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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: edpc

Schadenfreude!


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

He has his kickback from the car companys. Now he can go live in the style Oboma has become accustomed to.


21 posted on 07/13/2009 1:38:21 PM PDT by Just another Joe (Warning: FReeping can be addictive and helpful to your mental health)
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To: edpc

ping for later


22 posted on 07/13/2009 1:38:29 PM PDT by truthguy (Good intentions are not enough!)
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To: edpc

That was quick. Almost as short a tenure as a Yankee manager during Steinbrenner’s heyday in the 1980s.


23 posted on 07/13/2009 1:40:08 PM PDT by Alberta's Child (God is great, beer is good . . . and people are crazy.)
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To: edpc

WASHINGTON (Reuters) - Steven Rattner is leaving as the day-to-day head of the U.S. autos task force that oversaw bankruptcy at General Motors Corp and Chrysler Group, Treasury Secretary Timothy Geithner said on Monday.

Ron Bloom, a senior member of the White House/Treasury Department task force, will take over for Rattner, who is returning to private life in New York, Geithner said in a statement.


24 posted on 07/13/2009 1:41:27 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: edpc

sounds like a ‘recall’.. that was quick!


27 posted on 07/13/2009 1:44:43 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard)
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To: edpc

Is he the guy that looks like Henry Waxman on crack?


28 posted on 07/13/2009 1:49:11 PM PDT by pabianice
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To: edpc

He should be placed in charge of the used car operation.


29 posted on 07/13/2009 1:49:23 PM PDT by kabar
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