I mean, you are familiar with the
TDI settlement, right? I keep saying this wasn't punitive and we're
more materially affected. I think this has a real possibility to be a net-win for the people who get in on it. Yes lawyers will get rich too.
Think about it logically, why would GM proactively be following the prescriptions of the lemon laws for various states? They don't really seem to care about customer satisfaction or they would have followed through with better timing and communication, all within their grasp. I think they've just taken the bureaucratic, default stockholder decision, get the most % of people settled with the proposed options to mitigate the potential higher payout to larger number of people.
This "generousness" is all about fast and cheap. Marketing and PR is of course going to mitigate the fallout but I think that's it, fast and cheap (fast being defined differently for them than us), that's their motivation.
I want no part of it, I'll take the swap GM eventually gets to me if they ever do. I know I just made a big deal bout saying I won't let emotions make me make irrational decisions but there's a line, I'm done. Also, it's a court decision so it could be far south of what I'm saying too. If you push all-in with a nut straight and the river nails the other guy a flush, odds didn't mean crap in the end did it?