Roger Altman | |
---|---|
United States Deputy Secretary of the Treasury | |
In office January 1993 – August 17, 1994 |
|
President | Bill Clinton |
Preceded by | John Robson |
Succeeded by | Frank Newman |
Personal details | |
Born |
Roger Charles Altman April 2, 1946 Brookline, Massachusetts, U.S. |
Political party | Democratic |
Alma mater |
Georgetown University University of Chicago |
Religion | Roman Catholicism |
Roger Charles Altman (born April 2, 1946) is an American investment banker, the founder and senior chairman of Evercore, and a former Democratic politician. He served as Assistant Secretary of the Treasury in the Carter administration from January 1977 until January 1981 and as Deputy Secretary of the Treasury in the Clinton administration from January 1993 until he resigned in August 1994, amid the Whitewater controversy.
Altman was born in Brookline, Massachusetts, and was raised in Boston as a Catholic. His father, a food broker, died when he was 10 years old, and his mother, a librarian, raised Altman and his brother as a single mother. He attended the Roxbury Latin School.
He attended Georgetown University, where he met future President Bill Clinton, and earned a bachelor of arts degree in 1967. In 1969 he earned an MBA from the University of Chicago Booth School of Business, but took time off in 1968 to work in Indiana organizing volunteers for Robert F. Kennedy's presidential campaign.
After graduating from business school in 1969, Altman began working at Lehman Brothers, where he grew close to chairman Peter G. Peterson. In 1974, he was made general partner at the age of 28—the youngest in Lehman's history. He left Lehman in 1977 to serve as Assistant Secretary for Domestic Finance in the U.S. Treasury from 1977 to 1981 under President Jimmy Carter, for whom he had fundraised when Carter was Governor of Georgia, and campaigned for in 1976, as well as working on his transition team. As Assistant Secretary, Altman played a "role in negotiating the Federal Government's $1.5 billion bailout of the Chrysler Corporation."