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The New York Times and the rehabilitation of Steven Rattner
Columbia Journalism Review ^ | FEBRUARY 20, 2013 | Ryan Chittum

Posted on 10/06/2015 9:04:49 AM PDT by george76

The New York Times is declaring that disgraced private equity mogul Steven Rattner has gotten his reputation back in the Manhattan lunch circles that matter. This was probably only a matter of time given that it was the Times itself that played a leading role in his rehabilitation.

It’s Andrew Ross Sorkin, naturally, who pronounces the cleansing complete, even wondering aloud if Rattner could be a Treasury secretary someday.

This about a guy who just two years ago paid $16 million to settle SEC and New York lawsuits against him for taking part in a kickback scheme with public officials to get $150 million in pension-fund business. His firm, Quadrangle, coughed up another $12 million and said what Rattner did was “inappropriate, wrong and unethical.” They might have added “corrupt.”

Recall that Rattner was Obama’s car czar responsible for bailing out and overseeing GM and Chrysler. Three months into the administration, it emerged that Rattner was under investigation by Andrew Cuomo, then the New York Attorney General, and by the SEC for paying kickbacks to get business from the giant New York pension fund. Rattner originally got immunity in the investigation until Cuomo caught him covering up his own involvement.

...

Comcast owns CNBC, where Sorkin hosts Squawk Box on weekday mornings, and which has been kind to Rattner over the years, as well as MSNBC, where Rattner has been Morning Joe’s regular economics analyst.

Rattner happens to be close friends with Brian Roberts, the scion CEO of Comcast.

In other words, Rattner has the New York-area media world wrapped up. That’s how you go from settling bribery charges for $16 million right back onto the power-lunch circuit. It’s not hard to figure out.

(Excerpt) Read more at cjr.org ...


TOPICS: Crime/Corruption; Government; News/Current Events; Politics/Elections; US: New York
KEYWORDS: andrewcuomo; andrewrosssorkin; andrewsorkin; carczar; cashforclunkers; chrysler; cnbc; comcast; cuomo; enemedia; gm; kickbacks; media; newspapers; newyorktimes; oldmedia; payingkickbacks; rattner; sec; sorkin; stevenrattner

1 posted on 10/06/2015 9:04:49 AM PDT by george76
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To: george76
Steve Rattner’s article trashing Fiorina was posted just a couple weeks ago on Free Republic and treated as Gospel by some.
2 posted on 10/06/2015 9:12:46 AM PDT by Perdogg (I'm on a no Carb diet- NO Christie Ayotte Romney or Bush - stay outta da Bushesh)
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To: george76

What is repulsive to most thinking Americans is treated as “no problem” by RAT liberals. They prey on the fact that the memory span of most Americans is something less than 2 months.


3 posted on 10/06/2015 9:14:26 AM PDT by immadashell (The inmates are running the asylum.)
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To: george76

I had NO idea RATNER was Fined for anything!!!! Talk about CORRUPT!!


4 posted on 10/06/2015 9:21:36 AM PDT by Ann Archy (ABORTION....... The HUMAN Sacrifice to the god of Convenience.)
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To: Perdogg

Rattner was the ‘Car Czar’ back during the Cash-for-Clunkers days. He is pals with Cuomo and Bloomberg plus a major fundraiser for Hitlery.

http://www.freerepublic.com/focus/f-news/3345345/posts


5 posted on 10/06/2015 9:26:31 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: Perdogg

It’s a belief system, not based on reality but fantasy.


6 posted on 10/06/2015 9:31:01 AM PDT by 1010RD (First, Do No Harm)
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To: immadashell

Most thinking Americans is the smallest minority in the country.


7 posted on 10/06/2015 9:31:42 AM PDT by 1010RD (First, Do No Harm)
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To: george76

Isn’t there a liberal goof...Elenor Rattner.
..related?


8 posted on 10/06/2015 9:33:51 AM PDT by Fishtalk
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To: george76

attner is married to Maureen White, who served for five years as finance chair for the Democratic National Committee- wiki


9 posted on 10/06/2015 9:34:12 AM PDT by Pelham (It ain't over 'til it's over)
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To: 1010RD

I’ve always wondered why “common sense” is a trait few people can claim.


10 posted on 10/06/2015 9:34:25 AM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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