John Carney reports:
Forget all those shindigs in the Hamptons. Never mind Nantucket.
Some of the biggest Wall Street and Washington powerbrokers are spending Labor Day this year in Jackson Hole, Wyoming.
The Fir Creek Ranch, which is owned by Evercore Partners founder and chairman Roger Altman, is hosting the wedding of Alison Fisher, the daughter of Dallas Federal Reserve President Richard Fisher.
The ranch sits at the base of the Teton Mountains. It is a real, working cattle ranch. The views from its grounds are truly breathtaking.
Altman is just about as close as you can get to the center of the matrix of American political and financial power.
He was Assistant Treasury Secretary during the Carter Administration and Deputy Treasury Secretary in the Clinton administration. He ran the investment bank of Lehman Brothers and sat on the company’s board. He later ran the M&A advisory business of the Blackstone Group. In 1996, he formed the boutique investment banking and private equity firm, Evercore Partners. Evercore was one of the key advisors to General Motors through its bankruptcy.
You don’t get more connected than that.