Bloomberg TV Report on Rattner, Cuomo

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Dec. 30 (Bloomberg) -- New York Attorney General Andrew Cuomo said he has reached an agreement with Steven Rattner, former founding principal of private equity firm Quadrangle Group LLC, stemming from a probe of corruption in the state pension fund. Rattner will pay $10 million in restitution to the state of New York and be banned from appearing in any capacity before any public pension fund within the state for five years. Bloomberg's Julie Hyman reports. (Source: Bloomberg)


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