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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
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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
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To: edpc

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


2 posted on 07/13/2009 1:24:02 PM PDT by dfwgator
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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.)
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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!!")
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To: CedarDave

Ping.


5 posted on 07/13/2009 1:27:02 PM PDT by Army Air Corps (Four fried chickens and a coke)
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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)
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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)
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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.)
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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!)
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To: edpc

Schadenfreude!


10 posted on 07/13/2009 1:32:03 PM PDT by StAnDeliver (Schadenfreude!)
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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)
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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?)
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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.)
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To: edpc

Rat(tner) jumping sinking ship?


14 posted on 07/13/2009 1:32:52 PM PDT by Ben Chad
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To: Admin Moderator; Sidebar Moderator

Bump to Breaking News.


15 posted on 07/13/2009 1:32:52 PM PDT by StAnDeliver (Schadenfreude!)
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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.....)
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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.)
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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))
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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)
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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)
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