Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Fox News Alert - Car Czar (Steven Rattner) Stepping Down
Fox News ^ | 13 July 2009 | Fox News

Posted on 07/13/2009 1:22:53 PM PDT by edpc

Reported during Your World that Steven Rattner would step down and be replaced by a member of the Auto Task Force. No print story currently available at site.

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Business/Economy; Government; News/Current Events; Politics/Elections; US: New York
KEYWORDS: automakers; bho44; bhoczars; bloom; business; corruption; czar; journalists; kickbacks; newyorktimes; nystate; nytimes; obama; pensionfund; quadranglegroup; rattner; reporters; resignation; ronbloom; steelworkers
Navigation: use the links below to view more comments.
first 1-5051-100101-102 next last
Possibly due to this? From The Politico in April...

The Wall Street Journal reported Thursday night that Rattner was involved with payments at the center of an investigation into an alleged kickback scheme at New York state's pension fund. Sourcing their information to a "person familiar with the matter," Journal reporters Craig Karmin and Peter Lattman reported that Rattner, who was then an executive at Quadrangle Group, an investment firm he co-founded, met with a "politically connected" consultant to discuss a finder's fee. Quadrangle later paid a $1.1 million fee, and received a $100 million investment from the New York State Common Retirement Fund.

1 posted on 07/13/2009 1:22:54 PM PDT by edpc
[ Post Reply | Private Reply | View Replies]

To: edpc

Czars don’t “step down,” they “abdicate.”


2 posted on 07/13/2009 1:24:02 PM PDT by dfwgator
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

“Quadrangle later paid a $1.1 million fee, and received a $100 million investment from the New York State Common Retirement Fund.”

Those numbers have betting odds beat to the ground.


3 posted on 07/13/2009 1:24:54 PM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Fili et Spiritus Sancti.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc
Rattner was involved with payments at the center of an investigation into an alleged kickback scheme

About par for Obama's cabinet members I suppose...

4 posted on 07/13/2009 1:26:31 PM PDT by John123 (Turn on your teleprompter Obama and read your lips... "No New Taxes!!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: CedarDave

Ping.


5 posted on 07/13/2009 1:27:02 PM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Maybe he just wants to spend more time with his family.


6 posted on 07/13/2009 1:29:35 PM PDT by jalisco555 ("My 80% friend is not my 20% enemy" - Ronald Reagan)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

That, and he may see the writing on the wall vis-a-vis Obambi’s poll numbers. Split while ya can.


7 posted on 07/13/2009 1:30:01 PM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Is he going back to High School?


8 posted on 07/13/2009 1:30:49 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dfwgator
Czars don’t “step down,” they “abdicate.”

He should suggest the same for his boss.

9 posted on 07/13/2009 1:31:16 PM PDT by The Sons of Liberty (Remove the Kenyan Usurper - FUBO!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: edpc

Schadenfreude!


10 posted on 07/13/2009 1:32:03 PM PDT by StAnDeliver (Schadenfreude!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dfwgator
Czars don’t “step down,” they “abdicate.”

Now that's fuuuunny!

11 posted on 07/13/2009 1:32:08 PM PDT by torchthemummy (Sarah Palin: Conservative Point Guard-2009/10 Conservative Captain-2011/12)
[ Post Reply | Private Reply | To 2 | View Replies]

To: edpc; SierraWasp; BOBTHENAILER; Liz; BIGLOOK
" Wall Street Journal reported Thursday night that Rattner was involved with payments at the center of an investigation into an alleged kickback scheme at New York state's pension fund."

Another validation of my 2009 tagline

12 posted on 07/13/2009 1:32:27 PM PDT by Grampa Dave (Does Zer0 have any friends, who are not criminals, foreign/domestic terrorists, or tax cheats?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc; Tijeras_Slim

I was thinking his end would be more like what happened in 1917.


13 posted on 07/13/2009 1:32:30 PM PDT by Constitution Day (Eschew exclamatory abuse.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Rat(tner) jumping sinking ship?


