Steve Rattner: Portrait of a Jewish Insider

[scorpio]

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  Steven Rattner: CAR CZAR - Jewish.
http://www.realjewnews.com/?p=380

Lead Advisor to the Presidential Task Force on the Auto Industry
This is a cabinet-level group to facilitate expenditure of $130 billion of U.S. taxpayers' funds on the auto industry.  It should be noted that the Task Force is made up of 2 co-chairs, Timothy Geithner and Larry Summers, as well as 9 other "Members" (one of whom is Ron Bloom, who was a VP at Larzard with Rattner) and 11 "Official Designees."
 http://en.wikipedia.org/wiki/Presidential_Task_Force_on_the_Auto_Industry

Come to find out, it really is just like "Sex in the City" and it really is all about the kinds of parties you can throw at your gigantic Manhattan Apartment.  Vanity Fair wrote a profile calling him "the most talked-about investment banker of his generation." Read a 3 page article entitled Autumn of the Moguls (from a book of the same name) by a fellow Jew (Wolff) who was invited to a "book party" that is suppose to be the NY equivalent of a Tupperware party.   This affair took place back in 2003, it is fascinating and enlightening!!

To read the entire article:  http://nymag.com/nymetro/news/media/features/n_9460/

 "The elevator opened into a massive foyer that in turn opened into an even larger anteroom (all of these rooms were the size of other people's two-bedroom apartments) that opened into the main gallery running in front of Central Park and the Metropolitan Museum of Art. The room was a careful, muted, just-so green affair, with much elaborate and detailed plasterwork.  The billionaire George Soros lived in the same building."    :shock:

The article goes on to detail how he went from a from a Times reporter (where he became close friends with Times' ownership-family member Arthur Sulzberger), into investment banking where he made hundreds of millions, then used those funds to buy his way into politics.  "Rattner began to plan his segue from Lazard and banking and into a different kind of public life.  He had risen through the ranks of Clinton-administration favorites, contributing money, raising more dough, playing personal host to the homeless First Family, and now successfully transferred this affinity to Gore and his prospective administration. He was about to be that historically important figure, the Wall Street guy who goes to Washington."  

"But it didn't turn out that way. The Democrats died.  So he started a fund.  There is a special way that people who know about funds say the word fund. A fund is a rich man's vehicle for self-realization and expression. Because you have made money before, money is now going to come to you, reside under your command like the armies of lesser lords. The money is your instrument. The fund is your nation."

THE FUND IS YOUR NATION?  Can you say Bernie Madoff?  Just like there is a special way that people who are Jews can spot other Jews and NOT say the word Jew. Typical of greedy Jew behavior, he is moving ahead with the completion of his true Jew Palace on Martha's Vineyard that will be 15,500 sq. ft, extremely large, even by the standards of the elite.  Even though it is next to a sacred Indian burial ground, he still got the go ahead from the county.  It's good to be connected!

"Rattner quit journalism and joined Morgan Stanley, where he founded their Communications Group. In 1989 he joined Lazard as a General Partner; he founded their Media and Communications Group. Rattner was one of the most influential media advisers at the time, completing various deals for giants such as Viacom and Comcast. In 1997 he became Lazard's deputy chairman and Deputy CEO, a new position. He stepped down from those positions in 1999, and left Lazard in 2000, with three other partners in that firm, to found the Quadrangle Group.  In January 2008 it was reported that, through his friendship with Rattner, New York City Mayor Michael Bloomberg's extensive business interests were placed in "a sort of blind trust" because of Bloomberg's possible run for the presidency." http://en.wikipedia.org/wiki/Steve_Rattner

"Rattner has emerged as a player in an influence peddling scandal involving a giant state pension fund that provides retirement benefits for more than 1 million government employees.  The case has already led to criminal charges against six people, including the retirement system's former top investment official.  Authorities say Rattner is unlikely to face charges, (again, good to be connected)..." Rattner's wife, Maureen White, became fundraising chair of the Democratic National Committee. She and her husband raised millions of dollars for Al Gore, John Kerry and Hillary Clinton, all of whom were said to have been considering Rattner for an appointment as high as cabinet secretary if they had won.  President Bill Clinton dined at his home on Martha's Vineyard the week he admitted his affair with Monica Lewinsky."
http://www.newsvine.com/_news/2009/06/06/2903081-probe-clouds-star-turn-for-auto-negotiator-rattner

Edward Jay Epstein gives an eye-opening account of exactly how this 'insider's fund' worked.  "New York State investigators may yet unravel one of the more intriguing mysteries of new financial order: why officials in charge of pension funds and endowment funds outsourced over $100 billion of other people's money to buyout partnerships. These institutions, in fact, provided about three-quarters of all the investment equity used by the top 100 private equity firms to fuel the leveraged buy-out craze of 2004-2008.In 2006 alone the ten largest, led by Calpers, the New York State Common Retirement Fund, and the Washington State Investment Board, sunk over $101 billion into private equity partnerships. These groups, after borrowing another 60 to 70 percent for leverage, would then buy entire businesses with the aim of re-organizing and re-selling them."  He goes on to give shocking details of exactly how this scandal works.
To read the entire article: http://www.thedailybeast.com/blogs-and-stories/2009-04-21/questions-for-obamas-car-czar/

Press Secretary, Robert Gibbs confirmed that Obama was aware of the SEC investigation into Rattner's influence peddling scandal, but appointed him anyway.  We understand that Rattner got in because he has a lot of money and is not afraid to use it to buy whatever he wants, including a seat in Obama's cabinet.  The question is, why the "Car Czar" ?  Rattner has no experience in manufacturing or the auto industry, yet he is in charge.  Why?

He does have experience "influencing" people and he has plenty of experience managing other people's money and pension funds.  His idea to "save" GM is to screw the workers, the pensioners, the shareholders and everyone else who is not an insider.  He wants to use the pension funds to pay off big banks like Citi and Morgan, when they were not even preferred creditors in the Bankruptcy.  (Don't forget that "Stevie the Rat"  :twisted:  started out at Morgan.)  So we see again that that as long as you are rich, Jewish and connected, you can get anywhere and break whatever laws needed to get there.

[CrackSmokeRepublican]

viewtopic.php?f=33&t=5740&p=22383&hilit=Rattner#p22383

[scorpio]

Cracksmokerepublican - Nice link. BTW I always appreciate your links and comments on TIU....even if you are part of the far right! :lol:
Every man must make his choice WTS hits the fan....
Hope I didn't step on your topic....

Scorpio11

[CrackSmokeRepublican]

By all means Scorpio11, feel free to pile more on this obvious Jewish crook Stevie Rattner.  It's actually good to see more key news on him.  

Just a heads up that it's good to use that Search bar above since we have a lot of topics at TIU that could always use a fresh look over and dusting off.  I've found very live topics to add to myself.