Steve Rattner Leaves Quadrangle Group, Effective Immediately

Steven Rattner has stepped down as managing principal of Quadrangle Group, in order to become Counselor to Treasury Secretary Geithner. Among his duties will be to lead the team advising Geithner and Larry Summers on the automobile sector. In related news, Quadrangle has named Michael Huber and Joshua Steiner as co-presidents of the firm.

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