CHARLIE ROSE: Felix Rohatyn is here. He is the legendary investment
banker who was pivotal in saving New York City from financial ruin more
than 30 years ago. These days, he’s focused on a much different problem --
revitalizing the nation’s once great infrastructure, which he says is
literally falling apart. He writes about that in “Bold Endeavors: How Our
Government Built America and Why It Must Rebuild Now.” In it, he reviews
10 great public investments and how they can be used as a model today. I’m
pleased to have Felix Rohatyn back at this table. Welcome.
FELIX ROHATYN: Thank you, Charlie.
CHARLIE ROSE: You know, I want to talk about what happened 30 years
ago. You know, let’s talk about it now.
FELIX ROHATYN: Sure.
CHARLIE ROSE: What was it and what are the lessons from the near
financial collapse of New York City that you and Hugh Carey, the governor,
were able to do that might be instructive about what government can do
today.
Read the full transcript here. And view the entire interview here. See also: Dealings: A Political and Financial Life
, Bold Endeavors: How Our Government Built America, and Why It Must Rebuild Now
, Dealings
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