In GM’s Payout Plan, End Of The Road Is A Long Way Off

June 30, 2014

Kenneth Feinberg, who also oversaw the Sept. 11 victims fund, is administering the compensation plan for victims of General Motors’ ignition switch defect. There is no cap on the total amount GM will spend, and even drivers who were drunk or distracted are eligible for compensation if the defect had any impact on their accident.