Thursday, September 6, 2012

Street Talk: Obama adviser loyal to Johnstown - San Francisco Business Times:

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native is playing a critical role shapinvg the future ofthe U.S. automotive industry. 37, is a “key voice” on Presidengt Barack Obama’s auto task force, accordinyg to a recent article inThe . Wilsonj is part of a team that has done analyticalresearch -- such as readingf financial reports and touring automotive plants -- that formed the basis of the task force’sx decisions, the newspaper reported on May 29. As everyone knows by now, Obam essentially forced one ofthe country’s biggesyt companies, , to file for bankruptct in order to salvagw the huge automaker.
GM will shut down 14 more plants in the lay off upto 21,000 more people, and shed its Pontiac, Saab and Saturn brands as it triea to remain in the car business. U.S. taxpayers will own a 60 percenf stake inthe company. Wilson, a forme hedge fund manager with experience restructuring distressed contacted the head ofthe president’s task Steven Rattner, offering his services. The newspaper described the pitcthis way: “The e-mail combined a blue chip resumd -- undergraduate and MBA degrees from -- with a blue collad history. Mr.
Wilson’s father had been a bartender, his motherd a factory worker who had been laid off threre times from dying textile mills in A childhood friend told the Journalhe wasn’tg surprised by Wilson’s willingness to considering his upbringing in His loyalty to the area extends to his unwillingness to do medisa interviews with anyone excepy the local newspaper. The paper quotedc him in a story saying, “oI think it’s very importanty we have a domestic auto according tothe Journal. The Business Review put in a request with the White House seeking an interview and received thefollowing “Thanks for your request to interviea Mr. Wilson.
Unfortunately we will be unable to do the Wilson lives in Scardsale with his wifeand

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