John Howard, CEO of Irving Place Capital, was a panelist at The Deal's M&A Outlook 2009 conference. In this clip, Howard talks about what actions he would like to see the government take over the next year. Those actions include freeing up liquidity, helping consumer confidence and a possible auto bailout.
Concerning the auto bailout, Howard said, "This issue about the government bailing out the auto businesses. The point that was made before is that it is critical for our economy that this happen, but simultaneously the way those businesses are run has to change. How you do that as a government is a very tricky issue."
Kevyn Orr, formerly emergency manager for the City of Detroit, will return to Jones Day on May 1 as a partner in its business restructuring and reorganization practice. For other updates launch today's Movers & shakers slideshow.