Mayor Won’t Forsake Rattner

Michael Bloomberg is known for being fiercely loyal to his friends, and today, the mayor offered support to his embattled money manager, Steve Rattner–whose former company, in a blistering statement this morning, “disavowed” its co-founder and agreed to cooperate with the attorney general in an ongoing probe into whether Mr. Rattner illegally secured state pension contracts.

“He’s a friend whose advice the Mayor has, and continues to, rely on,” emailed Stu Loeser, a spokesperson for the mayor. 

Mayor Won’t Forsake Rattner