Wall Street Guru H. Rodgin Cohen has Words for Detroit (The Detroit News)

March 18, 2010

An article in The Detroit News featured Rodge Cohen and detailed his work during the financial crisis of 2008-09. The article described Mr. Cohen as the “most important man you've never heard of in the world of international finance.” Specifically, Mr. Cohen discussed the Detroit job market, which was hit heavily by the financial crisis due to its high volume of manufacturing jobs. "In the end it is about jobs, jobs, jobs. ...It goes back to Detroit. We did borrow too much and that obscured the real problems that we had in the economy because we could keep everybody afloat and everything afloat through excessive borrowing. We ignored what was really happening at the base. We were having our industrial and manufacturing and commercial base being reduced significantly," he said.