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Keyword: stevenlrattner

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  • Rattner to Pay $10 Million in Settlement With Cuomo

    12/31/2010 7:48:29 PM PST · by Rabin · 6 replies
    nytimes ^ | December 30, 2010, 1:20 pm | PETER LATTMAN
    The financier Steven L. Rattner (Obama's lead auto industry overhaul administrator), has agreed to pay $10 million to settle civil charges that he engaged in a kickback scheme involving New York state’s pension fund... Rattner will pay restitution to the state pension fund and will be barred from appearing in any capacity before a public pension fund within the state for five years. He did not admit any wrongdoing... Rattner accused Mr. Cuomo of “extortion” and said this conduct was “not the kind of behavior I think we want out of an attorney general or a governor.” Cuomo was infuriated...