Overhaul
An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry| By: | Steven Rattner |
| Publisher: | Open Road Integrated Media, Inc. |
| Print ISBN: | 9780547577425 |
| eText ISBN: | 9780547504568 |
| Edition: | 0 |
| Copyright: | 2010 |
| Format: | Reflowable |
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A uniquely informed investigative account of one of the biggest financial crises of President Obama's early administration During his first year in office, President Obama faced the possibility of more than a million lost jobs as GM and Chrysler headed for financial ruin. He joined forces with Treasury Secretary Tim Geithner and economic advisor Larry Summers in a historic government intervention to keep these two auto-industry giants afloat, working against a ticking clock and fielding vocal opposition from free market champions along the way. It's from this vantage point that former New York Times financial journalist Steven Rattner witnesses a new administration's grace under pressure in the face of gross corporate mismanagement—a scenario rich in hard-earned lessons for managers and executives in any industry.