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thegouch · 3591 days ago · link · · parent · post: General Motors Is Getting Sued For $10 Billion—Yes, $10 Billion
It's excessive if you look at it against their annual net income, sure, but I'm if you did the analysis on the net affect the faulty parts had on what owners would reasonably expect for future value, I'm sure it makes more sense. GM is also blaming ONE ENGINEER for this issue, so it's not like we're talking about a company that made an honest mistake--this was a problem that was actively ignored/swept under the rug for some time.