Steve Rattner On The Investing Panorama After The Election

Steven Rattner, chairman of Willett Advisors, the funding arm for former New York Mayor Michael Bloomberg's private and philanthropic belongings, sat down with CNBC's Mike Santoli to debate the investing landscape after the U.S. presidential election. Rattner is married to Maureen White, who served for 5 years as finance chair for the Democratic National steve rattner Committee and is now the Senior Advisor on Humanitarian Issues to the Particular Representative-Afghanistan and Pakistan for the U.S. Department of State. But when Rattner was at Quadrangle, the agency paid an advisor to assist win pension fund enterprise.

While Rattner was by no means charged criminally, some others who were involved in the same scheme, corresponding to former New York comptroller Alan Hevesi, were. In 2009, Rattner worked as the lead auto adviser to the U.S. Treasury Secretary to assist General Motors ( GM ) and Chrysler ( FCAU ) get out of chapter. Rattner also paid $10 million in fines to the Securities and Trade Commission in 2010 for alleged involvement in a New York State pension fund scandal. In his Instances op-ed, Rattner cherry-picks info to help his predetermined conclusion about Fiorina's unfitness as a CEO at Hewlett-Packard, Concha says.

In April 2010 when Quadrangle settled with the Lawyer Basic's office over the case of attracting pension fund cash, it stated that Rattner conduct was inappropriate, improper and unethical.” However that battle appeared properly in the past to one attendee the evening who mentioned the dinner felt like a coming out social gathering reflecting Rattner's determination to place the previous behind him.