For example, in Cambridge you might wander into a college and admire its fine cloistered "court" - but in Oxford you would be in a "quadrangle".

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Given this depressing picture, an event on June 2nd in a rain-soaked quadrangle in Toulouse was startling.

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As the couple began their two-hour visit, a choir could be heard from the quadrangle, singing the St Andrews University song Gaudeamus.

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Nothing came of that, but a year later the discussions between the Quadrangle executive and the movie producer began again, with the Quadrangle executive pushing an affiliated company to offer the producer DVD distribution.

FORBES: As Quadrangle Settles Pay-To-Play Charges, It Flames Rattner

Mr. Rattner, who is no longer with Quadrangle, also helped arrange to distribute a low-budget movie, "Chooch, " produced by the brother of a pension official.

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One is Vinicius Vacanti, 29, who ditched a career in private equity that included stints at Blackstone Group and Quadrangle Group.

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The Quadrangle affiliate ultimately agreed to make and distribute the DVD at a discount from its standard fee.

FORBES: As Quadrangle Settles Pay-To-Play Charges, It Flames Rattner