This is a really long article, so I'll just give you a preview. Obama's man called shots on bankruptcy | Freep.com | Detroit Free Press Essentially, Chrysler secured concessions from the UAW and therefore they stood a chance of avoiding bankruptcy and government intervention. However, Obama's man Rattner gave the banks an ultimatum: Accept the terms or liquidate Chrysler. Therefore, Chrysler was forced to accept the bankruptcy terms agreed upon by the banks and the government or face extinction. Overall, the Obama administration forced the government into this matter and made any option outside of government intervention impossible. As a result, this proves Obama wanted to control Chrysler through the government and he is now advancing his environmental agenda as a result. Without a doubt, it is clear now that Obama lied when he said that "I don't want to run a car company." With concessions made by the UAW, Chrysler had a chance to survive without bankruptcy and therefore government intervention. But Obama's auto man Rattner would hear none of that. Chrysler was going into bankruptcy, the government was taking a share of the company, and that was that.