Attorney Ken Feinberg On Claims Against GM

Senator Ed Markey (D-MA) holds up a GM ignition assembly during a hearing of the Senate Commerce, Science and Transportation Committee's Consumer Protection, Product Safety, and Insurance Subcommittee on Capitol Hill July 17, 2014 in Washington, D.C.   - BRENDAN SMIALOWSKI/AFP/Getty Images

Senator Ed Markey (D-MA) holds up a GM ignition assembly during a hearing of the Senate Commerce, Science and Transportation Committee's Consumer Protection, Product Safety, and Insurance Subcommittee on Capitol Hill July 17, 2014 in Washington, D.C.

BRENDAN SMIALOWSKI/AFP/Getty Images

Attorney Ken Feinberg On Claims Against GM

Death and personal injury claims related to faulty ignition switches in 2.6 million General Motors cars can be filed starting Friday. We talk with Ken Feinberg, who led victim compensation efforts after 9/11, on the claims against GM.

CEO Mary Barra says GM is committed to doing the right thing for the families of people killed and those injured because of faulty ignition switches. Defective switches were installed in approximately 2.6 million cars. GM has hired mediator and attorney Ken Feinberg to evaluate claims and make compensation offers. The individual pay-outs will likely range from a few thousand dollars into the millions. Ken Feinberg, who previously lead the 9/11 victim compensation fund and several other high profile compensation efforts, joins Diane to talk about how he’ll be evaluating claims against GM and what families with losses can expect.

Guests

Kenneth Feinberg

independent administrator, GM's victim compensation plan

former special master, U.S. Government's September 11th Victim Compensation Fund

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