From this article
'Car czar' Rattner steps down after five
months
Steven Rattner, head of President Obama's task force on restructuring the auto industry, is stepping down after seeing General Motors Corp. and
Chrysler LLC enter and emerge from bankruptcy proceedings during his five-month tenure.
This is kind of weird. Only 5 months on the job? Does he think that now that GM is out of bankrupcy that the auto industry is ok again? Why even say
they are out of bankrupcy when...
Although the companies are out of formal bankruptcy proceedings, GM and Chrysler both have years of work ahead, and it's unclear when the firms
will be able to repay the federal government.
Maybe the real reason the "car-czar" was brought on was because
He has also been a significant Democratic donor and fundraiser.
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[edit on 13-7-2009 by MysterE]
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