Bailout

THE GM RECALL

Bailout task force unaware of GM faulty switches, report says

7:39 am U.S. ET | April 3, 2014
The task force President Barack Obama set up to manage General Motors' bailout and bankruptcy in 2009 wasn't aware of the faulty ignition switches linked to 13 deaths in small cars, people familiar with the matter told Bloomberg....
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Ally Financial CEO Carpenter won't get pay hike, U.S. Treasury says

7:41 pm U.S. ET | April 2, 2014
The Obama administration is holding the total compensation unchanged this year for the head of bailed-out auto lender Ally Financial, the Treasury Department said on Wednesday....
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Rattner: U.S. is now a low-wage auto market

12:01 am U.S. ET | Feb. 3, 2014
Steven Rattner, the New York financier who headed Barack Obama's auto task force in 2009 and was credited with helping rescue the car business, took a crack at the resurgent auto industry in a New York Times opinion piece titled: “The Myth Of Industrial Rebound.”...
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