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(Obama's)Task force head * Steven Rattner has said that bankruptcy is not the best option for the industry and that GM and Chrysler might need considerably more than the $21.6 billion they've requested.

* Steven "Steve" Lawrence Rattner is an American financier and private equity investor. He is one of the four founding partners of the private investment firm Quadrangle Group, which invests media and communications companies globally.

Rattner started his career as a reporter with The New York Times, first at the Washington bureau, where he became close friends with Times' ownership-family member Arthur Sulzberger

Rattner quit journalism and joined Morgan Stanley, where he founded their Communications Group

He is married to Maureen White, the former National Finance Chair for the Democratic Party.