Blog Reactions
Taegan Goddard's Political Wire: Car Czar Speaks
Ben Smith's Blog: Remainders: Fries
Firedoglake: Rattner’s Bailout: Steve Still Lacks Knowledge of Auto Industry, Self-Awareness
| A little late, but you must read Steve Rattner's fascinating take on the work of the auto task force: http://bit.ly/22Ob2f 3 days ago |
| Auto Bailout: The man who led the effort gives an inside look at the bankruptcies that shook America http://bit.ly/4l8yGn 12 days ago |
| Communists!! RT @ghorystory must read: Car Czar Steven Ratner on why Detroit is even worse off than you think http://bit.ly/4l8yGn 24 days ago |
Car Czar Speaks
Taegan Goddard's Political Wire —
Steve Rattner, who led the bailout of the auto industry before abruptly leaving his post, writes about his experience in a lengthy Fortune piece:
"New to business meetings with Presidents, I found Obama's style consistent with his 'No drama Obama' image and on a par with the best CEOs I had spent time with. He was cordial without being effusive and decisive when his advisers were divided..." "The President's political advisers were as torn as his task force: Polls universally showed the public strongly opposed to the auto bailouts. At the same time, the ...
Remainders: Fries
Ben Smith's Blog —
Steve Rattner goes behind the scenes on the auto restructuring, with a "mission accomplished" subtext.
David Corn advises against playing chicken with a man who lives off your rage and blood.
Michelle Obama would like fries with that.
A Fox exec is unfazed.
Kerry played a central, some might say Secretary-of-State-like, role with Karzai.
He's standing by J Street.
Blame Drudge, buy gold.
Dov Hikind calls Giuliani "abhorrent" and "sick." ...
Rattner’s Bailout: Steve Still Lacks Knowledge of Auto Industry, Self-Awareness
Firedoglake —
... Chevy Volt Concept (photo by Passion84Photos)
One key to reading Steve Rattner’s long narrative on his role in the auto bailout is this passage:
I was stunned by the suggestion that the government, GM’s only ...
Inside Account of the Auto Bailout
Open Left - Quick Hits's RSS Feed —
I know there's a lot of interest in the auto companies here, so I'll pass on this article by Steve Rattner (the "auto czar") describing the auto bailout and his experiences with the car companies. He is highly critical of GM management.
Edmunds Draws Fire From White House
RealClearPolitics - Homepage —
... October 21, 2009 The Auto Bailout: How We Did It Steven Rattner, Fortune Rattner, who led the group that did the hands-on work, believes passionately that the decision to intervene represented not "creeping socialism," as some feared, but a critical part of the effort to prevent economic... ...
Five Promises -- By: Stephen Spruiell
Articles on National Review Online —
... The Volt is not expected to help GM financially. Steven Rattner, who has stepped down from the administration’s auto task force, wrote, “The Volt#...#could initially cost GM about $40,000 to produce while competing with conventional cars that sell in the $20,000 range. Even with the new $7,500 tax credit for plug-in hybrids, it will take years of improved efficiencies to make it profitable for GM.” ...
GM on Outsourcing Production to Overseas, Non-Union Shops: You Want Us to Pay You Back, Right? -- By: Stephen Spruiell
The Corner on National Review Online —
... subcompacts in the U.S. rather than in China in the first place, but, as former car czar Steve Rattner put it (quoting his father), "He who eats my bread sings my song," and right now, Congress wants GM to sing Brooks and Dunn's "Only in America." ...


