Rattner is currently chairman of Willett Advisors LLC, the funding firm that manages New York Mayor Michael Bloomberg's personal and philanthropic assets. Kernen was lively on Twitter Thursday afternoon however has not publicly responded to Rattner's comment. In 2010, Rattner did pay $10 million in fines when he settled with the New York state attorney basic for his alleged involvement in a pension fund scheme. Rattner did not respond to requests for touch upon the Twitter ( TWTR , Tech30 ) put up about going to jail.
Whereas Rattner was by no means charged criminally, some others who had been involved in the same scheme, equivalent 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 bankruptcy. Rattner additionally paid $10 million in fines to the Securities and Change Commission in 2010 for alleged involvement in a New York State pension fund scandal. In his Occasions op-ed, Rattner cherry-picks info to help his predetermined conclusion about Fiorina's unfitness as a CEO at Hewlett-Packard, Concha says.
Rattner is married to Maureen White, who served for 5 years as finance chair for the Democratic Nationwide Committee and is now the Senior Advisor on Humanitarian Points to the Particular Consultant-Afghanistan and Pakistan for the U.S. Division steven rattner of State. Yet when Rattner was at Quadrangle, the firm paid an advisor to assist win pension fund enterprise.