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Former auto industry czar settles with Cuomo


New York Attorney General Andrew Cuomo, second from left, speaks Tuesday at a press conference on child pornography. Associated Press
 (Associated Press / The Spokesman-Review)
New York Attorney General Andrew Cuomo, second from left, speaks Tuesday at a press conference on child pornography. Associated Press (Associated Press / The Spokesman-Review)

New York Attorney General Andrew Cuomo

NEW YORK (Reuters) – Former Obama administration auto industry czar Steven Rattner agreed to pay $10 million to resolve lawsuits by New York's attorney general over kickbacks allegedly paid to do business with the state's pension fund.

Rattner is the most prominent outside executive and last major figure to resolve charges in a multiyear "pay to play" corruption probe that involved the roughly $132.8 billion New York State Common Retirement Fund. More here. 

More greed and corruption. I'm sensing a theme.




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Cindy Hval
Cindy Hval is a freelance columnist for the Voices neighborhood sections. Her Front Porch column appears twice a month in the Thursday Voice.