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Economics & Business

Felix Rohatyn

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Who

Felix Rohatyn · Economics & Business

What

Vienna-born Lazard managing director; architect of the Municipal Assistance Corporation that saved New York City from bankruptcy in 1975.

When

1928, Vienna, Austria — 2019

Where

Vienna, Austria

Biography

Felix Rohatyn is recognized among Israeli contributors to Economics & Business — Vienna-born Lazard managing director; architect of the Municipal Assistance Corporation that saved New York City from bankruptcy in 1975.

How & why

Felix Rohatyn was a Vienna-born American investment banker who fled Nazi-occupied Europe as a Jewish refugee before rising to become a long-serving managing director at Lazard. He is best remembered as the architect of the Municipal Assistance Corporation, whose refinancing plan rescued New York City from bankruptcy in 1975. He later served as U.S. Ambassador to France.

Sources & external links

Verify and go deeper with these external references.

Source: The Times of Israel

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Contributions & Sources

Vienna-born Lazard managing director; architect of the Municipal Assistance Corporation that saved New York City from bankruptcy in 1975.

1928

Source: The Times of Israel