Sooo...What can we expect from GM?

[Number 3]

OP, just because someone says something you don't like or don't choose to believe doesn't make it a lie. What lie do you believe she told? That she didn't Know earlier? It's possible but tough to prove. And if you trust the outside investigator (not much choice) he suggested Wagoner "may" have known because he opened an email on March 9, 2005 with an attached powerpoint on the topic.

As for the use of bankruptcy as a shield? That was determined in a court of law. You may not like it, you may be one of the those that believes the courts in America are there for simply doling out checks. But GM is a publicly held company and you find one of those that will say, "I know our liability is limited, but lets give out even more money". Not likely to happen. Sets a huge precedent for getting sued for more and more often. Sorry but it's the way the bankruptcy played out. Me I'm tired of Congressmen and women who's 1st or 2nd question is "how are you going to pay the victims?". Not the point. The point is how it happened, how it wasn't noticed by the NHTSA and how it didn't come up in discovery on the previous lawsuits. 10 ways to Sunday this should have been identified both inside and outside..............and it wasn't. Even the TREAD ACT that resulted from the Ford Firestone debacle didn't catch this and that's exactly what it was set up to do.

Yes this is a big black eye for GM and people heads and careers are being devastated. I am hearing horror stories about the impacts that aren't being publicized. And no that doesn't make up for the lost lives.

But what you can expect from GM is now hyper sensitivity to this. You will see more and more recalls and bulletins to ensure the vehicles are properly repaired. You won't see it publicly, but you will also see a hyper sensitivity to the impacts of cost reduction and cost control. The down side is you will likely see a company less likely to innovate and stretch due to risk aversion. I hope that isn't the case.