CSPAN2 Key Capitol Hill Hearings April 5, 2014
To consumers. And then it deceived the United States government. Ive already spoken on the floor about section 612 of the agreement that g. M. Signed that indicated there were no material adverse facts at the time that it was bailed out, 2009, as part of a reorganization. That deception is bad enough. But what happened as a result of that reorganization was a shield from liability, a form of immunity against legal accountability that was granted only because g. M. Failed to disclose to the United States and to the Bankruptcy Court that at that might well be liable and in fact was responsible f...