It is good to have friends in high places, just ask Jon Corzine. And now you can also ask Steve Rattner who only a few years ago got an SEC ban (nearly life-time one) from from the securities industry is back at Guggenheim! Of course, it could be that there is no connection to his high profile role as the Auto-bailout Czar as the SEC did NOT place a life-time ban back in 2010. We will let the readers decide..
The U.S. Securities and Exchange Commission approved barred financier Steven Rattner to work on deals for the investment banking unit at Guggenheim Partners this week. Rattner was barred in 2010 for his role in a pay-to-play scheme involving the New York State Common...
