Rattner settles with Cuomo for $10 million | 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.
New York Attorney General Andrew Cuomo said on Thursday the settlement ends two lawsuits by his office over alleged kickbacks dating to 2005 and 2006 when Rattner worked for Quadrangle Group, the private equity firm he co-founded."
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