Shikha Dalmia:
General Motors’ joyride with the feds might finally be coming to a screeching halt and a rough ride about to begin. The New York Times reported recently that the Justice Department is gearing up to slap a record, billion-dollar-plus fine on the company for criminal wrongdoing in connection with the Chevy Cobalt’s defective ignition switch. The defect has been linked to at least 104 deaths. But if similarly massive fines against Toyota for its suddenly accelerating cars are any indication, GM’s penalty might prove to be less of a bonanza for GM drivers and victims than for the Justice Department itself.