CEO Mary Barra says GM is
committed to doing the right thing for the families of people killed and
those injured because of faulty ignition switches. Defective switches
were installed in approximately 2.6 million cars. GM has hired mediator
and attorney Ken Feinberg to evaluate claims and make compensation
offers. The individual pay-outs will likely range from a few thousand
dollars into the millions. Ken Feinberg, who previously lead the 9/11
victim compensation fund and several other high profile compensation
efforts, joins Diane to talk about how he’ll be evaluating claims
against GM and what families with losses can expect.
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