Ford did not receive a government bailout. Not directly. It would have gone down the tubes along GM and Chrysler, if they would have been allowed to die, Steve Rattner, the head of the auto task force, told Bloomberg. (Read More…)

Former Obama administration “car czar” and leader of the Presidential Task Force on Autos,  Steven Rattner, wrote a $10 million check yesterday to NYS Attorney General Andrew Cuomo, and Cuomo dropped his charges. Rattner will remain a free man. The only thing he’s not allowed is to appear before any state-pension funds for the next five years. Cuomo can close out his desk and go on to become New York’s governor. (Read More…)