SocraticGadfly: Steve Rattner: Obama bailout czar and financial leper

June 02, 2010

Steve Rattner: Obama bailout czar and financial leper

This is the guy Steve Benen at Washington Monthly gives so much credence to, when the guy is clearly self-serving.

And, "civilly offensive," to pun away on his pre-GM bailout chicanery.

He refuses to accept a civil sanction barring him from securities trading for three years. The fact that he faces such sanction makes you wonder how much he's condoned "good GM's" smoke-and-mirrors effort in paying off the government.
Mr. Rattner’s former firm, Quadrangle Group, paid $12 million in fines to settle with state and federal officials in April, but Mr. Rattner was left out of that agreement because he would not accept the S.E.C.’s proposal that he be barred from working on Wall Street, people briefed on the case said. ...

Quadrangle has rebuked Mr. Rattner’s conduct in unusually harsh terms, calling it “inappropriate, wrong and unethical.”
And, he also has a book coming out about his alleged "savior" efforts.

Steven Rattner, "civil criminal."

And, Steve "Party Line" Benen at Washington Monthly, willingly gullible putz on Rattner.

If AG Eric Holder wants to start new criminal investigations, I can suggest one, I think.

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