A fund set up by General Motors Co. to compensate victims of crashes linked to defective ignition switches could offer payments for anyone injured or killed in a crash in which the car's air bags didn't deploy, people familiar with the situation said. Compensation expert Kenneth Feinberg, who will administer the fund, is expected to outline details of the victims' fund as early as next week. GM has said it doesn't know how much money it could pay out through the fund Mr. Feinberg will oversee. The company has said it knows of 13 people who died in crashes in which air bags failed to deploy because the car's ignition switch had slipped out of the run position before the collision.
via Business News - Yahoo Finance http://ift.tt/1jNIVRc
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