The former investment bank and labor union aide tapped by President Obama to advise his new auto industry task force has a track record that includes helping West Virginia's steel industry, the The Associated Press (corrected cite) reports.
Ron Bloom "helped resolve a 10-month strike against the Wheeling-Pittsburgh Corp. in 1997," and "facilitate Esmark Inc.'s successful tie-up with Wheeling-Pittsburgh in 2006," while a top adviser to the president of the United Steelworkers union, the article said.
"He should be given a tremendous, tremendous amount of credit for restructuring -- and I believe saving -- the American steel industry," Mark Glyptis, president of USW Local 2911 in Weirton, told the newspaper.
As an adviser to Treasury Secretary Tim Geithner, "Bloom will have the day-to-day task of working with carmakers, their bondholders and labor unions to force concessions, reprising a similar role he played during the consolidation of the steel industry in the last decade," the article said.
17 February 2009
Obama Adviser Has W.Va. Connection
Posted by Lawrence Messina at 7:15 AM
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