Deals
Rattner Says Cuomo’s Lawsuit Is ‘Close to Extortion’
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Steven Rattner, co-founder of Quadrangle Group LLC, said the settlement sought by New York Attorney General Andrew Cuomo in a pension-fund kickback case is “close to extortion.”
“I have already settled in exactly the same fashion that every one of these dozen other firms have settled in,” Rattner said yesterday in an interview with the Charlie Rose television show. “And so everything else is just, frankly, close to extortion.”