Thursday, December 23, 2010

Obama automobile industry emergency relief program

Books car czar Rui Tena said GM and Chrysler to save the White House of the operation. He pointed out that there is no bankruptcy in the automotive industry as a tool for restructuring, it is impossible to allow all stakeholders to make joint sacrifices
The end of September 2010, Stephen Fenrui Turner (Steven Rattner) new book, "complete overhaul: Obama emergency plan auto industry insider observed" (Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry) formally placed in bookstores.
That in 2009 the Big Three U.S. automakers about the rescue plan is complete, Rui Tena is now officially released the first official insider information, this time from his departure has been the past year. Rui Tena provides a very detailed and vivid on the U.S. auto aid, particularly in the national buy-back details.
Rui Tena is a former banker, as the Quartet (Quadrangle Group) founder of the U.S. government rescue plan to develop the process of car and master the most concentrated power, he is one of the important role play drama. Since February 2009, the Rui Tena began to lead the U.S. auto industry task force, who in this group known as the "car czar (Car Czar)".

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