Outgoing car czar caught up in scandal

July 14, 2009
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President Obama’s car czar quit his job rather abrubptly, just three short months after taking the job. He cited wanting to transition back to his personal life and family as his reason for leaving. It sure did sound kind of fishy.

The peculiar timing of Steven Rattner’s departure as White House car czar has raised questions about the course of an investigation that has scrutinized his possible dealings with the New York state pension fund. 

The probe into pay-to-play schemes, part of a long-running and wide-ranging investigation by the Securities and Exchange Commission and New York Attorney General Andrew Cuomo, reportedly has intensified as Cuomo’s office seeks additional documents from a firm Rattner co-founded. 

“Obviously he’s been a player” in the probe, said a source familiar with the investigation.

The source confirmed to FOXNews.com that Cuomo has sought documents from Rattner’s former firm, Quadrangle Group, though it’s unclear when the most recent requests were made.

Rattner is being replaced by another man with no experience in the car industry. Below is video of Glenn Beck talking to Ben Stein about Steve Rattner and the rest of Obama’s czars. Stein contends that the czars are Obama’s way of concentrating power in the White House. Ya think?

vaso link

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