GM Compensation Tally Shows It Chose To Pay Victims It Technically Did Not Have To

As General Motors publicly expressed remorse over its decade-long failure to disclose defective ignition switches, it successfully fought to retain its protection from any lawsuits for crashes that occurred before its 2009 bankruptcy.

Instead, G.M. offered compensation to those victims on its own terms, with a fund run by the lawyer Kenneth R. Feinberg and limited to 2.6 million small cars that were recalled in early 2014.

Now the scope of that toll has become clearer: More than 100, or nearly one-third, of the switch-related death and injury claims approved by Mr. Feinberg were for accidents that happened before the company’s bankruptcy filing. The data was included in the final status report on the G.M. compensation fund issued early Thursday by Mr. Feinberg.
 

skytop - 12/15/2015 7:43:34 PM

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It's all tax deductible as a business expense so YOU are helping to pay for GM's mess.