Steven Rattner

Auto Task Force Rattner
Michigan News - March 10, 2009

NY's Bloomberg moves funds from Quadrangle: sources

NEW YORK (Reuters) - Private equity firm Quadrangle Group will no longer be managing the assets of New York City Mayor Michael Bloomberg, who is extracting his funds from the firm, two sources said on Friday.
 

Chrysler takes long-term view on market share

WASHINGTON (Reuters) - Chrysler is willing to let market share slide in the short term to further its longer restructuring goals, the company's chief executive said in a presentation of his business plan to members of Congress on Tuesday.
 

Whitacre: GM has found replacement for current CFO

GM confirms CFO to be replaced; finance chief is 2nd top executive ouster in as many weeks. General Motors Co. is close to replacing its chief financial officer after finding a candidate to take his job, its CEO said in a Web chat with reporters on Tuesday.
 

Exec pleads guilty to bribing NY pension officials

Venture capitalist Elliott Broidy pleads guilty to paying NY pension officials $1 million. A California venture capitalist pleaded guilty Thursday to charges that he helped his company land a lucrative deal with New York's public pension fund by giving nearly $1 million worth of illegal gifts to state officials.
 

Nissan chief: Electric car adoption to be gradual

Nissan-Renault chief says customers to switch to electric cars gradually, not overnight. The head of the Nissan-Renault alliance said Thursday that customers' adoption of electric vehicles will be a slow and gradual process, with traditional gasoline-powered cars continuing to dominate the market for many years.
 

GM's Henderson calls gov't cutting his pay 'fair'

GM's Henderson calls pay cuts imposed on him, other bailed-out executives, fair, 'thoughtful'. General Motors Co. CEO Fritz Henderson said Wednesday that government-imposed cuts to his own salary, and the pay of other executives at seven companies that received taxpayer money, were "fair" and "thoughtful."
 

Former task force head bullish on GM, Chrysler

Former auto task force head optimistic of eventual GM, Chrysler turnarounds. The former head of the Obama administration's auto task force expressed optimism Wednesday that General Motors and Chrysler could rebound and help taxpayers recoup some of their multibillion-dollar investment in the Detroit auto companies.
 

Auto task force shocked by state of GM, Chrysler

Former auto task force head: Poor conditions at GM, Chrysler before bankruptcies were shocking. Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday.
 

Auto Bail-Out Chief: GM's CEO Had To Go

Ratner describes Wagoner's style as 'friendly arrogance'. The man who led the auto industry bailout says he couldn't believe the condition in which he found General Motors when he took on the largest restructuring in American history.
 

Task force head says gov't wants to sell car stock

Auto task force chief says government wants quick sale of stakes in GM and Chrysler. The federal government plans to sell its shares in General Motors Co. and Chrysler Group LLC as soon as it can, the head of the autos task force told a congressional panel Monday.
 

SEC plans 'pay-to-play' curbs on investment firms

SEC proposes new restraints on 'pay-to-play' practices by investment firms. Federal regulators on Wednesday proposed new rules to restrain investment firms from making political donations to state or local government officials with an eye toward winning pension plan or other public business.
 

House committee wants auto task force documents

WASHINGTON (Reuters) - A congressional committee approved a resolution on Friday seeking documents and other information from the Obama administration's autos task force regarding major decisions made on the restructuring of General Motors Corp and Chrysler LLC.
 

Obama auto task force shifts to automaker owner

With GM and Chrysler reborn, Obama auto task force switches gear to automaker owner. When it brokered the restructuring of Chrysler and General Motors, President Barack Obama's auto task force repeatedly pledged that it would steer clear of running a car company.
 

Obama auto task force shifts to automaker owner

With GM and Chrysler reborn, Obama auto task force switches gear to automaker owner. When it brokered the restructuring of Chrysler and General Motors, President Barack Obama's auto task force repeatedly pledged that it would steer clear of running a car company.
 

AP source: NY AG may press for Rattner settlement

AP source: NY AG may press for settlement for ex-auto czar to avoid pension probe charges. The state attorney general may press for a legal settlement with Steven Rattner, until recently a key Obama administration adviser on the auto industry, over possible civil charges in a pay-to-play investigation, The Associated Press has learned.
 

Ex-GM CEO gets retirement package worth over $10M

Ex-GM CEO Wagoner receives retirement package worth more than $10M; will retire Aug. 1. Former General Motors Corp. Chairman and CEO Rick Wagoner will retire Aug. 1 with a pension and benefit package the automaker valued at more than $10 million.
 

NY AG Cuomo trying to reach deal with Rattner: report

NEW YORK (Reuters) - New York Attorney General Andrew Cuomo is trying to reach settlements with Steven Rattner, who led the U.S. autos task force, and the private equity firm he co-founded, the Associated Press reported on Tuesday.
 

Rattner leaves autos force, probe intensifies

WASHINGTON/NEW YORK (Reuters) - Steven Rattner will leave as head of the U.S. autos task force, which oversaw bankruptcies at General Motors Corp and Chrysler Group, at a time when a probe into how the private equity firm he co-founded gained New York pension business has intensified.
 

Steven Rattner leaving auto task force

Steven Rattner, head of government's auto task force, leaves amid transition for GM, Chrysler. A former steelworkers union official is taking over the White House's automotive task force as the government shifts gears in its revamping of General Motors and Chrysler.
 

US auto task force changes leaders after GM exit

The US administration's auto task force leader stepped down with General Motors and Chrysler having exited bankruptcy protection under government-backed initiatives, officials said.
 

Facts from the Wikipedia page:

Steven Lawrence Rattner
BornJuly 5, 1952 (1952-07-05) (age 57)
Great Neck, New York
Nationality United States
EducationBrown University
OccupationPrivate equity investor
EmployerQuadrangle Group, Lazard Freres (prior)
Known forFounder of Quadrangle Group
U.S. Treasury Auto Industry Advisor during Automotive industry crisis of 2008–2009
Spouse(s)Maureen White Rattner