Suing Rattner, Cuomo Seeks to Bar Him From Industry (NYT)
Rattner Is Sued by Cuomo, Settles With S.E.C. (NYT)
The attorney general filed two lawsuits, seeking at least $26 million from Mr. Rattner and a lifetime ban from the securities industry in New York. Mr. Rattner was also added to a forfeiture action against Hank Morris, a top adviser to a former New York State comptroller, Alan G. Hevesi.
The lawsuits came as the Securities and Exchange Commission announced a settlement with Mr. Rattner in which he agreed to pay $6.2 million in disgorgement and penalties. He will also be banned from “associating with any investment adviser or broker dealer” for two years.
True News Background to the Steve Rattner Pension Scandal
The pension scandal beyond Rattner
Rattner Lawsuit Politically Motivated
Really Steve? Really?
What exactly are the "political considerations" in play here? Maybe you could have played this card before November's elections, but not today. Cuomo won't be on the campaign trail until 2014, at which point no one will remember this episode one way or the other. Rattner responds... and it's ridiculous
* Rattner: "I Will Not Be Bullied"Portfolio.com (blog)