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Friday, July 25, 2014

WLCI Reviews General Motors Pay Off



This could be one of the largest bail - out in corporate history !


General Motors- the automotive giant may be paying up as much as $ 400 Million as damages for the 'Ignition Switch Victims'. It is a compensation program for the defective ignition switch that resulted in dozens of crashes and 13 deaths.

GM reportedly was aware of the ignition switch issue for years before issuing a mass recall earlier this year.

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