Monday, May 5, 2014

Anyone Seen the Guy Who Gave GM $49 Billion in Taxpayer Money?

Anyone Seen the Guy Who Gave GM $49 Billion in Taxpayer Money? That would be Steve Rattner, the auto czar.
Rattner has gone largely unmentioned in the coverage of the GM defective-switch scandal. He’s not saying much on his own venues, and apparently no one wants to ask him any questions about President’s Auto Industry Task Force, just how thorough their review of GM was, and how they managed to miss so many consequential lurking safety issues.

There is plenty of blame to go around here. First there’s the serious accusation that GM hid just how deadly the problem could be:…

Then there’s the charge that federal safety inspectors and regulators are now blaming GM to divert attention from their own bureaucratic inertia . .

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