It seems that Andrew Cuomo has a wonderful sense of theater.
On the very day that Steve Rattner is all over cable news to discuss GM's (GM) return to the public markets, he has (finally) been sued by the Governor-in-waiting for his alleged role in the New York public pension kickback scandal.
There actually are three separate actions, with the first two seeking to recover a total of $26 million from the MOREDan Primack - Nov 18, 2010 10:21 AM ET
The SEC yesterday delayed its proposed settlement with Steve Rattner, related to the former car czar's (alleged) participation in a private equity pay-to-play scheme. Reports have suggested that the deal, when finalized, will include $6 million in restitution and a multi-year ban from the securities industry.
Word is that if the SEC had its druthers, it would settle simultaneous to a Rattner deal with the NY Attorney General's Office. Seems that MOREDan Primack - Oct 15, 2010 10:39 AM ET
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