The 31-Year-Old in Charge of Dismantling G.M.

[Mani]

Originally posted by: CPA
Hey, no worries. Soon your going to have Barney Frank deciding what cars GM is to build.

Don't think Barney Frank could do a worse job than the guys who have been making those decisions for GM the past several decades.

 

[coloumb]

Originally posted by: JSt0rm01
and to think people used to die at 31. In this day and age 31 is still a kid. Sweet!

The new 40 is 25, the new 31 is 16.

 

[Fox5]

Originally posted by: 1prophet

Originally posted by: jpeyton
And they were hired to do what? Work in fabs? Write code? Nope.

They were hired to run finances and design company strategies. Engineers design your products. Executives run the company. They require completely different personality traits. This is why you'll see companies that are looking for a new CEO to often consider executives from other companies that aren't related to their industry; an executive's skills to manage a business are cross-platform.

And which one of these executives in what company lands the top job out of college with no experience at all in their field?

Er, he's not an undergrad though, he just finished his law degree. Presumably, he's quite knowledgeable about law, and it sounds like he was selected because he was showing more leadership and foresight than the other candidates in Obama's administration. Now, that probably means they should have looked outside the administration.

Of course, it seems like this is all blown out of proportion anyway, since this guy is neither CEO, nor in charge of the GM restructuring.

 

[OutHouse]

Originally posted by: jpeyton
Goddammit Obama, why can't you nominate and old white guy? There isn't a shortage of those in D.C.

leave it to your dumbass to bring race into it.

 

[OutHouse]

Originally posted by: SammyJr

Originally posted by: CPA
Hey, no worries. Soon your going to have Barney Frank deciding what cars GM is to build.

Barney Frank couldn't do a worse job than the glorious Democrat funding multibillion dollar CEOs.

fixed

 

[Craig234]

Originally posted by: 1prophet
The 31-Year-Old in Charge of Dismantling G.M

The 31-Year-Old in Charge of Dismantling G.M.
By DAVID E. SANGER

WASHINGTON ? It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.

But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.

Nor, for that matter, had he given much thought to what ailed an industry that had been in decline ever since he was born. A bit laconic and looking every bit the just-out-of-graduate-school student adjusting to life in the West Wing ? ?he?s got this beard that appears and disappears,? says Steven Rattner, one of the leaders of President Obama?s automotive task force ? Mr. Deese was thrown into the auto industry?s maelstrom as soon the election-night parties ended.

?There was a time between Nov. 4 and mid-February when I was the only full-time member of the auto task force,? Mr. Deese, a special assistant to the president for economic policy, acknowledged recently as he hurried between his desk at the White House and the Treasury building next door. ?It was a little scary.?

But now, according to those who joined him in the middle of his crash course about the automakers? downward spiral, he has emerged as one of the most influential voices in what may become President Obama?s biggest experiment yet in federal economic intervention.

While far more prominent members of the administration are making the big decisions about Detroit, it is Mr. Deese who is often narrowing their options.

A month ago, when the administration was divided over whether to support Fiat?s bid to take over much of Chrysler, it was Mr. Deese who spoke out strongly against simply letting the company go into liquidation, according to several people who were present for the debate.

rest of story at link.

Political payback or prodigy

Robert Kennedy was made Attorney General and one of the President's top two advisors in extremely challenging times - when his department had to send troops to a US city - at 35.

JFK's other top aide/chief speechwriter was Ted Sorenson, all of 32 years old.

And he was almost 8 years younger when he first joined JFK and his first assignment was to write an economic recovery plan for Masssachussets.

 

[KMFJD]

Originally posted by: jpeyton
Goddammit Obama, why can't you nominate and old white guy? There isn't a shortage of those in D.C.

Those are the assholes that got us in trouble in teh first place!