America's first "car czar" exit

Steven · Ratner 13, unloading to go to the United States President Barack Obama Government Chief car Advisor to produce "car czar" wands.

As General Motors and Chrysler bankruptcy reorganization of designers, Ratner turnover margin he took office less than 6 months, from General Motors from bankruptcy protection is only a few days.

Treasury Secretary Geithner in a written statement wrote, along with the automobile industry rescue work overload, Ratner determined "to return to New York City, return to private life and family." Geithner said, Ratner's leadership and insight has been called the "priceless" hope "he will have the opportunity to use their own unique skills to government service."

Ratner is the United States Government rescue car industry initiatives received praise and criticism to the spearhead. Rescue Chrysler and General Motors have cost United States taxpayers 620 million. Plus the financing providers, to promote electric cars, etc, United States Government might eventually pay for the relief of $ 100 billion Bill for the automotive industry.

United States a number of media reports, Ratner departure coincided with the New York State Attorney General's Office to investigate private investment institutions Quartet group. The Quartet group suspected of bribery to middlemen for the New York State pension business. Ratner is one of the founders of the Quartet group.

It is not clear, leaving Turner is directly related to the New York State judicial investigations, or because the Chrysler and General Motors is out of bankruptcy protection program. United States New York Times quoted Ratner a Government colleagues, reports la Turner decided to leave because his duties of Mr Obama's automotive working group has been a natural compound.

Ratner not yet accept media reporters. The Quartet group nor on a Ratner outgoing comment.

United States Wall Street Journal reported that Barack Obama another important automotive working group member Ron · Bloom will replace Ratner, Director of Government Chief automotive consultants. Bloom last few months has been responsible for General Motors and Chrysler labor contract negotiations, the Obama administration several high-ranking officials praised the bloom of the impressive work.