So you are OK with tens of thousands of families suddenly losing their livelihood, future investments, deeper depression for the nation, untold suffering, etc......just to teach a lesson to a few execs?
It's going to happen anyway when the Federal Government defaults on its debt.
The unfolding horror of the ignition switch crisis is a bitter pill for engineers and GM lifers like CEO Mary Barra and global product chief Mark Reuss, who chafed under the old cost-driven culture that created so many mediocre and poor vehicles. The two engineers knew they had a chance for a fresh start for GM after bankruptcy.
“We got professional at rationalizing” why GM’s vehicles weren’t better, Reuss told me last year, months before the current crisis. “That was humiliating to us as engineers. We knew we could do better.”
He and Barra worked side by side in those days and believed they had turned the corner when Consumer Reports chief of automotive testing declared last year: “The new vehicles GM has introduced post-bankruptcy have been hits. Clearly, car people are now in charge.”...