Two years ago President Obama ordered that Chrysler be advanced enough money to stay afloat. His actions saved 38,500 direct jobs at Chrysler and hundreds of thousands more at suppliers and dealers at an especially fragile time for the nation’s economy. This week Chrysler will emerge from bankruptcy as a vital partner of Fiat in a new global auto manufacturing alliance. Based largely on the vitality and strength of the two companies, Chrysler has paid back all of its government loans, and under the direction of Sergio Marchionne it bought the remaining shares held by the U.S. and Canadian governments. With his success at Chrysler, Sergio Marchionne joins Nissan’s Carlos Ghosn and Ford’s Alan Mulally in turning around failing auto companies.