Rattner’s 11/4 NYT op-ed: “The Warren Way Is the Wrong Way.” A Warren presidency is “a terrifying prospect,” for “she would extend the reach and weight of the federal government far further into the economy than anything even FDR imagined.” She might call herself a capitalist, but her “panoply of minutely detailed plans” shows that she would “turn America’s uniquely successful public-private relationship into a dirigiste, European-style system. If you want to live in France (economically), Warren should be your candidate.”
It’s a world of sumptuous galas and power lunches, strategic philanthropy and prestigious boards, private planes and grand estates, insider deals and mutual favors. Among the favors Rattner is now providing Bloomberg is attacking his rivals in the presidential race. Their relationship embodies the rigged system that people like Sanders and Warren are fighting.
Rattner began his career as a New York Times Journalist. He was a former Treasury official.