Steve Rattner, the man Barack Obama originally appointed to oversee the auto bailout, needs a bailout of his own.
Wall Street financier and former auto czar Steven Rattner is in settlement talks to resolve his role in the “pay to play” investigation at the New York state pension fund, according to people familiar with the matter.
A guilty plea on Wednesday by David Loglisci, the former chief investment officer of the $129 billion fund, turned a spotlight on Mr. Rattner, a well-known Wall Street player who last year spearheaded the Obama administration’s auto overhaul.
On a call with reporters, New York Attorney General Andrew Cuomo said the 57-year-old Mr. Rattner remained under investigation …
You know considering the role Andrew Cuomo played in the Fanny and Freddy debacle back in the 90’s when banks were being forced to make loans available to high risk people its hard for me to imagine a more fox in henhouse moment. Oh really Andrew? Can we investigate you to honey?
I admittedly don’t have as much knowledge of the 19th century administrations, but hard to believe there’s been one more corrupt than the one President Obama’s assembled or attempted to assemble. Every day, it’s a-gettin’ routine, only surprise would be someone who is clean…
Eric… I don’t think we’ve had this combination of incompetence and corruption. Harding and Grant had corrupt administrations, but they were more competent than D’oh! bama. Pierce, Fillmore, and Buchanan were incompetent Presidents, but were not as corrupt as this admin.
Okay now. Everyone who is surprised by another charge of corruption for a member of Louis XVI, er, I mean, Obama’s court, er, administration, raise your hand!
Anyone? Anyone? Beuller?