Of cars and czars…


Steven Rattner ’74 P’10 P’13, Brown Corporation fellow and Obama’s former car czar (and Herald Editor), recently came out with his own take on his work in Washington before resigning last year in July.

NYT reviewer Micheline Maynard writes of Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry :

In between itemizing brands of soda, seating arrangements and lunch menus, Mr. Rattner discusses the tug of war among the government officials, company executives, financiers and union officials as the prospect of bankruptcy went from remote to reality.

For that, “Overhaul” will certainly be on the bookshelf of every bankruptcy attorney in the country, and become required reading for public policy and law students, even if it fails to capture the public’s imagination in the way that other auto industry comeback stories, such as “Iacocca: An Autobiography,” have done.

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