Cuomo, Thompson Heating Up Pension Fund Investigations
Thompson is himself looking at Quadrangle Group, an investigation that might touch Obama's car czar Steve Rattner, who had a deal with Quadrangle and Hank Morris. The Carlyle Group, whom Cuomo has been investigating for its role in the state pension follies, has also agreed to end its use of placement agents in connection with such funds. Maybe this scandal with actually lead to some fundamental changes. Whoops, did we just say that? Jinx!