Revisiting the Crisis Playbook

Rozens, Aleksandrs
October 2010
Investment Dealers' Digest;10/29/2010, Vol. 76 Issue 40, p1
Trade Publication
The article offers information on Felix Rohatyn's insights regarding budget problems in New York City. Rohatyn was part of the group who responded to the financial crisis by creating Municipal Assistance Corp. It states that most of the city's budget problems came in 1975, when the city could not readily roll over its short-term debt and MAC helped the city secure much-needed financing.


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