jobs. A White & Case lawyer claimed that Rattner had threatened the reputation of Perella Weinberg if they continued to oppose the controlled bankruptcies; however Parella Weinberg denied this claim and The New York Times found that Rattner had never spoken with the lawyer who made the claim. Rattner later stated that the toughest decision for President Obama about the two auto companies was whether to save Chrysler. There was, however, no disagreement about asking GM CEO Richard Wagoner to step aside. By July 2009, both automakers had emerged from bankruptcy, had new management and were on their way to profitability. At that time, Rattner left Washington and returned to private life in New York. Post-political career After leaving the government, Rattner wrote Overhaul: An Insider's Account of the Obama Administration's Emergency Auto Rescue, his New York Times best-selling account of the automotive industry crisis of 2008-2010. He has continued to speak publicly on auto-related matters as well as broader economic issues. Early in 2011, he began contributing a monthly column to the Financial Times on subjects ranging from the Greek crisis to the U.S. budget deficit. He also became the economic analyst for the MSNBC news show, Morning Joe. And in June 2011, he was named a contributing writer to The New York Times Op-Ed page, publishing his first column on how government policies drive up corn prices. He is currently chairman and chief executive officer of Willett Advisors LLC, the private investment group that manages billionaire former New York mayor Michael Bloomberg's personal and philanthropic assets. New York pension fund investigation and settlements In 2005, Quadrangle retained private placement agent Hank Morris to help Quadrangle raise money for its second buyout fund. Morris had come highly recommended to Rattner from U.S. Senator Charles Schumer. Morris was the chief political advisor to Alan Hevesi, the New York State Comptroller and manager of the New York State Common Retirement Fund (CRF), which invests in many private equity funds. Morris told Rattner he could increase the size of the CRF investment in Quadrangle's second buyout fund. Rattner agreed to pay Morris a placement fee of 1.1% of any investments greater than $25 million from the CRF. In 2009, Quadrangle and other investment firms were investigated by the U.S. Securities and Exchange Commission for their arrangements with Morris. The SEC viewed the payments as "kickbacks" in order to receive investments from the