NYC Mayor Michael Bloomberg is considering naming Robert K. Steel as Deputy Mayor of the city, according to NyPo.
Steel was a top lieutenant to former Treasury Secretary Hank Paulson, both at Goldman Sachs and after at Treasury once Paulson took that position. He was also CEO of Wachovia Corporation.
The current Deputy Mayor, Robert Lieber, is heading through the government/Wall Street revolving door in the oppopsite direction. He will join the self-described "international real estate merchant bank", Island Capital Group.
Lieber previously served as Managing Director at Lehman Brothers, where he was Global Head of Real Estate Investment Banking as well as a member of the Real Estate Private Equity business. In 1999, and again in 2003, Lieber was recognized by Institutional Investor Magazine for "Deal of The Year," and he was named "Financier of the Year" in 2005 by Commercial Property News.