There's more to be said about the Andrew Cuomo-Steven Rattner situation, and I will do so sometime soon. But until then, today's front-page New York Times article is really a classic. The Cuomo camp deals with the Rattner camp's complaint that it is an unfair prosecution by leaking to the Times that it might go after Mr. Rattner for perjury? Think about this for a minute. If Mr. Cuomo wants to charge Mr. Rattner with perjury, he can go ahead and do that and take his chances in court. But leaking and hinting to the Times, in essence, that if Mr. Rattner doesn't settle the civil charges against him, Mr. Cuomo might go after him for perjury is exactly the sort of bullying prosecutorial behavior that Mr. Rattner's allies are upset about to begin with. The Times article, rather than dispelling those concerns about how Mr. Cuomo and his office have handled the matter, compounds them. The Times reporters, alas, seem not to comprehend this.
How Cuomo Operates
by Ira Stoll | Related Topics: New York, State-pension-fund capitalism, Steven Rattner receive the latest by email: subscribe to the free futureofcapitalism.com mailing list