14 posted on 07/13/2009 1:32:52 PM PDT by Ben Chad
[ Post Reply | Private Reply | To 1 | View Replies]

To: Admin Moderator; Sidebar Moderator

Bump to Breaking News.


15 posted on 07/13/2009 1:32:52 PM PDT by StAnDeliver (Schadenfreude!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John123
About par for Obama's cabinet members I suppose...

...and I'm sure he paid taxes on the kickback...

16 posted on 07/13/2009 1:33:08 PM PDT by SERKIT ("Blazing Saddles" explains it all.....)
[ Post Reply | Private Reply | To 4 | View Replies]

To: The Sons of Liberty

WHAT?? He finally realized that he knows nothing about the car business??
Well, I guess it’s back to the drawing board for Hussein! BTW? How many czars are there now? Last count I had it was 32 or 34, then I heard 40 mentioned.


17 posted on 07/13/2009 1:34:58 PM PDT by SoldiersPrayingMom (....A nation divided against itself, cannot stand.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: edpc
Obama and virtually everyone he appoints to high level posts are corrupt.

...in addition to most of them (including Obama) being abject marxist ideologues.

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA

NOW WE KNOW WHAT A COMMUNITY ORGANIZER DOES

OBAMA, THE STOCK MARKET, AND ENERGY

BARACK HUSSEIN OBAMA IN HIS OWN WORDS

THE AUDACITY OF TRUTH ABOUT BARACK HUSSEIN OBAMA'S UPBRINGING

AN AMERICAN TEA PARTY SPEECH FOR JULY 4TH

18 posted on 07/13/2009 1:35:01 PM PDT by Jeff Head (Freedom is not free...never has been, never will be. (www.dragonsfuryseries.com))
[ Post Reply | Private Reply | To 1 | View Replies]

To: SERKIT

That is a line I would like to see on an income tax form: “In Scetion C, list all bribes and kickbacks you receievd during this period...”


19 posted on 07/13/2009 1:36:19 PM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 16 | View Replies]

To: dfwgator

Czars don’t “step down,” they “abdicate.”

...and not always willingly.

20 posted on 07/13/2009 1:37:32 PM PDT by NativeNewYorker (Freepin' Jew Boy)
[ Post Reply | Private Reply | To 2 | View Replies]

To: edpc

He has his kickback from the car companys. Now he can go live in the style Oboma has become accustomed to.


21 posted on 07/13/2009 1:38:21 PM PDT by Just another Joe (Warning: FReeping can be addictive and helpful to your mental health)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

ping for later


22 posted on 07/13/2009 1:38:29 PM PDT by truthguy (Good intentions are not enough!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

That was quick. Almost as short a tenure as a Yankee manager during Steinbrenner’s heyday in the 1980s.


23 posted on 07/13/2009 1:40:08 PM PDT by Alberta's Child (God is great, beer is good . . . and people are crazy.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

WASHINGTON (Reuters) - Steven Rattner is leaving as the day-to-day head of the U.S. autos task force that oversaw bankruptcy at General Motors Corp and Chrysler Group, Treasury Secretary Timothy Geithner said on Monday.

Ron Bloom, a senior member of the White House/Treasury Department task force, will take over for Rattner, who is returning to private life in New York, Geithner said in a statement.


24 posted on 07/13/2009 1:41:27 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Oldeconomybuyer

What do we know about Bloom?


25 posted on 07/13/2009 1:42:22 PM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 24 | View Replies]

To: Oldeconomybuyer

Thanks....I was looking for a solid news article to post it.


26 posted on 07/13/2009 1:43:07 PM PDT by edpc (01010111 01010100 01000110 00111111)
[ Post Reply | Private Reply | To 24 | View Replies]

To: edpc

sounds like a ‘recall’.. that was quick!


27 posted on 07/13/2009 1:44:43 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Is he the guy that looks like Henry Waxman on crack?


28 posted on 07/13/2009 1:49:11 PM PDT by pabianice
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

He should be placed in charge of the used car operation.


