RunRyder RC
WATCH
 2 pages [ <<    <    ( 1 )     2     NEXT    >> ] 1044 views POST REPLY
HomeOff Topics News & Politics › Another of Obamas' Czars gets busted.......
12-31-2010 01:24 PM  7 years agoPost 1
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

Steven Rattner has reached an agreement with New York Attorney General Andrew Cuomo to settle allegations that the former "car czar" paid a state official to steer state pension-fund business to Rattner's Manhattan-based private-equity firm several years ago.

The settlement, announced Thursday by state Attorney General Andrew Cuomo, requires Rattner to pay $10 million in restitution to the State of New York and bars Rattner from appearing in any capacity before any public pension fund in the state for five years, The New York Times reported online.

The Times noted the agreement settles two lawsuits filed by Cuomo in November against Rattner, the former Obama official who oversaw the federal rescue of General Motors (GM) and Chrysler.

"I am gratified that we have been able to reach an agreement in this case, as it resolves the last major action of our multi-year investigation," Cuomo said in a statement. "The state pension fund is a valuable asset held in trust for retirees and supported by taxpayers. Through the many cases, pleas and settlements in this investigation, I believe we have been able to help restore and protect the integrity of the state pension fund."

Cuomo is the state's governor-elect, and will be sworn in Saturday, New Year's Day.

In a statement issued in conjunction with Thursday's agreement, Rattner said:

"I am pleased to have reached a settlement with the New York Attorney General's Office, which allows me to put this matter behind me. I apologize if during the course of this process there is anything I did that may have made reaching this agreement more difficult. I respect the work of the Attorney General and his staff to ensure that the New York State Common Retirement Fund operates properly and in the best interests of New Yorkers."

Rattner left his firm in 2009 to lead the White House task force on the auto industry. Cuomo had sought as much as $26 million to settle the allegations. Rattner previously agreed to pay $6.2 million to settle federal charges over the "pay-to-play" scandal. He also accepted a two-year ban from certain Wall Street businesses, the Times reported, but he didn't admit or deny wrongdoing.

See full article from DailyFinance: http://srph.it/ghAGJT

PM  EMAIL  GALLERY  Attn:RR  Quote
12-31-2010 10:22 PM  7 years agoPost 2
dilberteinstein

rrNovice

texas - USA

My Posts: All  Forum  Topic

Well, that was a big surprise!

90% of life is "showing up"

PM  EMAIL  GALLERY  Attn:RR  Quote
12-31-2010 10:28 PM  7 years agoPost 3
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

Why is not that tird in jail?

PM  EMAIL  GALLERY  Attn:RR  Quote
01-01-2011 04:29 AM  7 years agoPost 4
baby uh1

rrVeteran

St. James, Mo.

My Posts: All  Forum  Topic

Exactly! What the hell is a "settlement" have to do with his criminal actions? Sounds like he is buying his way out of jail!

Anything is possible if you don't know what you are talking about!

PM  EMAIL  GALLERY  Attn:RR  Quote
01-01-2011 04:58 AM  7 years agoPost 5
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

Exactly! What the hell is a "settlement" have to do with his criminal actions? Sounds like he is buying his way out of jail
Yeah, and looser officials allowed that to happen.

In some respects, our criminal justice system is good.

The problem with it is that you will never, ever see a rich man on death row. Rich men kill as well as a poor man. Thats the one and only reason why I am against the death penalty. It sucks.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-01-2011 03:41 PM  7 years agoPost 6
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

death penalty = one 9mm round. Problem solved.
The thing that gets me about this waste of flesh, is that he probably made tens times the amount of his fine. Where's the punishment???
Another primo example of people surrounding the biggest turd of all.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-01-2011 05:58 PM  7 years agoPost 7
Dragon2115

rrKey Veteran

New England

My Posts: All  Forum  Topic

Exactly! What the hell is a "settlement" have to do with his criminal actions? Sounds like he is buying his way out of jail!
Because it's all about the money. Cuomo just got $10 million bucks to blow on some city project that will buy him more votes when it comes time for re-election. Right and wrong mean nothing to these people. The only time it does is when they smell a chance to get some money out of someone. It's all about the money.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-03-2011 06:39 PM  7 years agoPost 8
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

I say: back to the days of tar and feathers and running them out of town on a rail.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-03-2011 06:42 PM  7 years agoPost 9
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

I say: back to the days of tar and feathers and running them out of town on a rail.
They might simply go to another town.

Lock the suckers up.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-03-2011 07:46 PM  7 years agoPost 10
PsychoZ

rrApprentice

Northern, CA

My Posts: All  Forum  Topic

The title states "Obamas' Czar" but didn't all this stuff happen before he became one of "Obamas' Czar" as they call him or did it happen in the last 2 years.

