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In addition, if the companies don't come up with a negotiated plan, the car czar can submit his own, which could include reorganization under Chapter 11 bankruptcy.
FORBES: Magazine Article
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"They have a Great Lakes czar, they have all these different czars, a car czar and numerous other czars, who are making very important critical decisions of the government, but they don't have to go through Senate confirmation, " said Brian Darling of the Heritage Foundation.
CNN: Now hiring: Obama still needs to fill top jobs
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The idea of a single "Car Czar" to oversee the rebuilding of the auto industry is now out the window, replaced by a task force led by Treasury Secretary Tim Geithner and National Economic Council Director Larry Summers, two of the most over-extended men in the history of American government.
CNN: Commentary: Wall Street got the better bailout