Rattner to Pay $10 Million in Settlement With Cuomo

The New York Times reports:

The New York attorney general, Andrew M. Cuomo, announced on Thursday an agreement with Steven L. Rattner that resolves allegations that Mr. Rattner engaged in a kickback scheme involving the state’s pension system.

Under the terms of the settlement, Mr. Rattner will pay $10 million in restitution to the State of New York and will be barred from appearing in any capacity before any public pension fund in the state for five years. He did not admit to any wrongdoing.

Just five years. Ah, to be a big time Democrat in New York.