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...