SPECIAL REPORT-For GM IPO, the government's a back-seat driver

Newswire

THE RETURN OF THE BANKERS By this spring, James Bainbridge Lee was back. Known as Jimmy at his bank JPMorgan Chase and to his many clients, Lee had returned to a familiar spot: negotiating with the Obama administration over a deal stemming from its bailout of the U.S. auto industry. A 35-year Wall Street veteran, Lee was the point man in high-stakes, but failed negotiations between a group of creditors and the Obama autos team to keep Chrysler out of bankruptcy in 2009. Just over a ...

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