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CNN New Day June 5, 2014 11:20:00

Source. they did something wrong. what we want to find out, how high did this go? did the ceo at the time know? did top executives know? or was this just very sloppy work and data analysis that was never got above the engineering level? was there a cover-up? or was this just bad practice? that is the question. other question in focus is what will gm do for the victims here? how will they be compensated in all of this? chris, i think those are the two key things we want to know from gm today. right. the first part has christine and us looking at each other sideways here because it s hard to trust what reporting comes out because it seems so obvious that they must have known going up the chain. very little happens in a company like this where management is blind to it. now you have the company looking at itself even with a new ceo. what they will do for the victims matters. it does. when you look at the fallout, stock prices is up and that means the street doesn t think the fine, p ....

Data Analysis , Cover Up , Engineering Level , Big Question , Al L , General Motors , United States Of America , The Street Doesn T , Stock Prices ,

Detailed text transcripts for TV channel - MSNBC - 20100804:16:01:00

Mixed up with political problems. senate majority leader harry reid refuses to bring a bill to the floor that would lift $75 million cap on economic damages after an oil spill. back to the process in motion now, msnbc news correspondent michelle franzen is in venice, louisiana. set the scene about the static kill and the progress they are making. we all woke up overnight. the static kill was in place. it seemed to be working. and as you mentioned, a milestone or victory on an engineering level or workers trying to get this blown-out well capped and stopped. it appears they have done so by pumping that mud down into the system. they were able to push the crude back into the reservoir. they are saying that well is stabilized. the pressure, they are monitoring it. also, it could lead the way to ....

Michelle Franzen , Harry Reid , Oil Spill , 5 Million , 75 Million , Static Kill , Engineering Level , Well Capped , Long Way To Go ,