Results tagged “agcuomo”

Obama Adviser's Equity Firm Tied To State Pension Scandal

The state pension scandal, in which investment firms allegedly paid middlemen—state employees who were aides of former comptroller Alan Hevesi—to be included in the fund, has now apparently reached the Beltway. Sort of. Steve Rattner, who founded private equity firm The Quadrangle Group but is now heading up President Obama's auto industry task force, is apparently listed in the SEC's documents. The NY Times reports that while Rattner is not named, he is "described... as having arranged for his investment firm to pay more than $1 million to obtain New York State pension business." A U.S. Treasury spokesperson said Rattner let the Treasury know about the investigation before coming aboard.

Governor David Paterson asked Attorney General Andrew Cuomo for legal alternatives concerning the chief judge nominees list. With Chief Judge Judith Kaye retiring from the State Court of Appeals this year, a state panel submitted a list of candidates to replace her--the state constitution says the governor must pick from that list--but Paterson was "disturbed" that the list lacked women!

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