Roger Altman
Roger Altman
Roger Charles Altman is an American investment banker, the founder and executive chairman of Evercore, and a former Democratic politician. He served as Assistant Secretary of the Treasury in the Carter administration from January 1977 until January 1981 and as Deputy Secretary of the Treasury in the Clinton administration from January 1993 until he resigned in August 1994, amid the Whitewater controversy...
NationalityAmerican
ProfessionBusinessman
Date of Birth2 April 1946
CountryUnited States of America
The United States is much further along because its financial crisis struck three years before Europe's, in 2008, causing headwinds that have pressured it ever since.
Too many companies are just being big for the sheer sake of it. Too many CEOs thinking bigger is better.
We feel there are about eight projects which we feel wouldn't have advanced without New Jobs for New York.
Ed is a visionary. He has a very long-term point of view and he knows exactly what he believes in. You don't meet many people who are as sure in what they believe in, long-term, as Ed does.
Real GDP growth has been relatively healthy, but most Americans don't feel it. It's a transformative time for the U.S. economy.
Russia's oil fields are mature and require capital and Western technology even to keep production flat.
The 2008 financial crisis and the Great Recession that followed have had devastating effects on the U.S. economy and millions of American lives. But the U.S. economy will emerge from its trauma stronger and widely restructured.
The 2008 economic crisis and Great Recession forced widespread restructuring throughout the U.S. economy - not unlike a company gritting its teeth through a lifesaving bankruptcy.
If a lending institution is faced with bids for a package of toxic assets that are less than the carrying value of those assets, the sale of those assets would trigger a further loss and reduce the underlying capital of the institution.
Many Russia experts note the deep and sad capacity of the Russian people for suffering.
China is beginning to act more like a world citizen. We need China to be more active on the world stage. For example, we should want China to be a bigger participant and a bigger shareholder in the IMF. We should want it to be an even more active participant in the G8 and G20.
Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on.
There are a lot of anachronisms in Washington, but the need to periodically raise the debt limit by Congressional vote is certainly one of them.
We live in an era where the global capital markets are the super power in the world, and when they move against you as they've moved against Russia, as we've all seen in the ruble, there's nothing that can stop that.