Archive for September, 2009
Toyota Motor Company has been accused of hiding and withholding evidence in rollover injury cases by a former lawyer of theirs. Toyota, as one may expect, has vigorously denied the allegations. The full story can be read at CBS here.
Many years ago I listened to a quotation out of a movie that seems to sum this entire debacle up. As the narrator in the movie Fight Club so eloquently states:
“A new car built by my company leaves somewhere traveling at 60 mph. The rear differential locks up. 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.”