Soros-Rohatyn

[Carl Remick]

Reading the current LBO's review of the Soros book, I was reminded of
the Soros-equivalent of a bygone era:  our current ambassador to France,
Felix Rohatyn.  A decade ago and before, Rohatyn was forever inveighing
against the evils of Capital in much -discussed op-eds, etc., while
raking it in as managing director at  Lazard Freres and Company.
Rohatyn's best remembered, of course, as chairman of New York City's
Municipal Assistance Corporation 1975-93 -- an episode where he was
widely credited for masterminding a bailout of NYC's finances, when what
he bailed out (need it be said?) was NYC bondholders.

Carl Remick