Posted on 06/04/2010 6:59:57 AM PDT by opentalk
Remember Steven Rattner, President Obama's first auto industry czar? His tenure as the official liason between Treasury Secretary Tim Geithner and the Auto Industry Task Force that guided Obama's takeover General Motors and Chrysler was short-lived, owning to revelations of investigations by the SEC and New York Attorney General Andrew Cuomo.
The investigations center around allegations first reported soon after Rattner's appointment that he paid bribes to win business for Quadrangle from the New York state pension system. Quadrangle has since paid $12 million in fines in a settlement with state and federal officials, and publicly condemned its founder's activities as "inappropriate, wrong and unethical."
Rattner, however, was not included in the firm's settlement because, according to The New York Times, he has been fighting the SEC's move to ban him from Wall Street for three years.
(Excerpt) Read more at washingtonexaminer.com ...
More corruption in the Odinga Regime.
Quadrangle - we have heard that name before.
poetic, isn’t it? I hope he is included in the ranks of the unemployed. Forever.
So Rattner was a rat?
Who knew?
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