Posted on 10/13/2010 6:06:34 PM PDT by Nachum
Steven Rattner, the former car czar, has agreed to a settlement with the Securities and Exchange Commission over kickback claims involving the New York State pension fund, a person with knowledge of the negotiation said Wednesday.
Mr. Rattner will accept a multiyear ban from the securities industry and pay a fine of more than $5 million, the person said. He is still in negotiations over a similar settlement with the office of the New York attorney general, Andrew M. Cuomo.
(Excerpt) Read more at nytimes.com ...
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My God! This shocking...a corrupt DIMocRAT!!!!!!!!
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