March 23, 2009

Obama's Auto Team - Help Wanted

The Auto Task Force team is needing help and put a call out to Wall Street.

Harry J. Wilson, a new member of the task force, recently sent an e-mail that circulated on Wall Street, seeking applicants for up to four jobs on the autos team. The task force's findings will help chart the government's role in the future of the U.S. auto industry.

"Our team is quite small," said Wilson, formerly of Silver Point Capital and the Blackstone Group, in the March 13 e-mail obtained by The Detroit News.

"The work is incredibly intense. The amount of work is massive, the timelines are tight and the level of focus is also very high."

Reached by phone Friday, Wilson declined to comment on his e-mail. The White House and Treasury Department also declined to comment, but confirmed Wilson's hiring and didn't dispute the accuracy of the e-mail.

So what are the requirements that they are seeking?

Financial experts for what might be a year-long assignment in Washington, helping restructure the auto industry. Long hours. Government wages. Must not have worked for an auto company in the past 12 months.

Looks like they are looking for people to bring down the auto industry, not get it back on track.

Posted by Quality Weenie at March 23, 2009 09:58 AM | TrackBack

Any government regulator is, by definition, either ignorant (hasn't worked in the industry) or corrupt (has worked in the industry and will be helping some of his old friends).

Hopefully these jobs will stay unfilled forever.

Posted by: Harvey at March 23, 2009 10:14 PM