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<blockquote data-quote="snowflake" data-source="post: 163977" data-attributes="member: 152">From the articleIronically, while GM already has acknowledged a link between the faulty ignition switch and 12 deaths and 31 crashes, the car manufacturer may never have to pay a dime in damages to any victims and their families. That's because of a glaring loophole in the federal bankruptcy law.<ul>
<li data-xf-list-type="ul"><a href="http://www.thefiscaltimes.com/Articles/2014/03/20/How-Watchdog-Blew-Lid-GM-Recall-Scandal" target="_blank">The Fiscal Times: How a Watchdog Blew the Lid off the GM Recall Scandal</a></li>
</ul>GM has told federal regulators that it was alerted to problems with the ignition switch as early as 2001. Twice the automaker told the National Highway Transportation Safety Administration that it had explored corrections to the switch in 2004 and 2005 but didn’t follow through.Ok, you don't have to pay, I also don't have to buy a GM. Not that I was a big fan of modern GM's anyway</blockquote>

[QUOTE="snowflake, post: 163977, member: 152"] From the article Ironically, while GM already has acknowledged a link between the faulty ignition switch and 12 deaths and 31 crashes, the car manufacturer may never have to pay a dime in damages to any victims and their families. That's because of a glaring loophole in the federal bankruptcy law. [LIST] [*][URL='http://www.thefiscaltimes.com/Articles/2014/03/20/How-Watchdog-Blew-Lid-GM-Recall-Scandal']The Fiscal Times: How a Watchdog Blew the Lid off the GM Recall Scandal[/URL] [/LIST] GM has told federal regulators that it was alerted to problems with the ignition switch as early as 2001. Twice the automaker told the National Highway Transportation Safety Administration that it had explored corrections to the switch in 2004 and 2005 but didn’t follow through. Ok, you don't have to pay, I also don't have to buy a GM. Not that I was a big fan of modern GM's anyway [/QUOTE]

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