UPDATE 2-Rattner to become U.S. adviser on autos

Newswire

(Adds White House confirmation) WASHINGTON, Feb 23 (Reuters) - The Obama administration has added Wall Street expertise to its team overseeing the restructuring of General Motors and Chrysler, naming Steven Rattner as adviser to Treasury Secretary Timothy Geithner. Rattner, co-founder of private equity firm Quadrangle Group LLC, will advise Geithner on a variety of economic and financial matters and will lead Treasury's efforts on the automobile sector, the White House said on Monday. ...

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