G.M.’s Board Is Seen as Slow in Reacting to Safety Crisis - NYTimes.com

The "Valukas Report" by the law firm Jenner & Block into GM's response to the ignition key defect continues to produce insights into how corporate responsibility took the form of self-protection and self delusion.  - gwc
G.M.’s Board Is Seen as Slow in Reacting to Safety Crisis - NYTimes.com:

by Bill Vlasic

DETROIT — After General Motors emerged from bankruptcy and a government bailout five years ago, the board of directors of the “new G.M.” was expected to keep a more watchful eye on a company that had gone seriously off track.

But on the issue of vehicle safety, the board until recently took a mostly hands-off approach, rarely even discussing the topic beyond periodic reviews of product quality with company executives, according to interviews with current and former board members, as well as G.M. officials with knowledge of the board’s actions.

In February, the initial recall of hundreds of thousands of cars with defective ignition switches was treated in such a routine manner at the board’s monthly meeting that the board’s chairman, Theodore M. Solso, said he had only a vague recollection of the details.

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