Rattner Under Pressure
Financier Steve Rattner resigned as "car czar" on Monday to spend more time with his family. You didn't believe that excuse, of course. But now we have a better idea of what it was that ultimately brought Rattner's DC stint to an end. Attorney General Andrew Cuomo has been trying to reach a settlement with Rattner over charges his private equity firm paid bribes to state officials to secure investments from the state pension fund. But a deal hasn't been reached yet, it seems, so "Cuomo's investigation of Rattner has 'intensified' in recent weeks." Let's hope Rattner comes to his senses and works something out with Cuomo. He may not have a job in Washington any longer, but Hollywood is still waiting with baited breath for Rattner to live up to his true potential. [Reuters]