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Senor: Administration not supporting Rice

WASHINGTON, Dec. 2 (UPI) -- The White House has not supported U.N. Ambassador Susan Rice, who is under media scrutiny as a potential Cabinet appointee, a Republican campaign adviser said.
GM says losses on Volt 'grossly wrong’

GM says losses on Volt 'grossly wrong’

It's not often a passenger car is turned into a political football – but that is what has happened to GM's gas-electric, plug-in hybrid, the Chevrolet Volt.
AL SWANSON, UPI Auto Writer

Rattner settles Cuomo suit for $10M

NEW YORK, Dec. 30 (UPI) -- Steven Rattner, President Barack Obama's former car czar, has agreed to pay New York state $10 million to settle two lawsuits over a pension kickback scheme.
Bloomberg pulls $5 billion from Quadrangle

Bloomberg pulls $5 billion from Quadrangle

NEW YORK, Feb. 20 (UPI) -- New York Mayor Michael Bloomberg is moving about $5 billion of his personal fortune from the Quadrangle Group to a new investment firm, a spokesman said.

Rattner leaving administration auto post

WASHINGTON, July 13 (UPI) -- Steven Rattner is resigning as the Obama administration's top adviser on the auto industry, U.S. Treasury Secretary Timothy Geithner said Monday.
GM's corporate culture under scrutiny

GM's corporate culture under scrutiny

WASHINGTON, June 11 (UPI) -- The U.S. government's strategy for overhauling General Motors Corp. includes a shakeup of GM's corporate culture, a top White House adviser said.

Auto rescue chief's firm faces questions

NEW YORK, April 22 (UPI) -- A U.S. investment firm run by Steven Rattner, who heads the White House's efforts to rescue the auto industry, is struggling for its future, observers say.

Housing ills stall car sales

WASHINGTON, April 3 (UPI) -- Some issues behind the U.S. housing collapse are also behind a stockpile of vehicles awaiting shipment to showrooms, a U.S. Treasury Department aide says.

Obama panel wants Big 3 to stay afloat

WASHINGTON, March 16 (UPI) -- The Obama administration's so-called car czar said Monday his focus remains on helping steer the Big Three U.S. automakers away from bankruptcy.

Nationalization is few bailout checks away

WASHINGTON, N.Y., Feb. 24 (UPI) -- The U.S. government may be reluctantly forced to take control of major corporations including banks and carmakers, experts say.
Top Treasury job a bailout unknown

Top Treasury job a bailout unknown

WASHINGTON, Sept. 25 (UPI) -- A critical, but murky aspect of the $700 billion financial bailout plan under debate in Washington is choosing a successor for the plan's designer.
Wiki

Steven Lawrence Rattner (born July 5, 1952) was an American financier and private equity investor who was one of four founding partners of the private investment firm Quadrangle Group, which invests in media and communications companies globally. On February 23, 2009, the Wall Street Journal announced that Rattner would be named to the Treasury Department as auto industry adviser. The New York Times reported that he would be lead advisor and leader of the industry group for Treasury Secretary Timothy Geithner. Rattner is a major political fundraiser for Democrats and was (until July 2010) co-leader of the White House task force that restructured General Motors and Chrysler. Since then he has been "promoting his new book on the auto industry". Suits in New York have sought restitution and punishment against Rattner for his involvement in a pension related kickback scandal.

A graduate of Brown University, Rattner started his career as a reporter with The New York Times, first at the Washington bureau, where he became close friends with Times' ownership-family member Arthur Sulzberger, who also was at the time working as a reporter; and then at the London bureau. Subsequently, Rattner quit journalism and joined Morgan Stanley, where he founded its communications group.

In 1989, Rattner joined Lazard Freres as a general partner. He founded the partnership's media and communications Group. Rattner was involved in completing various deals for companies such as Viacom and Comcast. In 1997, he became Lazard's deputy chairman and deputy CEO, a new position.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Steven Rattner."
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