Which is precisely why we posed to Rohatyn the question: who is there alive today that could serve as the next chapter in his book?
Rohatyn and Rendell at
So what bold endeavor would Rendell champion?
“I would like to see, [as a] capstone of Felix’s wonderful, wonderful career . . . for him and the rest of us be persuasive enough to have this country launch a ten-year infrastructure revitalisation program,” he said.
The program “would create millions of jobs, tremendous business for American manufacturing and would repair and revitalise this country’s infrastructure in a way that would make it safer, economically competitive, and improve the quality of our lives,” Rendell added.
That’s a little different from Rohatyn’s own answer to the same question. The next bold endeavor, he said, would be “something like the RFC,” or Reconstruction Finance Corporation – the Depression-era government financial institution that helped the US stabilise its banking system and other vital sectors of the economy.
This is not to say that there isn’t a lot of common ground between the two men. Both are undoubtedly passionate about infrastructure as a priority and are staking their reputations on making a National Infrastructure Bank a reality.