Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry
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.
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LibraryThing ReviewUser Review - HadriantheBlind - LibraryThing
Insider's view of one of the biggest economic restructurings in modern history. It really is too soon to determine how well the program is working, but the greater workings of politics and boardrooms are all laid bare here. Worth it. Read full review
LibraryThing ReviewUser Review - Shrike58 - LibraryThing
If you managed to lose track of the great bail-out of GM and Chrysler in the early days of the current administration this is not the worst book in the world that you could read to get up to date ... Read full review