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Transcripts For BLOOMBERG Lunch Money 20140401

On opening day. Lets kick it off with what everyone is talking about. Gm cannot seem to catch another break. Recall debacle. Gm recalls more than a million more cars. A is headed to the hill to explain why they ignored three 13killed people. The one it announced last night is tear tied to power steering. Ads to one from 2010. That car also in the ignition switch recall. The ceo will make sense of the testimony. We will have more coming up as well as throughout the day. Gm recalls are not the only thing washington is worried about. Lets lead with the fbi. Investigating whether highfrequency trading firms break the law. There is a question about timing. Trying to sells his book right now on flash trading. This stems from a multiyear investigation that has resulted in at least 79 convictions. Michael lewis was on 60 minutes and claimed the u. S. Stock markets are rigged because of highfrequency traders. It may not be that he is the highfrequencyng trading to the fore. Announcing that ther

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