Obama "Car Czar" Threatens Automaker's Creditors

Obama gives the unions 55%

clipped from www.judicialwatch.org Already connected to a massive kickback scandal involving his New York investment firm, the president’s shady car czar threatened Chrysler creditors when they refused to support the administration’s controversial bankruptcy plan.  Steven Rattner, a top Democratic fundraiser handpicked by Barack Obama to save the nation’s failing automaker, is a pro at abusing political influence to bully for profits. As head of the hedge fund Quadrangle Group he used his power to somehow convince a consultant for New York City’s pension fund to invest in his company. The lucrative arrangement is the subject of recent federal convictions for illegal kickbacks and Quadrangle is under investigation in the scandal.