Car Czar Consulting says: Nuts! Perp-walks and jail time are needed as teaching moments for the well-connected. Buzz This Post Post to Delicious Digg This Post
Car Czar Consulting says: per WSJ, (Steve) Rattner Banned from Markets, Says NYT. Steven Rattner, the “Car Czar” sent by Obama to fix General Motors and Chrysler, has been banned from the securities industry for a period of multiple years by the Securities & Exchange Commission, and will pay a fine of $5 million, the New York Times’s Louise Story and Peter Lattman write this afternoon, citing an anonymous source. The settlement is meant to resolve a multi-year investigation...
Car Czar Consulting says: From: Instapundit: HuffPo has a leaked copy of former “car czar” Steven Rattner’s new book Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry which bears the dubious honor of being the first “kiss-and-tell” book to emerge from the Obama administration. The book evidently glosses over Rattner’s own troubles with the SEC that created just enough heat to send him back to the comfort of “private life.” Instead Rattner focuses on dishing...