Author Topic: Rattner, ex-car czar, settles case  (Read 801 times)

0 Members and 1 Guest are viewing this topic.

Offline cavegal

  • Hero Member
  • *****
  • Posts: 3015
  • Reputation: +105/-42
Rattner, ex-car czar, settles case
« on: December 30, 2010, 02:32:51 PM »
http://www.politico.com/politico44/perm/1210/payment_due_374ff0c5-b9bc-49b1-a13d-235367a4a9c9.html

Quote
The investment banker Steven Rattner, President Obama's former car czar, will pay a $10 million fine to settle two lawsuits claiming that his private equity firm, the Quadrangle Group, was involved in a $150 million pay-to-play scandal with public pension funds.

According to the New York attorney general, Rattner will be barred from appearing publicly before any pension fund in New York for five years as part of the agreement.


“Look, we’re led by a man that either is not tough, not smart, or he’s got something else in mind,”  Donald J.Trump. 6/13/16

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2224/-127
Re: Rattner, ex-car czar, settles case
« Reply #1 on: December 30, 2010, 02:46:12 PM »
Oh look, union pension funds were involved.