President Barack Obama’s auto team — tasked with the rather daunting job of saving the American auto industry, or not — has put out an email to Wall Street looking to hire up to four more analysts to help the anemic staff sift through loads of information on the state of Chrysler and GM in an attempt to determine the government’s role in a possible restructuring.
Harry J. Wilson, who is new to the task force, sent the email with the caveats that applicants must not have worked on the board of directors for an “auto-related company or the United Auto Workers” in the past year. Candidates must also divest any auto-related investments they or their spouses hold.
Due to tough ethical standards set by the new president, some wonder if people with the deepest knowledge of the complex automotive industry are being forced to the side. Perhaps the most interesting bit of language lifted from the email was that in addition to candidates having eight to 12 years of experience as an analyst, they should be “sufficiently intellectually and professionally nimble.”
At the very least, there’s no questioning Obama’s commitment to finding a solution to the industry’s predicament. GM CEO Rick Wagoner confirmed that the auto team is basically working around the clock, and that his company gets emails from the thin staff nearly every day at any hour.