Transcripts for CNN The Situation Room 20140630 22:47:00 : v

CNN The Situation Room June 30, 2014 22:47:00

least a million dollars, likely more than that. he gave examples of 2 million to $8 million. they need to show that the proximate cause was the ignition defect. gm hasn't put any cap on this. whatever ken feinberg determines the number should be, gm has to pass that out. they're also not going to use contributory knowledge in this. that's an interesting development. we talked to ken feinberg about how he determined this, how he put a price on life and also what the real goal here of this is. listen. you've said that this is a program to help victims and the survivors of those that died. not a program to punish general motors. why did you say that? >> because this program is to compensate victims. if you want punitive damages, if you're determined to wage litigation war against gm and try and secure millions in

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