Rattner Tied to Sec Probe of N.Y. Kickbacks: Source

Summary


NEW YORK (Reuters) - Steven Rattner, who leads the Obama administration's auto task force, was one of the executives involved with payments being probed by New York state and federal regulators in an alleged pension kickback scheme, a source familiar with the situation said on Friday [April 17].

A "senior executive" of Rattner's firm, Quadrangle Group, identified in a Securities and Exchange Commission complaint against two former New York political officials and others, is Mr. Rattner himself, the source said.

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Rattner Tied to Sec Probe of N.Y. Kickbacks: Source

Mr. Rattner himself is not mentioned in the SEC complaint, and neither Mr. Rattner nor Quadrangle has been accused of any wrongdoing.

His identit...

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