Ratting Out Steve Rattner

Before we decide whether to hang him or chop off his head, I think we can all agree that Steven Rattner -- President Obama's man in charge of saving the American auto industry -- is totally innocent. "Neither Mr. Rattner nor [his former investment firm] Quadrangle has been accused of any wrongdoing," the Wall Street Journal revealed under the headline "Rattner Involved in Inquiry on Fees." The New York Times went with "In State Pension Inquirty, a Scandal Snowballs," but another Times story said, "There is no indication . . . that Mr. Rattner faces criminal or civil charges." The Journal editorial page declared that "there's no public evidence that he broke any laws," before recommending that government employee pension funds be taken away from "political actors" and turned over to the private sector.