Rattner headed up the President's Task Force which restructured [[General Motors]] and [[Chrysler]] and wiped out exisitng shareholders.<ref>http://zerohedge.blogspot.com/2009/05/gm-is-officialy-wiping-out-common.html</ref> After Rattner's resignation under a cloud as car czar, Rattner paid $6.2 million in settlements with the [[Securities and Exchange Commission]] for his role is a pay-to-play scandal.<ref>http://ca.news.yahoo.com/s/cbc/101118/business/business_rattner_settles_sec</ref> Rattner's wife Maureeen is the National Finance Chair of the [[Democratic Party]]. | Rattner headed up the President's Task Force which restructured [[General Motors]] and [[Chrysler]] and wiped out exisitng shareholders.<ref>http://zerohedge.blogspot.com/2009/05/gm-is-officialy-wiping-out-common.html</ref> After Rattner's resignation under a cloud as car czar, Rattner paid $6.2 million in settlements with the [[Securities and Exchange Commission]] for his role is a pay-to-play scandal.<ref>http://ca.news.yahoo.com/s/cbc/101118/business/business_rattner_settles_sec</ref> Rattner's wife Maureeen is the National Finance Chair of the [[Democratic Party]]. |