Hugh Pickens writes:
The NYT reports that according to emails to its supplier Delphi Automotive, General Motors placed an urgent order for 500,000 replacement switches nearly two months before notifying federal regulators and the public that it was recalling cars with a dangerously defective ignition switch. The emails were sent on December 18, 2013, a day after a crucial committee met to discuss the switch issue but declined to order a recall. Despite the official inaction, a GM employee sent an email to Delphi the next day requesting the half-million replacement parts: for “an urgent field action for our customers.” The emails were turned over by Delphi during discovery in sweeping class-action litigation against the automaker and were released to the press by Robert C. Hilliard, one of the three lead attorneys for plaintiffs in the case. The fault had been known to GM for at least a decade prior to the recall being declared. Some have suggested that the company actually approved the switches in 2002 even though they knew they might not meet safety standards
Tyler Durden: " A new car built by my company leaves somewhere traveling at 60 mph. The ignition switch malfunctions and the brakes and steering freeze. The car crashes and burns with everyone trapped inside. Now, should we initiate a recall? Take the number of vehicles in the field, A, multiply by the probable rate of failure, B, multiply by the average out-of-court settlement, C. A times B times C equals X. If X is less than the cost of a recall, we don't do one."
Woman: "Are there a lot of these kinds of accidents?"
Durden: "You wouldn't believe."
Woman: "Which car company do you work for?"
Durden: " General Motors."
Haha ! Funny modification there... The original quote from IMDB: http://www.imdb.com/title/tt0137523/quotes?item=qt0479130 [imdb.com]
Obviously we need to add D, the length of the prison term everyone involved gets sentenced to, to the equation.
Adding zero to the equation changes nothing.
And it's not like that equation is specific to GM.