Who is doing the GM bankruptcy?

 

 

 

 

 

http://online.wsj.com/article/SB124354680988864045.html?mod=googlenews_wsj

Key Players in the Overhaul of General Motors

President Barack Obama is taking on a daring — and expensive — plan to transform a core part of the U.S. industrial base to match his own vision of the auto sector’s future.

Chief executive Frederick “Fritz” Henderson has for years argued for breaking the taboos at General Motors — killing brands, shuttering dealers, chopping debt and rewriting union contracts.

When the Treasury Department decided earlier in the year to separate the roles of CEO and chairman at GM, the decision to name Kent Kresa chairman was a “no brainer,” one person involved in the decision said.

Even as a lame-duck president, United Auto Workers union leader Ron Gettelfinger has shown surprising strength amid the greatest-ever dismantling of union power and benefits.

No one has played a more central or contentious role in the auto bailout than Steven Rattner, the investment banker-turned-Treasury adviser who has led the Obama auto team since February.

Bankruptcy attorney Harvey R. Miller has been waiting a lifetime for a case like this.

Harry J. Wilson in a Harvard Crimson archival photo. He graduated in 1993.

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Obama: Obama is a graduate of Columbia University and Harvard Law School, where he was the first African American president of the Harvard Law Review.

Henderson: Henderson holds a Master of Business Administration degree from Harvard Business School and a bachelor’s degree in business administration from the University of Michigan’s Ross School of Business.

Kresa: He has B.S., M.S., and E.A.A. degrees from Massachusetts Institute of Technology in aeronautics and astronautics and received an honorary doctorate of laws degree from Pepperdine University in 2003. On November 3rd, 2003, the Carlyle Group – a controversial private equity firm most often responsible for initiated defense contracts between ex-politicians and standing members of various international governmental bodies – hired Kresa as a Senior Advisor to its aerospace and defense group.

Gettelfinger: The current chief president of the industrial union United Auto Workers. He has spoken against offering any additional worker concessions until the current contract expires in 2011, even though some analysts contend this stance might lead all three Detroit auto makers into bankruptcy, which would void the current UAW contract. Gettelfinger was an Elector for Barack Obama in 2008.

Rattner: An American financier and private equity investor. He is one of the four founding partners of the private investment firm Quadrangle Group. In 1989 he joined Lazard as a General Partner; he founded their Media and Communications Group. In 1997 he became Lazard’s deputy chairman and Deputy CEO, a new position.

Miller: An American lawyer. The New York Times called him “the most prominent bankruptcy lawyer in the nation.” Born in New York City, Miller was admitted to bar in New York State in 1959. He is a graduate of Brooklyn College (A.B., 1954) and Columbia University (LL.B., 1959).

Wilson: Undergraduate and MBA degrees from Harvard University. Stints at Blackstone Group and Goldman Sachs, Mr. Wilson became a partner at Silver Point Capital, a hedge fund based in Greenwich, Conn.

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impressive..harvard, columbia, goldman sachs and lazard(think ” fed”)..same names keep popping up everywhere

401

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~ by seeker401 on May 29, 2009.