“Mary Barra, claims she did not even learn of the problem until December of 2013, which just so happens to be when the federal government sold its final shares of GM stock (at a loss of $10 billion, naturally).”
Let me guess. She found out about it in the
New York Times.
At least it was “stylish” to appoint the first woman to run an auto company.
If that is true there should be an article in the WSJ real soon about the blood bath amongst the senior management at GM because a CEO would never accept that such potentially damaging information would be kept from them. The board of directors should be demanding that heads roll if this was truly kept secret.
It is one thing to keep such info under wraps within the company. Such decisions are made at the very top. But if such info is kept at lower levels of management and the CEO is surprised by it; those managers are fired.
Of course it is ridiculous to believe that a secret of that magnitude could be kept from the senior leadership. The corporate lawyers would have to know and that means the top of the leadership train would have to know.
She and bammy have the same intelligence source!