Former Car Czar Settles With SEC, Fights N.Y. AG

by Yuki Noguchi, NPR
November 19, 2010

The Securities and Exchange Commission has settled its case against Steven Rattner, the Obama administration's former car czar. But the investment banker faces two new lawsuits by New York Attorney General Andrew Cuomo, seeking a $26 million fine and a lifetime ban from the securities business.

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