them public," says Senator Richard Blumenthal.
From other sites
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General Motors : Used 6T60 Transmissions for GM Vehicles Now Sold Online at Top Second Hand Gearbox Websiteat 4-traders.com (Tue, 3:54PM)
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