Bangkok Post: US auto task force aims to avoid bankruptcies

WASHINGTON - US President Barack Obama's automotive task force aims to solve the industry's woes "outside bankruptcy to the maximum extent possible,'' the panel's lead advisor said Monday.

"Bankruptcy is not our goal,'' Steven Rattner told the Detroit Free Press.

"I've been in and around bankruptcy for 26 years as part of my private-sector work. It is never a good outcome for any company, and it's never a first choice.''
Bangkok Post: US auto task force aims to avoid bankruptcies Rating: 4.5 Diposkan Oleh: fafas