Tea Parties are for little girls with imaginary friends

PM  EMAIL  GALLERY  Attn:RR  Quote
01-03-2011 08:05 PM  7 years agoPost 11
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

it happened BEFORE he was a czar. But then when it appeared he was going down for this, he resigned as car czar.
The point being, this is the character of the people surrounding this "transparent" president. The list is longer than my arm. Wait until people start getting investigated when the new house gets sworn in. I can see investigations lined up for miles and miles.
I'm still waiting for the "suicides" (ala Clinton) to start popping up.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-03-2011 08:08 PM  7 years agoPost 12
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

it happened BEFORE he was a czar. But then when it appeared he was going down for this, he resigned as car czar.
The point being, this is the character of the people surrounding this "transparent" president. The list is longer than my arm. Wait until people start getting investigated when the new house gets sworn in. I can see investigations lined up for miles and miles.
There is only one of the remaining approx 29 czars in the Obama admin that have run a company and signed paychecks. Every single one of the others have an entire adult life history of progressive left activism. The very same life adult history of Obama himself.

Nice job America for voting that tird in office.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-03-2011 08:14 PM  7 years agoPost 13
fla heli boy

rrElite Veteran

cape coral, florida

My Posts: All  Forum  Topic

and yet a high percentage of Americans still think he's deserving of a passing grade.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-03-2011 08:19 PM  7 years agoPost 14
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

Yeah, and Palosi is celebrating her own Democrat parties shellacking from last November.

How many sporting teams do you see celebrating their own defeat?

How many Olympic teams do you see celebrating their own defeat?

How many wars that have been lost were celebrated by the loosers?

Point being is that 2nd place is never remembered. People only remember the winner. America is a winner. Fir the time being, I will always think of it like that.

Palosi is not only a looser, she is an serious embarrassment to our entire country, our freedoms, and our way of life.

The only credit I will give her is that she is an excellent job creator for the other side.

Thanks Nancy.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-04-2011 06:29 PM  7 years agoPost 15
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

My Posts: All  Forum  Topic

If only politics was so black and white in reality,we all know different,there are crooks on all sides,talk about diverting money,any body remember a little company called Haliburton.Look it up folks,look it up.Your guys are almost as bad as ours

Team- unbiased opinion.K.I.S.S principle upheld here

PM  EMAIL  GALLERY  Attn:RR  Quote
01-04-2011 06:33 PM  7 years agoPost 16
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

If only politics was so black and white in reality,we all know different,there are crooks on all sides,talk about diverting money,any body remember a little company called Haliburton
You mean: It was all Bush's fault?

PM  EMAIL  GALLERY  Attn:RR  Quote
01-04-2011 06:40 PM  7 years agoPost 17
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

My Posts: All  Forum  Topic

Not at all ,just that they are all at it,you know that Dennis as well as i do.

Team- unbiased opinion.K.I.S.S principle upheld here

PM  EMAIL  GALLERY  Attn:RR  Quote
01-04-2011 06:42 PM  7 years agoPost 18
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

Not at all ,just that they are all at it,you know that Dennis as well as i do
Well then, I would agree with the premise that there is plenty of blame to go around.

Both sides.

PM  EMAIL  GALLERY  Attn:RR  Quote
01-04-2011 07:06 PM  7 years agoPost 19
shawmcky

rrElite Veteran

Isle of Wight,United Kingdom

My Posts: All  Forum  Topic

No doubt a lot of "Virgin" politicians start out with very good intentions and are sucked in by the corruption that power brings.There have to be some that still have principals somewhere

Team- unbiased opinion.K.I.S.S principle upheld here

PM  EMAIL  GALLERY  Attn:RR  Quote
01-04-2011 07:08 PM  7 years agoPost 20
Dennis (RIP)

rrApprentice

Oregon

My Posts: All  Forum  Topic

No doubt a lot of "Virgin" politicians start out with very good intentions and are sucked in by the corruption that power brings.There have to be some that still have principals somewhere
Leave us hope that the new "Virgins" we just voted into office do not get sucked up into that same corruption that power brings in DC.

Speaking for myself, and based on history, I ain't holding my breath.

PM  EMAIL  GALLERY  Attn:RR  Quote
WATCH
 2 pages [ <<    <    ( 1 )     2     NEXT    >> ] 1044 views POST REPLY
HomeOff Topics News & Politics › Another of Obamas' Czars gets busted.......
 Print TOPIC  Make Suggestion 

 4  Topic Subscribe

Friday, December 14 - 10:35 am - Copyright © 2000-2018 RunRyder   EMAILEnable Cookies

The RC discussion world needs to consolidate. RR is now one choice for that. Its software is cutting edge. It hosts on-topic advertising. Help RR increase traffic buy making suggestions, posting in RR's new areas (sites) and by spreading the word.

The RunRyder Difference

• Category system to allow Rep/Vendor postings.
• Classifieds with sold (hidden) category.
• Classifieds with separate view new.
• Answer PMs offsite via email reply.
• Member gallery photos with advanced scripting.
• Gallery photo viewer integrated into postings.
• Highly refined search with advanced back end.
• Hosts its own high end fast response servers.
• Hosts thousands of HD event coverage videos.
• Rewrote entire code base with latest technology.
• No off-topic (annoying) click bait advertising.
Login Here
 New Subscriptions 
 Buddies Online