Steve Rattner, the former car czar and founder of Quadrangle Group, just got run over by his former firm.

After settling this morning with Andrew Cuomo and the SEC., Quadrangle issued a statement saying “we wholly disavow the conduct engaged in by Steve Rattner, who hired the New York State Comptroller’s political consultant, Hank Morris, to arrange an investment from the New York State Common Retirement Fund.  That conduct was inappropriate, wrong, and unethical.” Damn that’s harsh. Continue reading »