Skip to main content

Presented Without Comment: No, That's Not A Joke

Steven Rattner, head of the U.S. Treasury Department's automotive team, has a net worth of at least $188 million and held shares in an investment fund run by the majority owner of Chrysler LLC, according to his financial- disclosure statement.
Rattner, co-founder of Quadrangle Group LLC, also bet as much as $150,000 on General Motors Corp.'s senior secured loans using a credit-default swaps index that guarantees the secured debt of 100 companies, including GM, the filing shows.

Rattner Worth at Least $188 Million, Disclosures Show [Bloomberg]