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Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry

by Steven Rattner

A rescue effort at the intersection of business and government

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Awards & Recognition

  • Critical praise

    Praised by the New York Times

    The New York Times calls the book an exhaustive, detailed account and says it will be on the bookshelf of every ...

AlbakiReads Editorial

A rescue effort at the intersection of business and government

Steven Rattner recounts the Obama administration’s intervention in the auto industry from his position leading the effort. The account centers on the decisions involved in keeping Chrysler and General Motors operating, set against political pressure, lobbying, and opposition to government intervention. Its scope connects corporate restructuring with the workings of Washington, offering a close look at how an economic crisis became a test of public policy and management. A new epilogue extends the book beyond its original account.

Good fit for readers who enjoy

  • Readers interested in the U.S. auto industry and its relationship with government
  • Those studying business leadership, crisis management, or corporate restructuring
  • Readers exploring the Obama administration’s early economic policy

Themes

Automotive industryGovernment interventionCorporate restructuringPolitical pressureCrisis management

Based on publisher information and book metadata.

Book overview

"Steven Rattner shows a journalist's eye for detail . . . Overhaul is a feast of political and financial intrigue." --Detroit Free Press

In Overhaul, Steven Rattner delivers an inside account of the Obama administration's bold bid to save the auto industry. From his vantage point at the helm of the intervention, Rattner crafts a tightly plotted narrative of political brinksmanship, corporate incompetence, and personalities under pressure in a high-stakes drama of Washington and Detroit. He also explains the tough choices he and his team made to keep Chrysler and GM in operation--while working against the clock in the face of intense lobbying from staunch Democratic allies and vocal opposition from free-market partisans.
Overhaul is a candid, gripping story of one of the most difficult crises of President Obama's first year in office, with lessons relevant for all managers and executives.

"[An] exhaustive, detailed account . . . Overhaul will certainly be on the bookshelf of every bankruptcy attorney in the country, and become required reading for public policy and law students." --New York Times

"Unquestionably the best book so far about the Obama presidency." --Slate

With a new epilogue

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