| 2010.10.14 |
National Public Radio reports Steven Rattner has settled allegations of involvement in a "pay-to-play scheme"
involving Quadrangle, his investment firm, and the New York State pension fund. Rattner is also under investigation by
the Attorney General of New York, and is to be temporarily barred from the securities industry.
Rattner discussed part of this probe in his book, saying he'd never been accused of so much as jaywalking prior to
assumption of public office, and that he was thoroughly vetted by the Department of Treasury prior to his service.
Links:
NPR Story, "Rattner to Settle SEC Charges" (Audio), Oct. 14, 2010
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