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Cuomo's Intense Pursuit Of Financier Rattner
By
Jen Chung
Published Dec 8, 2010
Modified Dec 8, 2010
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By
Jen Chung
Published Dec 8, 2010
Modified Dec 8, 2010
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Attorney General and Governor-elect Andrew Cuomo has been going after those involved with state pension pay-to-play scheme for a while, but there is one white whale still out there: Financier Steven Rattner, whose Quadrangle Group got a $150 million investment from the NY State pension fund. Apparently Rattner's wife is telling people, "Andrew will be sorry when it all comes out. He is being unfair to Steve," and Rattner's friends are telling Cuomo to back off, to which Cuomo has replied, "I am sorry you feel that way. But do you know the facts in this case?" The NY Times looks at the he-said, he-emailed, he said and how the conflict is making things awkward amongst the rich and powerful.
Cuomo is deciding whether to go after Rattner for perjury and misleading Cuomo during his investigation. Rattner has proclaimed he's being railroaded—on Charlie Rose, no less—but Cuomo calls him a liar and points out that Rattner settled with the SEC, "He is not proclaiming his innocence — look at the S.E.C. settlement. He’s basically saying, ‘I am guilty, but Cuomo wants too much of a settlement.’" The Times adds, "The case has escalated so drastically that what began as one investigation involving Mr. Rattner is now two; Mr. Cuomo’s staff members are now poring over his statements and e-mails and may even use Mr. Rattner’s former lawyers as witnesses against him."
Rattner oversees Mayor Bloomberg's finances and was previously the White House car czar while Cuomo is, well, going to be the next governor of New York. Gristedes billionaire John Catsimatidis said, "Nobody wants to takes sides on this one. Everyone wants to see how the pebbles fall."
Tagged
andrew cuomo
pay-to-play
state pension fund
Steve Rattner
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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