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Former Treasury Department auto task force chief Steve Rattner took off the gloves in his assessment of fired General Motors Chairman and CEO Rick Wagoner. Full Article at Business Week
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With Uncle Sam now owning and controlling the Big-Three American auto companies, everyone has wondered with the future holds for General Motors. There's really no need to wonder so much. GM's future isn't much of a question anymore. Full Article at Associated Content
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WagonerWASHINGTON -- The former head of the Obama administration's auto task force expressed optimism Wednesday that General Motors and Chrysler could rebound and help taxpayers recoup some of their multibillion-dollar investment in the Detroit auto... Full Article at Santa Rosa Press Democrat
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Despite the more than 60 billion of U.S. taxpayer dollars pumped into the rescue of General Motors and Chrysler, their futures remain hazy, Steven Rattner, the former head of the Obama Administration's auto task force, said on Wednesday. Full Article at Business Week
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WASHINGTON - Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday. Full Article at AZ Central.com
