Has anyone learned the name of the "new" firm he created when he wrongly hoped that Quadrangle would take the fall and not he, himself?
Rattner took Mike Bloomberg's billions for charity -- and some say to win favor in case he runs for President and that is why he switched his charitable givings to a broader national level.
Is Rattner going to be banned by the SEC? If he is this will be devastating for him for many reasons and far more challenging to push his book on rescuing the auto industry although having to step down from his job at The White House did not help...and Rattner says he stepped down to spend time more time with his family...yeah right.
If he gets banned his will be a first and a big scandal. President Obama and mayor Mike both stood by Rattner a big democratic fund raiser. Rattner like the president of the evil empire NYU urged Mike Bloomberg to steal, oops, run for a third term.