There were other reasons to save Chrysler.
It saved Chrysler early in the decade, and it served as a platform for a lot of what the corporation has done since.
Take the auto bailouts, which saved GM and Chrysler from bankruptcy.
But neither can I save Chrysler.
In the end, he was clearly committed to saving Chrysler.
He is best remembered for helping to save Chrysler from bankruptcy in 1979 by heavily lobbying Congress for a financial loan.
Mr. Labatch declined to specify how much money the hedging operation had saved Chrysler beyond saying the program has been "very successful."
One of the first major issues was whether to save Chrysler.
In the book Rattner states that the toughest decision for President Obama about the two auto companies was whether to save Chrysler.
The Treasury Department managed the Government-guaranteed loans that saved Chrysler from bankruptcy in 1980.