Advisors sit-in on phone calls between President Barack Obama and regional politicians concerning the next day’s announcement about General Motors filing for bankruptcy, Sunday night, May 31, 2009. From left Treasury advisor Harry Wilson; Ron Bloom, auto industry advisor; Steven Rattner, Treasury Department auto industry advisor; Brian Deese, National Economic Council; Gene Sperling, economic advisor; and Larry Summers, Director of the National Economic Council.

Advisors sit-in on phone calls between President Barack Obama and regional politicians concerning the next day's announcement about General Motors filing for bankruptcy, Sunday night, May 31, 2009. From left Treasury advisor Harry Wilson; Ron Bloom, auto industry advisor;  Steven Rattner, Treasury Department auto industry advisor; Brian Deese, National Economic Council; Gene Sperling, economic advisor; and Larry Summers, Director of the National Economic Council.