NEW YORK (Reuters) - The former head of New York's Liberal Party and a founding partner of Aldus Equity have pleaded guilty to taking part in a kickback scheme that corrupted how the state pension fund chose investment managers, state Attorney General Andrew Cuomo said on Tuesday. The two-year probe, joined by the U.S. Securities and Exchange Commission and ...

A political power broker and an investment executive who advised government officials in several states have pleaded guilty to securities fraud in connection with a "pay-to-play" scandal at New York's public pension fund. Raymond Harding, the one-time head of New York's now-defunct Liberal Party, entered ...

The Pacific Corporate Group, a company that helps big government pension funds decide how to invest their money, has agreed to pay $2 million to extract itself from a corruption investigation in New York. The settlement, announced Wednesday, will spare the firm from criminal or civil ...

Steven Rattner had but one assignment when the president brought him to Washington in February. But it was a big one: Save the American auto industry. The job has consumed the 56-year-old investment banker. Working long days out of a basement office in the Treasury ...