Word: ronning
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...White House's auto-task-force working group is headed by Steve Rattner, a former reporter who was head of the private-equity firm Quadrangle Group, and Ron Bloom, an investment banker who previously worked for the United Steelworkers union. Staffed by about 15 restructuring and other experts, the task force aims to do two things in the weeks ahead. First, it will try to close the deal on Chrysler's sale to Fiat. Sources familiar with the task force's approach describe Chrysler as "hollowed out" by a succession of owners and largely worthless, with no quality brands other...
...weeks after Treasury Secretary Timothy Geithner tapped Wall Street financier Steven Rattner to try and save the U.S. auto industry, Rattner sat down for coffee at a nondescript café in Washington with the man he wanted to be his deputy, Ron Bloom. Both men had spent much of their careers in the universe of high finance, but they came from different planets. Thanks to the success of his dealmaking firm, Quadrangle, Rattner, 56, lives atop New York society in an apartment overlooking Central Park and the Metropolitan Museum of Art. Bloom, who turns 54 today, lived until recently...
...took the point in ousting GM chief Rick Wagoner over the weekend. Bloom, for his part, has taken day-to-day leadership in talks between Chrysler and Italian automaker Fiat. His union bona fides have made him the point man with the United Auto Workers union and its chief, Ron Gettelfinger. (See the 50 worst cars of all time...
...shows. A second report, released earlier this month by the nonprofit Families USA, found that about 87 million people - roughly 1 in 3 Americans - went without health insurance for some period between 2007 and 2008. "The huge number of people without health coverage is worse than an epidemic," says Ron Pollack, executive director of Families USA. "Almost everyone in the country has had a family member, neighbor or friend who was uninsured." (Read the five truths about health care in America...
...have been influenced by the fact that Zappala, the owner of the two private detention centers receiving a guaranteed annual rent ($1.3 million) from Luzerne County, is the son of a former chief of the same court. Or maybe it was what State Chief Justice Ron Castile told a local columnist, in a sad commentary on the entire system: the judges found the state's figures on the unusually high rates of kids being sentenced to detention and getting no legal representation simply too hard to believe...