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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 This material may not be published, broadcast, rewritten or redistributed.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 72 218 10,440
MORTGAGES 91 293 13,620
FORECLOSURE NOTICES 3 46 2,690
BUILDING PERMITS 0 393 24,700
BANKRUPTCIES 62 184 10,076
BUSINESS LICENSES 25 62 3,798
UTILITY CONNECTIONS 90 338 14,895
MARRIAGE LICENSES 10 68 3,235

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