Steven Rattner
Private Equity Investor, Former Auto Czar
Steven Rattner led the Obama Administration's efforts to restructure the auto industry in 2009 as Counselor to the Secretary of the Treasury, having taken a break from his private investment firm Quadrangle Group, LLC. He has also served as Deputy Chief Executive Officer at Lazard, after having worked at Morgan Stanley and Lehman Brothers. Rattner was also employed by the New York Times for nearly nine years, principally as an economic correspondent prior to working in finance. He is author of "Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry."
Far from being a ponzi scheme, China is the real thing, says financier Steven Rattner. In fact, if he were starting his career today, Rattner says he would seek his […]
Firms interested in recruiting and retaining talent and leaders should keep in mind the draw and potential of China.
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We cannot allow the financial sector to simply run amuck, says Rattner. The consequences of not having enough regulation “are way greater than whatever we might sacrifice by having it.”
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The former “auto czar” says working in government requires a much more collaborative, consultative, compromising management style than working in the private sector.
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5 min
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If American taxpayers hadn’t spent $82 billion to save the auto industry from economic collapse, “it’s almost impossible to imagine how big the devastation would have been.”
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To save the auto industry, Washington needed a group with financial and restructuring skills–and somebody who had a sense of Washington even if they hadn’t worked in the government.
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A conversation with the Former Counselor to the Secretary of the Treasury and Lead Auto Advisor.
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23 min
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