29 posted on 07/13/2009 1:49:23 PM PDT by kabar
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Is anyone in this admin not either insane or crooked?


30 posted on 07/13/2009 1:53:14 PM PDT by GeronL ( Patriotic Insurrectionist at http://tyrannysentinel.blogspot.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GeronL
Is anyone in this admin not either insane or crooked?

Yes.

Some are both.
31 posted on 07/13/2009 1:58:17 PM PDT by chrisser (Facts and honesty won't change the world. You want change - you need propaganda.)
[ Post Reply | Private Reply | To 30 | View Replies]

To: NativeNewYorker
Which one is Rattner????
32 posted on 07/13/2009 1:59:17 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
[ Post Reply | Private Reply | To 20 | View Replies]

To: April Lexington

He’s one of the women, but I can’t recall which one. :)


33 posted on 07/13/2009 2:00:38 PM PDT by NativeNewYorker (Freepin' Jew Boy)
[ Post Reply | Private Reply | To 32 | View Replies]

To: Oldeconomybuyer
Rattner. Bloom. What is the difference?
34 posted on 07/13/2009 2:01:16 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
[ Post Reply | Private Reply | To 24 | View Replies]

To: edpc

Rattner is as DIRTY as they come!! However the Justice Dept. will NEVER go after him because he’s a HUGE DEMOCRAT!!


35 posted on 07/13/2009 2:02:55 PM PDT by Ann Archy (Abortion....the Human Sacrifice to the god of Convenience.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

This is not the man odumbo thought he was


36 posted on 07/13/2009 2:03:17 PM PDT by italianquaker (We went from a country that hates the president to a president that hates his country)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

I hope he ends up a cell mate with Madoff.


37 posted on 07/13/2009 2:10:58 PM PDT by Anti-Bubba182
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Obama sure has a hard time finding clean appointments. Maybe he just doesn’t care about their backgrounds until they reach the light of day?


38 posted on 07/13/2009 2:12:16 PM PDT by GVnana (Sarah for America)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

N0bama just realized he’d appointed a white guy....


39 posted on 07/13/2009 2:12:41 PM PDT by clintonh8r (General James Mattoon Scott: Where are you now that we need you?!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

I always lot it when a Ratt or a Czar takes one in the hat!


40 posted on 07/13/2009 2:13:15 PM PDT by MIchaelTArchangel
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Has he gathered enough material to write his book?


41 posted on 07/13/2009 2:13:19 PM PDT by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

CNN: Rattner had been Managing Principal of Quadrangle Group LLC, a private investment firm with more than $6 billion of assets under management that specialized in investments in media and communications companies. Rattner is a former reporter for The New York Times.

A source close to Rattner told CNNMoney that he is not returning to Quadrangle.


42 posted on 07/13/2009 2:15:19 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All
Scorecard On Obama Scandals (updated) :

Gov Richardson-pay to play scandal (withdraws)
Geithner-Tax cheat (confirmed)
Daschle-Tax cheat (withdraws)
Killefer-Tax cheat (withdraws)
Solis (husband)-Tax Cheat (confirmed)
Sen Burris lied about "pay to play" contacts
VP Biden's daughter in cocaine bust
Rahn Emanuel (too numerous to mention)
Obama prez campaign accepted AIG donations
House Speaker Nancy Pelosi (being there)
Cong Barney Frank, Freddie Mac scandals
Sen Chris Dodd, AIG bonuses, sweetheart deals with Countrywide
No. 2 at HUD Ron Sims (blatant violations of Public Records Act as Seattle area County exec)
Auto rescuer appointee Steven Rattner (massive pay-to-play NY pension scandal)(stepping down)
Louis Caldera, White House Military Office (ousted for $357,000 flyover NYC)

Other Dem Scandals:

