The long-standing wisdom that everyone wins in a single world market has been undermined. Global trade, capital flows, and immigration are declining. Roger Altman capitaldeclineflow Change image and share on social
If a lending institution is faced with bids for a package of toxic assets that are less than the carrying value of those assets, the sale of those assets would trigger a further loss and reduce the underlying capital of the institution. Roger Altman assetbidcapital share on social
The idea that America, whose oil production has been declining for the past 40 years, is now on track to become the world's biggest producer by 2015 is still hard to grasp. Roger Altman americabigdecline Change image and share on social
China is beginning to act more like a world citizen. We need China to be more active on the world stage. For example, we should want China to be a bigger participant and a bigger shareholder in the IMF. We should want it to be an even more active participant in the G8 and G20. Roger Altman actactivebegin share on social
Within a few months in 2008, household finances were crushed as asset values fell, millions of jobs were lost, countless credit cards were canceled, and thousands of homes were foreclosed on. Roger Altman assetcanceledcard Change image and share on social
Reasonable mergers generate substantial synergies, so that provides for earnings and cash-flow growth even if it doesn't provide for revenue growth, and I think that's a big driver. Roger Altman bigcashdriver Change image and share on social
There are a lot of anachronisms in Washington, but the need to periodically raise the debt limit by Congressional vote is certainly one of them. Roger Altman anachronismcongressionaldebt Change image and share on social