NY: Rattner will pay $10 million bribe to get Cuomo off his back

posted by
December 30, 2010
Bloomberg    
Posted in News

"Steven Rattner, a co-founder of the private-equity firm Quadrangle Group LLC, will pay $10 million to settle kickback allegations involving New York’s pension fund, a deal that largely ends an investigation that has yielded eight guilty pleas. Rattner’s restitution [sic] is less than half of the $26 million state Attorney General Andrew Cuomo sought in a lawsuit." (12/30/10)

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