One of Loglisci's brothers put Rattner in touch with potential investors on the West Coast. These included Elliott Broidy, who sat on the board of the Los Angeles Fire & Police Pension Fund. LAFPPF committed $10 million to Quadrangle, and Broidy has since pled guilty to felony charges of rewarding official misconduct.
Dear Blog Readers: Read the article -- but getting back to NYC, Mike Bloomberg, Christine Quinn and Steve Rattner, Mike's money manager than Car Czar of the Auto Industry at The White House all side Mike had to run for a third term -- that we needed him to help us with the financial crisis.
He has not helped but made it worse and it seems to me that Steve Rattner like all the greedy corrupt developers including NYU, Cooper Union and Columbia U. wanted Mike in for a 3rd term for their ruthless financial greed all at the expense in way too many ways to count of the people, the tax payers of NY.