Word: rohatyn
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...intense Kravis agreed, submitting a document offering some $25 billion for the company, but warned, "If we don't get it back in 30 minutes, we are going away." Thirty- four minutes later, at about 8 p.m., board representatives ushered Kravis into a conference room where investment banker Felix Rohatyn, a board adviser, handed him the signed merger agreement...
...special report, investment banker Felix Rohatyn argues that the financial system is still vulnerable. Fundamental reforms are needed, he says, to prevent a banking crisis and a new stock collapse...
...called a colleague to discuss Dukakis, called the reporter to volunteer an interview of his own. The best mention comes with a self-deprecating disclaimer. The best example was a double bank shot in a Business Week cover on American Express Chairman James Robinson. The article quoted Felix Rohatyn, the head of Lazard Freres and among those most commonly mentioned for Treasury Secretary, as touting Republican Robinson for that job in a Dukakis Administration. Score one for Rohatyn. It then quoted Robinson as saying he has no desire for a Cabinet post. "There was a lot of mirth...
...pumping up the economy, the deficit encourages spending on imports. At the same time, the federal red ink helps keep interest rates high, which discourages investment in the plants and equipment needed to produce American goods that could be exported or substituted for imports. Says Investment Banker Felix Rohatyn: "Whatever we do on trade is a sham, a complete waste of time, unless we begin to tackle the budget deficit...
...House Ways and Means Committee; Donald Rumsfeld, who served as Defense Secretary under President Gerald Ford; and Dean Kleckner, president of the American Farm Bureau Federation. The Democratic leaders of the House and Senate chose their own batch of household names: Chrysler Chairman Lee Iacocca; Investment Banker Felix Rohatyn; Lane Kirkland, president of the AFL- CIO; and Robert Strauss, former chairman of the Democratic National Committee. Congressional Democrats will be represented by Moynihan and House Budget Committee Chairman William H. Gray...