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VOL. 129 | NO. 117 | Tuesday, June 17, 2014

Congress to Scrutinize GM's Corporate Culture

AP

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DENVER (AP) – U.S. Rep. Diana DeGette wants General Motors to explain how it plans to fix what's been described as a lax corporate culture and how the company plans to compensate victims of crashes tied to faulty ignition switches.

The Colorado Democrat on Monday outlined questions she'll have for new GM CEO Mary Barra during a congressional hearing Wednesday. DeGette is the ranking member of the House committee investigating GM's recall of 2.6 million small cars.

DeGette says she wants Barra to talk about a company-commissioned report that highlighted bad corporate habits, such as the "GM nod" – agreeing on a plan of action but doing nothing.

DeGette says she also wants more details about any compensation plans from GM. The automaker has hired attorney Kenneth Feinberg to implement a compensation strategy.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 54 266 12,031
MORTGAGES 111 406 15,756
FORECLOSURE NOTICES 27 107 3,130
BUILDING PERMITS 0 606 28,832
BANKRUPTCIES 73 364 11,671
BUSINESS LICENSES 17 119 4,274
UTILITY CONNECTIONS 121 549 17,732
MARRIAGE LICENSES 23 104 3,668

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