Word: rattner
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...Currently, the Administration's attention is on The Motor City where unemployment has hit 22%. Steve Rattner, a former media industry investment banker who has somehow become the Treasury's point man for the car business, says that GM (GM) and Chrysler will need more money than had been previously forecast. His comments are those of a man driving into the future while looking into the rearview mirror. Once U.S. light vehicle sales dropped over 30% the first two months of the year it was clear that the American auto companies would lose billions of dollars more than they forecast...
...several of Gore's former backers plan to meet this week to consider their options. "This is the first time in my experience there's not been an obvious candidate that all the most engaged activists here are going to get behind," says one of them, investment banker Steve Rattner. "At the moment, it's a real free...
...detailed way, and the great thing about the President is that he gets into a detailed level with anybody. I've seen him talk about records with David Geffen, where he can talk about an obscure 1950s bebop act, talk economics with investment bankers like Felix Rohatyn and Steven Rattner, talk movies with Steven Spielberg or Tom Hanks...
...deeply patient man," Nane says. "I have never heard him raise his voice." Fixtures on the New York social circuit, the two sometimes drop into three parties in one evening. Last week they were scheduled to attend a dinner on Tuesday at the home of investment banker Steve Rattner; on Sunday Kofi phoned Nane from Baghdad, telling her to assure the hosts he would make it back in time. Holbrooke recalls attending a bash with the Annans at the Waldorf-Astoria last year. "There was a dance band, and most people wandered out at the end," he says...
Gates was surprised to learn that such a statement would be cheap: $1 billion could buy about 11% of Comcast. (A similar slice of his company would cost $18 billion.) Roberts soon returned to Seattle with his investment banker Steven Rattner, the newly elevated deputy CEO of Lazard Freres in New York City. Like Roberts and Gates, Rattner is a low-key baby boomer with an intense interest in media and technology. On a Tuesday morning, four weeks after the dinner, Gates and Greg Maffei, Microsoft vice president for corporate development, went to Rattner's suite at the Woodmark Hotel...