Obama Shuts Down “Car Czar” Idea, Treasury Secretary Geithner to Steer Ship

U.S. President Barack Obama has decided against naming a "car czar," and is instead asking U.S. Treasury Secretary Timothy F. Geithner and White House economic adviser Lawrence H. "Larry" Summers to head a task force on revamping the U.S. auto industry, Bloomberg News reported yesterday (Monday). The president was under pressure to say…