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Lessons Learned: Ron Bloom

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Ron Bloom served as senior adviser to Secretary of the Treasury Timothy Geithner on President Barack Obama's Task Force on the Automotive Industry and as assistant to the president for manufacturing policy (2009-2011). As senior adviser on the Auto Task Force team, Bloom helped lead the restructuring of General Motors and Chrysler LLC. Subsequently, he advised the Obama administration with policy development and strategic planning to revitalize the manufacturing sector. Bloom brought to Treasury his unique experience working with organized labor (including the United Steelworkers Union, United Auto Workers, the Teamsters, the Air Line Pilots Association), and in the investment industry, including as a founding partner of the Keilin and Bloom investment banking firm. Bloom was highly regarded for his unparalleled negotiation skills. He left Treasury in September 2012 and is currently managing partner and vice chair in Brookfield's private equity group.

Suggested Citation

  • Lynch, Mary Anne, 2022. "Lessons Learned: Ron Bloom," Journal of Financial Crises, Yale Program on Financial Stability (YPFS), vol. 4(1), pages 442-446, April.
    • Handle: RePEc:ysm:ypfsfc:412020
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    File URL: https://elischolar.library.yale.edu/cgi/viewcontent.cgi?article=1276&context=journal-of-financial-crises
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    Keywords

    bankrupcty; Chrysler; debt-in-possession financing; government equity investment; General Motors; Global Financial Crisis; leadership; manufacturing; restructuring; US Auto Taskforce; UAW;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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