In a fascinatingly shrewd move the Administration has tied the auto crisis and the banking crisis together by appointing a panel to oversee the “revamping” and that panel is chaired by Treasury Secretary Geithner – who obviously also has accountability for the banks. This makes eminent sense. To Fix Detroit, Obama Is Said to Drop Plan for ‘Car Czar’ | NY Times DETROIT — President Obama has dropped the idea of appointing a single, powerful “car czar” to oversee the revamping of General Motors and Chrysler and will instead keep the politically delicate task in the hands of his most … Continue reading US auto and bank crisis pulled together under Treasury Department | 15th Feb, 2009