The Rich Are Different from You and Me 0
. . . and they have a card that proves it.
So even though the settlement itself blames individuals for the problems at GM, there will be no trials or jail time for those who knowingly concealed information from the government about the deadly ignition switches for years. While the settlement celebrates GM for “terminating” the wrongdoers, in reality the guilty profited during a decade of delaying the recall, then left the company with golden parachutes.
U.S. Attorney Preet Bharara said that his hands were tied because, unlike other industries, the auto industry is not breaking any law by putting a potentially deadly product (GM’s faulty ignition switches–ed.) on the market.