Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry - Hardcover

Rattner, Steven

 
9780547443218: Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry

Inhaltsangabe

The first real look inside Team Obama—due just before the 2010 elections—mixes political warfare and big business shakeups in equal proportions, and comes from a uniquely informed source. Steve Rattner is not just the man brought in by the president to save the auto industry, he is a former New York Times financial reporter who also earned a place among the top tier of Wall Street’s most informed investment bankers and corporate experts. Now, from his vantage point at the helm of the historic auto-industry intervention, Rattner crafts a tightly plotted narrative of political brinkmanship, corporate mismanagement, and personalities under pressure in a high-stakes clash between Washington and Detroit. He also explains the tough choices he and his team made, working against a ticking clock and facing vocal opposition from free market champions, to keep Chrysler and General Motors in operation.
 
As the economy faced free fall, Obama, Treasury Secretary Tim Geithner, and economic advisor Larry Summers—all revealingly described—faced the possibility of more than a million lost jobs and the astonishing wreckage of GM (a nightmare of huge proportions, caused by terrible management) and Chrysler (a company so close to death it was nearly sacrificed). Rattner’s book—which will take the story up to the fall of 2010—is a gripping account of one of the severest crises of President Obama’s first year in office, with lessons relevant for all managers and executives.

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Über die Autorin bzw. den Autor

As counselor to the secretary of the Treasury, Steven Rattner led the administration's effort to restructure the auto industry. Prior to that, he was managing principal of Quadrangle Group, LLC. At Lazard Freres & Co. he was deputy chairman and deputy chief executive officer, and before that he worked at Morgan Stanley and Lehman Brothers. He was also employed by the New York Times for nearly nine years, mainly as an economic correspondent. He continues to write for the Times, the Wall Street Journal, the Washington Post, and the Financial Times. He lives in New York City.

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9780547577425: Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry: An Insider's Account of the Obama Administration's ... Story of High-Stakes Politics and Business

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ISBN 10:  0547577427 ISBN 13:  9780547577425
Verlag: Mariner Books, 2011
Softcover