Speculation

Rattner for Car Czar?

Remember 2008 when all anyone was talking about was the car czar? Well, looks like there might finally be a name to attach to the position. ABC News is reporting that mega-rich private equity investor Steve Rattner has emerged as Barack Obama's leading candidate. The post, which first came up during Congressional deliberations regarded the auto industry bailout, would see Rattner supervise the overhaul of the industry and help automakers restructure. The founder of private investment firm Quandrangle group, Rattner first supported Hillary Clinton in the Democratic primaries. When Obama became the nominee he switched course and raised more than $100,000 for the president-elect.