Former Car Czar Pays Steep Settlement Fine
President Obama’s erstwhile “car czar,” Steven Rattner, has paid a high price—$10 million, to be exact, not to mention his former position in the current administration—for his investment group’s involvement in a shady pension fund scheme. The news that Rattner had ponied up the fine to the New York attorney general’s office hit the wires Thursday—just in time for the New Year’s holiday.
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on December 30, 2010. Filed under