SEC Reaches Settlement Deal with Rattner while AG Cuomo Aggressively Pursues from News from WNYC New York Public Radio by listenerservices@wnyc.org (WNYC Radio)

Cuomo's charges that it was Rattner, at Morris’ request, that arranged for a DVD distribution deal for “Chooch,” a movie produced by the brother of David Loglisci, who was the Comptroller’s chief investment officer at the time. Rattner also made $50,000 in contributions to Hevesi’s re-election campaign. In dueling broadcast appearances on Thursday, both Rattner and Cuomo stood their ground. Rattner is still promoting his book "Overhaul," which chronicles his work as President Obama's point man tasked with saving the auto industry. He remained calm when CNBC panelists asked him about the SEC settlement and Cuomo's fresh legal action against him. "I am open to a reasonable settlement in order to move on with my life and so forth," said the confident Rattner. "And whether we achieve that or not is frankly up to the Governor-elect." Meanwhile, on his regular appearance on the radio show of New York Post editor Fred Dicker, Cuomo blasted the SEC for being too lenient. And the Governor-Elect was sharpening his sights on Rattner, whom Cuomo says asserted his fifth amendment privilege 68 times during questioning about his role in the wide-ranging scandal.

View the whole story here. See also: Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry, Crash Course: The American Automobile Industry's Road from Glory to Disaster, Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry