First Obama Era 'Tell All' Book To Be Released

[Annie]

Oh the timing:

Former Car Czar Rattner Rats on Obama | Foxnews.com

...The Huffington Post got a leaked copy and there is plenty there that will play into this years' elections - especially since this is the first kiss-and-tell book from the Obama team.

Key points from the article and excerpts:

-When Obama was told of the plan to pay GM CEO Rick Wagoner a $7.1 million severance package after Obama ordered that he be sacked, Rattner writes: "Suddenly I felt that I was indeed in the presence of a community organizer..."

-Rattner describes presidential political adviser David Axelrod coming to car meetings armed with poll data to support the takeover and Chief of Staff Rahm Emanuel identify Congressmen in whose districts large Chrysler facilities were located.

-"[Obama's economic team] veered dangerously close to having the government take control of the two most troubled banks, Bank of America and Citigroup."

-"If his team had linked arms with the outgoing administration, as President Bush's advisers had proposed, billions of dollars could well have been saved."

-Rattner says Chief of Staff Rahm Emanual dictated Treasury Secretary Tim Geithner's schedule, public appearances and staff selections.

-He says Obama economic advisers Larry Summers and Austan Goolsbee and FDIC Chair Sheila Bair as enemies who slowed down decision making with infighting

-Rattner said Obama was frustrated with the auto companies from the start: "Why can't they make a Corolla?" he has Obama asking.

From Huffington:

Steven Rattner's 'Overhaul' Pulls No Punches On Obama Administration's Auto Rescue But Minimizes His Own Troubles (EXCLUSIVE)

Steven Rattner's 'Overhaul' Pulls No Punches On Obama Administration's Auto Rescue But Minimizes His Own Troubles (EXCLUSIVE)
First Posted: 09- 2-10 06:01 AM | Updated: 09- 2-10 07:53 AM

In "Overhaul", his upcoming chronicle of his reign as "car czar," Steven Rattner offers an insider's account of the Obama administration's rescue of the auto industry. And he pulls no punches when it comes to describing the foibles of such heavyweights as Rahm Emanuel, Tim Geithner, Larry Summers and Sheila Bair.

Though the 58-year-old financier lasted only six months, with his sudden resignation sparking speculation that a pay-for-play scandal at his old private equity firm was becoming an unhealthy distraction, Rattner has plenty of tales to tell.

And Rattner's account is sure to attract interest within the Beltway, as one of the first books penned by an Obama administration insider...