Obama Chooses 31-Year-Old Graduate for GM Repair
Yale graduate Brian Deese has been put in role to help fix General Motors.
Wired PR News – President Barack Obama has put a 31 year-old recent graduate of Yale Law School in a significant auto industry restructuring role. As reported by The New York Times, Brian Deese has been chosen to head the dismantling of the financially struggling auto giant General Motors.
Deese is quoted by the New York Times as stating of his role as special assistant to the president for economic policy, “There was a time between Nov. 4 and mid-February when I was the only full-time member of the auto task force… It was a little scary.”
Lawrence H. Summers, National Economic Council head, is quoted in the report as stating of Deese in his position, “Brian grasps both the economics and the politics about as quickly as I’ve seen anyone do this… And there he was in the Roosevelt Room, speaking up vigorously to make the point that the costs we were going to incur giving Fiat a chance were no greater than some of the hidden costs of liquidation.”
Photo Credit: Obama-Biden Transition project
Tags: automaker, Brian Deese, Fiat, General Motors, Lawrence H. Summers, president, restructuring, Roosevelt Room, YaleOnline Business News Press Release Distribution - WiredPRNews.com
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