Of course. The best part is that the Justice Department keeps that money instead of spreading equally around to the victims of the companies negligence.
Watch now how GM uses the Bankruptcy to screw over the victims in civil litigation. That was the old GM, they are now called Motors Liquidation Co. Go sue them.
GM was fined 1 billion dollars for a known defect that directly caused deaths. Contrast that with the 18 billion dollar proposed fined for VW and Audi for emissions controls that did not meet EPAs made up numbers goal. See #AmericanLivesDontMatter and #ClimateChangeRulesEveryone.
Here’s a quote from the Chevrolet truck guy at their headquarters. It was to me back in the 80s.
“Yes, we did that. Go ahead and sue us. We’re General Motors. We’ll tie you up in court for years.”
And we wonder why they went broke.
Let’s give them some more hard-earned taxpayer money.
Where does this money go? Is it kept within the Justice Dept to go to groups for Social Justice. Why doesn’t it go to the victims? Why a big fine to VW? What a crock.
There is no situation in which I would buy or even rent a GM product. After the corrupt bankruptcy/bailout, that company is dead to me. I recently reserved a rental car, specifying no GM product, and they tried to give me a GM car at the airport and claimed they had nothing else at the agreed price. They ended up upgrading me to a Mercedes rather than lose my business forever.
I feel sorry for people who are injured by dealing with that company, but in the same way that I feel sorry for people who get stabbed by their drug dealers. They could have avoided that problem, and honest people would have done so by avoiding interactions with crooks.