» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 129 | NO. 117 | Tuesday, June 17, 2014

Congress to Scrutinize GM's Corporate Culture

AP

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 86 12,712
MORTGAGES 114 114 16,584
FORECLOSURE NOTICES 4 4 3,294
BUILDING PERMITS 162 162 27,856
BANKRUPTCIES 68 68 10,558
BUSINESS LICENSES 23 23 4,227
UTILITY CONNECTIONS 112 112 16,462
MARRIAGE LICENSES 33 33 3,724

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.