Originally appeared in the The New York Times. In my career, I have been a substantial beneficiary of the so-called “carried interest” loophole, the tax provision that provides an indefensibly lower tax rate on profits earned by private equity investors, hedge fund operators, real estate developers (presumably including President Trump) and the like. And I continue […]
Originally Appeared in The New York Times. Perhaps not surprisingly, President Trump seemed to treat the appointment of a new head of the Federal Reserve — arguably the most important personnel decision he has faced — a bit like a season of “The Bachelor,” dangling tantalizing hints before handing the rose to Jerome H. Powell. In […]
Originally appeared in the The New York Times. Repeal-and-replace may be done for now, but for Senator Bernie Sanders, the war is just beginning — and it has already become a fracas that is dividing the Democratic Party, to its detriment. Mr. Sanders — who, of course, isn’t even a registered Democrat — is banging […]
“[a] surprisingly modest account…Rattner has a journalistic talent for the telling detail, resulting in a memorable tale of life in the middle of the economic meltdown...Rattner deftly draws portraits of the inhabitants of "the Oval" and the West Wing...Rattner has proved himself a gifted chronicler.”
-Time Magazine
