Overhaul

Download or read book Overhaul written by Steven Rattner and published by HarperCollins. This book was released on 2010-09-13 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.