Author Topic: The Chicago Corruption Administration keeps rolling along  (Read 1778 times)

ericire12

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The Chicago Corruption Administration keeps rolling along
« on: April 17, 2009, 08:41:13 AM »
Obama's Auto czar under investigation for kickbacks:

http://online.wsj.com/article/SB123992516941227309.html
Quote
    Steven Rattner, the leader of the Obama administration’s auto task force, was one of the executives involved with payments under scrutiny in a probe of an alleged kickback scheme at New York state’s pension fund, according to a person familiar with the matter.

    A Securities and Exchange Commission complaint says a “senior executive” of Mr. Rattner’s investment firm met with a politically connected consultant about a finder’s fee. Later, the complaint says, the firm received an investment from the state pension fund, then paid a $1.1 million fee.

    The “senior executive,” not named in the complaint, is Mr. Rattner, according to the person familiar with the matter. He is co-founder of the investment firm, Quadrangle Group, which he left to join the Treasury Department to oversee the auto task force earlier this year.

    A spokeswoman for the Treasury, which is in charge of the auto task force, said that “during the transition, Mr. Rattner made us aware of the pending investigation.”

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tombogan03884

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Re: The Chicago Corruption Administration keeps rolling along
« Reply #1 on: April 17, 2009, 08:59:15 AM »
If I stick up a liquor store can I replace Holder as Attorney General ?

blackwolfe

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Re: The Chicago Corruption Administration keeps rolling along
« Reply #2 on: April 17, 2009, 09:13:48 AM »
If I stick up a liquor store can I replace Holder as Attorney General ?
Only if you don't pay taxes on the gain.
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