During a meeting in the West Wing of the White House this month, President Barack Obama’s aides posed an unusual question to business leaders across the table: How can the administration help House Speaker John Boehner?
President Barack Obama urged a group of business leaders including McDonald’s Corp. Chief Executive Officer Donald Thompson and Marriott International Inc. CEO Arne Sorenson to put pressure on congressional Republicans to pass a new immigration law by year’s end.
Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever seen.
Roger Altman , founder of Evercore Partners Inc. and a former deputy treasury secretary, is a leading candidate to replace Lawrence Summers as director of President Barack Obama ’s National Economic Council, according to two people familiar with the matter.
Evercore Partners Inc. , the investment bank led by Roger Altman , is climbing the ranks of Wall Street’s top advisers on mergers and acquisitions after winning roles in some of the year’s biggest deals.