Financial Regulatory Forum

US Senate Commerce panel head seeks GM/Chrysler audit

By Reuters Staff
July 24, 2009

WASHINGTONTerminated Chrysler dealer, July 24 (Reuters) – Congress turned up the heat on General Motors Corp and Chrysler Group with a senior lawmaker calling for a U.S. Treasury Department review of decisions to cut more than 2,000 dealers. (more…)

Fiat wins EU clearance to buy Chrysler

July 24, 2009

CHRYSLER-PRODUCTION/BRUSSELS, July 24 (Reuters) – The European Commission on Friday unconditionally approved the purchase of bankrupt U.S. automaker Chrysler LLC by Italy’s Fiat SpA, saying the transaction would not damage competition in Europe. (more…)

U.S. government auto task-force chief to step down

By Reuters Staff
July 14, 2009

Steve Rattner WASHINGTON/NEW YORK, July 13 (Reuters) – Steven Rattner will leave as head of the U.S. autos task force, which oversaw bankruptcies at General Motors Corp and Chrysler Group, at a time when a probe into how the private equity firm he co-founded gained New York pension business has intensified. (more…)