Roger Altman Quotes
China is beginning to act more like a world citizen. We need China to be more active on the world stage. For example, we should want China to be a bigger participant and a bigger shareholder in the IMF. We should want it to be an even more active participant in the G8 and G20.
Altman, Roger C. Interview on Charlie Rose. PBS, Public Broadcasting Service, 2010.
The threat to which Rubin was referring was the fact that the United States, the largest dues payer to those organizations were in arrears on their dues—financially strapping the organizations. The reason for the arrears was a combination of 3 forces. There was conservative dissatisfaction with many of the policies and decisions of these international bodies. There was an effort to produce badly needed reform in those organizations, ranging from lack of transparency to toleration of massive corruption that was strongly resisted. Last, the United Nations was culturally very different from what Americans are used to with the diplomatic niceties taking precedence over candor and “telling it like it is, first class travel and accommodations for United Nations staff and consultants, sumptuous offices in many countries including America, and a civil service not based on merit but with quotas of nationality.
Roger Charles Altman 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.