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
Roger Altman quotes about
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.
Reasonable mergers generate substantial synergies, so that provides for earnings and cash-flow growth even if it doesn't provide for revenue growth, and I think that's a big driver.
In this age, if the currency of a major nation collapses, or its access to borrowing ends, it just can't function.
I think Obamacare, for all its controversy, is actually working.
In September 2008, the overleveraged and undermanaged U.S. banking system suffered a terrifying collapse. And that, in turn, nearly took the whole country down.
Housing works like a trampoline. When it is pushed down far enough and long enough, it will eventually snap upward very powerfully.
Cheap natural gas is a big stimulus to petrochemical production and a meaningful one for all U.S. manufacturing.
I don't think there's a more battle-hardened veteran anywhere than Larry Summers.
As we all know, the budget decisions which give rise to increased debt are what counts, and the debt is just a by-product of those budget decisions.
The financial and economic crash of 2008, the worst in over 75 years, is a major geopolitical setback for the United States and Europe.
The idea that America, whose oil production has been declining for the past 40 years, is now on track to become the world's biggest producer by 2015 is still hard to grasp.
The long-standing wisdom that everyone wins in a single world market has been undermined. Global trade, capital flows, and immigration are declining.
The Fed is the major U.S. firefighter. It's not the Treasury. It's not the Congress. We certainly saw that vividly in 2008.
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.