Many of GM's toughestrestructuringmeasures, including the ousting offormerChiefExecutiveRickWagonerandthe bankruptcy filing itself, came at the behest ofthe autotaskforce.
Feldman and Wilson, who have been advising the Teamsters since last summer, also worked together on President Barack Obama's autotaskforce during the government's rescue of General Motors and Chrysler.
In recent months, my AutoTaskForce has been reviewing requests by General Motors and Chrysler for additional government assistance, as well as plans developed by each of these companies to restructure, to modernize, and to make themselves more competitive.
In the cases of both GM and Chrysler, the administration's AutoTaskForce was not impressed that the companies haven't been able to modify their agreements with the UAW on compensation reductions, severance pay and a union-managed health care trust.