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Friday, April 24, 2009

THE RATTNER DISTRACTION

NY Post -

President Obama has a new headache: Steve Rattner and his role in the state and city pension-fund scandal.
Rattner's involvement in that affair, though still somewhat unclear, makes him wholly unfit to serve as Obama's point man for the government's bailout of US automakers.
Best for all concerned for Rattner to step aside -- or be pushed.
Rattner and the private equity firm he established, the Quadrangle Group, seem to be eyeballs-deep in the scandal. (continues...)

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