Saturday, January 1, 2011

The corrupt auto czar

Quadrangle investment group founding partner and former Obama "auto czar" Steven Rattner agreed Thursday to pay a $10 million fine in a settlement with the New York attorney general's office over a pension fund scheme.

Rattner was accused of a "pay-to-play" scheme involving New York's pension fund, in which Rattner's Quadrangle allegedly gave kickbacks to officials if they directed state pension money to the fund.

What kind of nonsense to you think this guy tried when he was in charge of billions of taxpayers' dollars and the entire U.S. auto industry with no oversight and no accountability?

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