Steve Rattner: Hope Springs Eternal
This week's issue of Newsweek features a profile of Steve Rattner, the financier who may have earned plenty of success in the world of high finance (No. 2 at Lazard, founder of the Quadrangle Group, money manager for Mike Bloomberg), but has thus far been unable to land his dream job: running a top Wall Street bank or a Washington cabinet position. (He's 0 for 3, having backed Gore, Kerry and Hillary Clinton.) Even Henry Kravis takes a subtle dig at the journalist-turned-banker: "Ask the average guy if he knows or has heard of Bob [Rubin], chances are he has. But not Rattner." Oh, cheer up, Steve! You're still the only former Times reporter in history who ever got to stamp his initials on a $20 million jet.