Top 16 Quotes & Sayings by Felix Rohatyn

Explore popular quotes and sayings by an American businessman Felix Rohatyn.
Last updated on December 21, 2024.
Felix Rohatyn

Felix George Rohatyn was an American investment banker and diplomat. He spent most of his career with Lazard, where he brokered numerous large corporate mergers and acquisitions from the 1960s through the 1990s. In 1975, he played a central role in preventing the bankruptcy of New York City as chairman of the Municipal Assistance Corporation and chief negotiator between the city, its labor unions and its creditors.

In the 1970s, New York City avoided bankruptcy because wise political leaders like Gov. Hugh L. Carey believed both in strong labor unions and robust banks and companies.
At its core, banking is not simply about profit, but about personal relationships.
The whole market mechanism and its evolution is something that, I'm kind of of the Buffett School. You know, if I see a derivative, I run the other way. — © Felix Rohatyn
The whole market mechanism and its evolution is something that, I'm kind of of the Buffett School. You know, if I see a derivative, I run the other way.
Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients. And it is a service that must not simply be about making bigger and bigger deals that reap rewards for only a small group of executives.
Throughout U.S. history, competent public investments have been an essential complement to private investments - from the Louisiana Purchase, to land-grant colleges, to the Interstate Highway System, to the Internet.
I am a capitalist and I believe in making a profit.
The early years of my life were very, very traumatic. It was scary, because any child knew that death was sort of lurking around Europe as far as Jews were concerned.
Beware of lawyers and consultants and people who do not take risks and who do not get their hands dirty.
Saving New York City from bankruptcy is like making love to a gorilla. You don't stop when you're tired; you stop when he's tired.
Success in business, as in life, is often largely just a matter of luck.
Financial hydrogen bombs built on personal computers by 26-year-olds with MBAs.
Hillary Brown understands that?for our grandchildren's sake?we must rebuild America and, in doing so, re-imagine our interconnected infrastructure systems to make them more efficient, environmentally safe, and resilient in this age of global urbanization. This fascinating and important book should be required reading for our elected officials and policy-makers.
What is desperately needed... is the skepticism and the sense of history that a liberal arts education provides.
I think there are two areas where new ideas are terribly dangerous: economics and sex. By and large, it's all been tried, and if it's really new, it's probably illegal or dangerous or unhealthy.
Fairness does not require the redistribution of wealth; it requires the creation of wealth, geared to an economy that can provide employment for everyone able and willing to work.
A democracy cannot flourish half rich and half poor, any more than it can flourish half free and half slave. — © Felix Rohatyn
A democracy cannot flourish half rich and half poor, any more than it can flourish half free and half slave.
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