Cancel 2018. 3
<-- sched 2, MJ sched 1
Ex-auto czar paying $6.2M in SEC settlement
WASHINGTON – The Obama administration's former auto czar agreed Thursday to pay $6.2 million to settle civil charges over his role in an influence-peddling scandal involving New York state's public pension fund.
The Securities and Exchange Commission announced the settlement with investment banker Steven Rattner. As part of the settlement, Rattner will also be barred for at least two years from working in the securities industry.
The SEC alleged that Rattner and his private-equity firm Quadrangle Group provided kickbacks, political favors and personal benefits in 2004-05 to get access to business from the state's $125 billion pension fund.
http://news.yahoo.com/s/ap/20101118/ap_on_re_us/us_sec_rattner
does obama have anyone in his admin who is not corrupt, tax cheater etc....
WASHINGTON – The Obama administration's former auto czar agreed Thursday to pay $6.2 million to settle civil charges over his role in an influence-peddling scandal involving New York state's public pension fund.
The Securities and Exchange Commission announced the settlement with investment banker Steven Rattner. As part of the settlement, Rattner will also be barred for at least two years from working in the securities industry.
The SEC alleged that Rattner and his private-equity firm Quadrangle Group provided kickbacks, political favors and personal benefits in 2004-05 to get access to business from the state's $125 billion pension fund.
http://news.yahoo.com/s/ap/20101118/ap_on_re_us/us_sec_rattner
does obama have anyone in his admin who is not corrupt, tax cheater etc....