HolyCoast: Car Czar Stalls Out
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Tuesday, July 14, 2009

Car Czar Stalls Out

His job of ruining the auto industry is complete:
Steven Rattner, head of the Obama administration’s auto task force, is leaving that post and will be replaced by former steelworkers official Ron Bloom.

The administration said Monday that Rattner decided to return to private life and his family in New York City.

Rattner won praise for the job he did managing the massive restructuring of General Motors and Chrysler. But his government service came under a cloud with an investigation of an influence peddling scandal back in New York.

Authorities have said that Rattner, an investment banker, was unlikely to face charges in the investigation which involved a giant state pension fund that provides retirement benefits for more than 1 million government employees.
I'm sure Obama can find someone else who knows nothing about the auto industry.

1 comment:

Sam L. said...

Won praise? From whom? Why was I not informed of this outrage?

And who are you calling a knucklehead? "Names, Les, I need Names."