Felix Rohatyn
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Felix George Rohatyn (born May 29, 1928 in Vienna, Austria) is an American investment banker known for his role in preventing the bankruptcy of New York City in the 1970s, who also served as United States Ambassador to France.[1] He was a long term advisor to the U.S. Democratic Party.[2]
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[edit] Career in finance
Rohatyn's family lived in France from 1934 to 1942, and fled the Holocaust with the help of Luiz Martins de Souza Dantas. [3] He received his Bachelor of Science degree in physics from Middlebury College in Vermont in 1949 following which he joined the New York office of the investment bank Lazard Frères under André Meyer. He was made partner in the firm in 1961 and later became Managing Director. Rohatyn became widely known in the 1970s for successfully restructuring New York City's debt and resolving the city's fiscal crisis. In 1996 the Clinton administration put forward his candidacy for the post of Vice Chairman of the Federal Reserve, but a formal nomination was not made because of ideological opposition from Republicans. [4]
In 1990, he received The Hundred Year Association of New York's Gold Medal Award "in recognition of outstanding contributions to the City of New York." Mr. Rohatyn is also the recipient of The International Center in New York's Award of Excellence.
On August 22, 2006, he was appointed by Lehman Brothers as chairman of its international advisory committee and as a senior adviser to its chairman, Richard S. Fuld, Jr.
[edit] Diplomacy and foreign policy
Rohatyn served as United States Ambassador to France from 1997 to 2000 during the second Clinton Administration and is a Commander in the French Legion of Honor. He is a member of the Council on Foreign Relations and the American Academy of Arts and Sciences.
[edit] Selected books
- Rohatyn, Felix (1983). The Twenty-year Century: Essays on Economics and Public Finance. New York: Random House. ISBN 0-394-53450-6.
- Béchat, Jean-Paul; Felix Rohatyn (2003). The Future of the Transatlantic Defense Community: Final Report of the CSIS Commission on Transatlantic Security and Industrial Cooperation in the Twenty-first Century. Washington, D.C.: CSIS Press. ISBN 0-892-06425-0.
[edit] References
- ^ State Dept Biography
- ^ Felix Rohatyn named trustee of Middlebury College
- ^ Herbert, Bob. "Acts of Quiet Courage", New York Times, April 11, 2005. Retrieved on 3-01-2008.
- ^ Haberman, Clyde. "NYC;Talent Lost to a Failure Called Politics", New York Times, February 23, 1996. Retrieved on 3-01-2008.
[edit] External links
- Charlie Rose Show, 12/21/2000 The Life of Felix Rohatyn, 53 minutes, with Felix and Elizabeth Rohatyn and Hugh Carey.
- Rohatyn talk on New York City fiscal issues at Columbia University
- Namebase Entry
| Preceded by Pamela Harriman |
U.S. Ambassador to France 1997—2000 |
Succeeded by Howard H. Leach |
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