The Obama Administration has "no desire to run an auto company on a day-to-day basis," says White House spokesman Robert Gibbs. If so, somebody forgot to tell the team of Treasury Dept. staffers and management consultants...
Make no mistake: The White House and the task force overseeing the restructuring of both GM and Chrysler since February are calling the shots.
GM: The Government Is in Charge - BusinessWeek
Obama is pouring billions of tax payer money to bankrupt companies and turning them over to people who have no clue in designing, building and marketing cars. He sold out Chrysler LLC to the union that helped him get elected and to an Italian company that builds itsy bitsy cars to please environmentalists. What is he doing with GM?