Steven Rattner and Andrew Cuomo Make a Deal

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What price must the Quadrangle founder pay for (allegedly) facilitating Chooch in order to get his mitts on the state pension fund? Ten million, without admitting or denying he did anything wrong, plus, it seems from the statement on the attorney general's website, an apology for talking out of school.


In a statement issued in conjunction with today’s agreement, Mr. Rattner stated: “I am pleased to have reached a settlement with the New York Attorney General’s Office, which allows me to put this matter behind me. I apologize if during the course of this process there is anything I did that may have made reaching this agreement more difficult. I respect the work of the Attorney General and his staff to ensure that the New York State Common Retirement Fund operates properly and in the best interests of New Yorkers.”

And we respect how hard it must have been for Rattner to draft that statement without inserting the words grandstanding motherf**cker anywhere.

ATTORNEY GENERAL CUOMO ANNOUNCES AGREEMENT WITH STEVEN RATTNER FORMER FOUNDING PRINCIPAL OF QUADRANGLE IN PUBLIC PENSION FUND INVESTIGATION [OAG]