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GM under fire at the Senate

  • 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.
Comments (7)
  • graham downunder
    , contributor
    Comments (164) | Send Message
     
    Blaming your lawyers ,pull the other one it plays jingle bells . GM should be forced to release their previous lawyers ,who they blame, to be able to break lawyer/client privilege . Any hiding behind it and blaming lawyer is unbelevable and looks like " sorry the dog ate my homework" . Excuses are excuses they do not belong in the Senate after all PEOPLE DIED .
    16 Jul 2014, 04:00 AM Reply Like
  • funfun
    , contributor
    Comments (3128) | Send Message
     
    "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'."

     

    WHAT? Milliken as GM General Counsel was presumably managing these inside lawyers, who reported up the line to him. Milliken should stand down immediately! What a lame excuse, blaming his low-level lawyers, while he reaps a personal fortune in pay and perks, thank you hapless GM shareholders.

     

    …funfun..
    16 Jul 2014, 07:17 AM Reply Like
  • funfun
    , contributor
    Comments (3128) | Send Message
     
    The massive cover-up perpetrated by a dirty-playing and hyper-secretive General Motors Management continues right up to Capitol Hill. The flagrant misconduct of GM's ethically crippled executives and engineers screams criminal negligence.

     

    In the meantime, Ms. Barra, GM Chieftess, and her top players are legally swaddled by one of the finest criminal defence lawyers in the country, Anton Valukas, with long and lucrative ties to GM Senior Management, including General Counsel, Mike Milliken.

     

    …funfun..
    16 Jul 2014, 07:25 AM Reply Like
  • heckler24
    , contributor
    Comments (11) | Send Message
     
    Keep it up funfun. I lover your comments.
    16 Jul 2014, 07:39 AM Reply Like
  • funfun
    , contributor
    Comments (3128) | Send Message
     
    In short, folks, Mike Milliken, Esquire, GM General Counsel, hauls down $millions in pay and perks for playing dumb and testifying dumb. Why, he's a perfect understudy to his boss, Mary Barra, in her starring role as Snow White, pure and innocent, and completely ignorant of all matters of Un-Safety in millions of lethally defective GM cars! This would all be a laughable comedy on the corporate stage but for the fact there are hundreds of GM-driven deaths and terrible injuries.

     

    …funfun..
    16 Jul 2014, 08:53 AM Reply Like
  • kenUbelievethis
    , contributor
    Comment (1) | Send Message
     
    Everyone at GM knows that Michael Milliken is a micro-managing egomaniac in the mold of his good friend Dan Ackerson (who brought him to GM). Anton Valukas, while a very talented lawyer, is bought and paid for by GM. It was amazing (during the 2nd house hearing) how Mary Barra, the CEO, referred to him on many questions regarding the functions within GM, and he had all the answers until they asked him what the function of the Chief Engineer, Doug Parks (and now the VP of Engineering and Product Development), was and he had no idea - are you kidding me? I am anxious to see if he keeps his promise to reopen the investigation if new information comes available (like the e-mails that show Parks not only new of the ignition switch problem, but also recommended a fix - how do you not recall that) - my guess is he won't because Parks is one of the chosen at GM - and really don't think I would want him to - because it is very evident where his bread is buttered!
    16 Jul 2014, 10:13 AM Reply Like
  • Capt Jack Daniels
    , contributor
    Comments (1427) | Send Message
     
    Gm knowing full well they were headed into bankruptcy had the perfect opportunity and timing to come completely clean during the reorganization process! Did they? NO they did not, instead they kept up the charade.

     

    GM knew they had problems, but they continued the old ways of deny deny deny and all is well.

     

    All is not well.

     

    Someone needs to go to jail.

     

    Right as we speak, the legislators are enacting new laws that will make what GM did more of a criminal offense punishable by real jail time. If only they would enact the laws on the books and start and stop bending the rules as in the GM reorganization in which debtors got screwed while certain protected groups got the bulk of the new company.
    16 Jul 2014, 10:31 AM Reply Like
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