[4] In February, 2009, Steven Rattner left Quadrangle when he was named as lead auto industry adviser to United States Treasury Department Secretary Timothy Geithner.

Moving to the new unit would be Alice Ruth, who had been recruited to Quadrangle for the Bloomberg job and "who [before that] had managed the personal fortune of Gordon Moore, Intel’s co-founder.

[4] In September, 2009, a number of other firms involved in the pension fund investigation, including Carlyle Group and Riverstone Holdings, either paid fines or had "already agreed to pay settlements and to stop using placement agents," while Rattner and Quadrangle were "among others in talks with Mr. Cuomo’s office.

According to a report, "The allegations against Quadrangle involved a movie deal that a company owned by one of the firm’s funds agreed to distribute.

That film called Chooch was a project involving a brother of David J. Loglisci, the chief investment officer of the state pension fund.