Steve Rattner, Obama's putative "car czar," was named in an SEC investigation claiming his investment firm funded distribution of a movie named "Chooch" in exchange for NY pension business. But what is "Chooch?"

Steve Rattner, the former NYT reporter and the man tasked with leading the Obama administration's efforts to restructure the auto industry, has been described in Securities and Exchange Commission documents as having arranged for his investment firm, the Quadrangle Group, to pay more than $1 million to obtain New York State pension business.