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Current Events => Breaking News => Topic started by: bijou on July 13, 2009, 04:33:53 PM

Title: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: bijou on July 13, 2009, 04:33:53 PM

(http://www.bloomberg.com/apps/data?pid=avimage&iid=ixYUFS1xAla0)

July 13 (Bloomberg) -- Steven Rattner, the Wall Street executive who helped the government guide General Motors Co. and Chrysler Group LLC out of bankruptcy, is stepping down, the Treasury Department said.

Ron Bloom, a former United Steelworkers union adviser and Lazard Ltd. vice president, will take over the leadership role in advising the Obama administration’s auto task force, the statement said. ...

http://www.bloomberg.com/apps/news?pid=20601087&sid=axBM.zUDN.K8
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: Rebel on July 13, 2009, 04:56:24 PM
Guided GM out of bankruptcy my ass. They were f'ed up before, and they still aren't selling any cars. Someone want to explain to me how a company came out of bankruptcy in as little as 2 months?
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: RightCoast on July 13, 2009, 05:08:04 PM
Guided GM out of bankruptcy my ass. They were f'ed up before, and they still aren't selling any cars. Someone want to explain to me how a company came out of bankruptcy in as little as 2 months?

Hope & Change
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: The Village Idiot on July 14, 2009, 12:36:23 AM
Another crook in the machine
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: AllosaursRus on July 14, 2009, 03:48:51 PM
Yeah, right! A former Union rep is going to guide an automaker OUT of bankruptcy.

Ya just can't make this stuff up!
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: The Village Idiot on July 14, 2009, 03:56:17 PM
Guided GM out of bankruptcy my ass. They were f'ed up before, and they still aren't selling any cars. Someone want to explain to me how a company came out of bankruptcy in as little as 2 months?

Well whe the government pumps in billions and takes money from investors and gives it to unions...
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: Bluesuiter-Retired on July 15, 2009, 01:29:07 AM
Lets not forget that NONE of those CAR CZARS own a Ford, GM, or Chrysler product, just like many of those in the congress.
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: SSG Snuggle Bunny on July 17, 2009, 06:06:10 AM
Lets not forget that NONE of those CAR CZARS own a Ford, GM, or Chrysler product, just like many of those in the congress.

When GM starts building private aircraft maybe Nancy will buy one then.
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: docstew on July 18, 2009, 02:20:51 AM
When GM starts building private aircraft maybe Nancy will use our tax dollars to buy one then.

Fixed
Title: Re: Rattner Steps Down, Bloom to Run Auto Task Force
Post by: Lacarnut on July 18, 2009, 02:06:58 PM
Another crooked politician whose company that he founded is being investigated for pay to play schemes by the NY Attorney General and the SEC. Just as well because he did not know his ass from the hole in the ground about the auto industry.