rattner
Steven Rattner, the former Metropolitan Museum of Art trustee, New York Times reporter, BFF of Arthur Ochs “Pinch” Sulzberger Jr., investment banker, Democratic party moneybags, financial counselor to Mayor Michael Bloomberg (with him above) and briefly, Obama car demi-czar, has reportedly settled charges by the Security and Exchange Commission that he arranged kickbacks, paying off a political adviser to get investment funds from New York State‚Äôs pension fund. Rattner will pay a seven figure fine and be banned from the securities industry. The good news: A former journalist can afford to pay a seven-figure fine. An UPDATE from Daily Intel.