What’s a Barack Obama Administration multi-billion dollar boondoggle without a Czar to oversee it?
For the automobile industry bailout, the Lord Overseer was Car Czar Steven Rattner.
This is the same Steven Rattner who late last year reportedly paid a $6.2 million Securities and Exchange Commission (SEC) fine and accepted a two-year ban from associating with broker-dealers or investment advisers. For an alleged “pay-to-play” New York state pension fund kickbacks scheme he orchestrated after leaving Washington and his Czar-ship.
DC-Wall Street nexis, anyone? Crony Socialism, anyone?
His current gig – besides being a (shocker) MSNBC Morning Joe “Economic Analyst?" Managing New York Mayor – and 1%-er billionaire – Michael Bloomberg’s personal and philanthropic assets.
DC-Wall Street nexis, anyone? Crony Socialism, anyone?
Ex-Czar Rattner was last week out and about – rewriting large swaths of the history of our $82 billion sinkhole auto “investment.” If this publicity run is any indication – and it undoubtedly is – Ex-Czar Rattner’s book on same may not quite be worth the price of admission.
Let’s take a look at some of what he said.
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