Tag Links: Car Czar, Obama

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STEVEN Rattner, the auto industry adviser to Treasury Secretary Timothy Geithner, is flagrantly thumbing his nose at President Obama's call for Americans to make sacrifices in the collapsing economy.

Rattner is moving full-speed ahead with construction of a lavish, $15 million summer home in the Lambert's Cove area of West Tisbury on Martha's Vineyard -- a palatial mansion he's had in the works since 2006. It's caused a furor among wealthy Vineyard residents, who've called the planned 15,500-square-foot project far too big and gaudy, The Post's Mark DeCambre reports.

Rattner, 56, who earned more than $100 million from Quadrangle and lives in a huge apartment on Fifth Avenue, donated millions to the campaigns of Hillary Clinton, Al Gore and John Kerry. But when it became apparent that Obama's presidential run had legs, he hitched his wagon to him. A representative for Rattner in Washington had no comment.

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Auto Czar Made $100M In Hedge Funds And Is Building $15M Home Amid Calls For

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