![]() ![]() Treasury Secretary Lloyd Bentsen to take Altman on as his Deputy Secretary. When Bill Clinton was elected in 1992, he urged U.S. He also advised two New York City Mayors, Ed Koch and David N. Dukakis, and Arkansas Governor Bill Clinton. Mondale, Massachusetts Governor Michael S. During the Reagan-Bush years, he fundraised for Democratic politicians such as Vice President Walter F. In 1987, Altman joined the Blackstone Group as vice-chairman and head of its mergers and acquisitions advisory business. During the 1980s, he was a lecturer and adjunct professor at the Yale University School of Management. In 1981, he returned to Lehman Brothers, where he became the co-head of investment banking and served on the board of the company and the management committee. As Assistant Secretary, Altman played a "role in negotiating the Federal Government's $1.5 billion bailout of the Chrysler Corporation." Treasury from 1977 to 1981 under President Jimmy Carter, for whom he had fundraised when Carter was Governor of Georgia, and campaigned for in 1976, as well as working on his transition team. He left Lehman in 1977 to serve as Assistant Secretary for Domestic Finance in the U.S. ![]() In 1974, he was made general partner at the age of 28-the youngest in Lehman's history. Career Early career Īfter graduating from business school in 1969, Altman began working at Lehman Brothers, where he grew close to chairman Peter G. In 1969 he earned an MBA from the University of Chicago Booth School of Business, but took time off in 1968 to work in Indiana organizing volunteers for Robert F. He attended Georgetown University, where he met future President Bill Clinton, and earned a Bachelor of Arts degree in 1967. His father, a food broker, died when he was 10 years old, and his mother, a librarian, raised Altman and his brother as a single mother. Early life and education Īltman was born in Brookline, Massachusetts, and was raised in Boston as a Catholic. He served asĪssistant 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. Roger Charles Altman (born April 2, 1946) is an American investment banker, the founder and senior chairman of Evercore, and a former Democratic politician. ![]()
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