Rangel-Tax cheat (under investigation)
Franken-Tax cheat (in US Senate recount)
VP candidate John Edwards under scrutiny for love child payoff w/ campaign funds
Governor Blagojevich-pay to play scandal (impeached)
Baltimore Mayor Dixon- indicted on perjury, theft charges
Racine Mayor Becker-arrested for child porn & soliciting minors
Hartford Mayor Perez- arrested for bribery
Birmingham Mayor Langford- arrested on federal charges
Former Detroit Mayor Kwame Kilpatrick-served 99 days jailtime
Portland Mayor Adams- admitted he had gay sex with teen intern
Chicago Alderwoman Troutman-plead guilty to tax fraud and mail fraud
Monica Conyers John Coyner’s wife, Detroit City Council President implicated in Detroit bribery case
Tim Mahoney (D-FL) - Offered $121,000 payoff and $50,000 a year job for two years to quiet former mistress/staffer
Rep William J. Jefferson (D-LA) tried on 6 counts including bribery (hid $90,000 cash in freezer)
NY Gov Spitzer - fed's wiretaps out involvement in prostitution ring.
Cong Alcee Hastings ex-judge, impeached/convicted for bribery (elected to House)
US Rep. Carnahan (D-MO) lien filed on home for $17,364 unpaid roofer bill
State Sen Dianne Wilkerson (D-MA) resigned; arrested on federal bribery charges (stuffed bribes in bra)
Carol Moseley Braun nailed for stealing $249,000 from her campaign treasury
State Sen J. James Marzilli(D-MA) indicted for accosting four women (resigned)
Rep Jan Schakowsky (Dem/Socialist--ILL) husband’s bank fraud
Ex-leader of Young Democrats sentenced in Child Porn case
North Carolina Dem activist sentenced in child porn case-involving kids as young as 6
Kerry's Band of Brothers member on-stage at DNC Convention (convicted for child porn)
Aide to Sen Barbara Boxer received/distributed child porn (convicted)
Child molester back working for Democrat in Hawaii Legislature
Wisconsin Dem mayor charged with child-sex crimes
Left-wing radio personality Bernie Ward (possession/distribution of child porn conviction)
Bwaney's boyfriend ran prostitution ring at residence

43 posted on 07/13/2009 2:19:52 PM PDT by Liz (When people fear govt, we have tyranny; when govt fears the people, we have freedom.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Liz

Look at how many on that list were busted on child porn charges.


44 posted on 07/13/2009 2:22:58 PM PDT by Army Air Corps (Four fried chickens and a coke)
[ Post Reply | Private Reply | To 43 | View Replies]

To: pabianice

45 posted on 07/13/2009 2:28:53 PM PDT by RushIsMyTeddyBear (Obama. Clear and Pres__ent Danger.)
[ Post Reply | Private Reply | To 28 | View Replies]

To: edpc

46 posted on 07/13/2009 2:36:21 PM PDT by GalaxieFiveHundred
[ Post Reply | Private Reply | To 1 | View Replies]

To: edpc

Who’s the 31 year old guy? I thought it was the car czar until I saw a pic of Rattner here.


47 posted on 07/13/2009 2:43:35 PM PDT by ilgipper
[ Post Reply | Private Reply | To 1 | View Replies]

To: Ann Archy

Justice Dept may not but NY Attorney General has a history of taking on cheats!


48 posted on 07/13/2009 2:44:49 PM PDT by BubbaBobTX ("The problem with socialism is you eventually run out of other peoples money." Margaret Thatcher)
[ Post Reply | Private Reply | To 35 | View Replies]

To: ilgipper

That was Brian Deese. He was in charge of the GM bankruptcy.


49 posted on 07/13/2009 2:45:41 PM PDT by edpc (01010111 01010100 01000110 00111111)
[ Post Reply | Private Reply | To 47 | View Replies]

To: edpc

I don’t know what Ratface Rattner doesn’t blame his problems on TurboTax (or Quickbooks or whatever). Worked for Timmah!


50 posted on 07/13/2009 2:46:35 PM PDT by 2 Kool 2 Be 4-Gotten
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-100101-102 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson