Evercore Founder Enlisted to Save L.A.

by Derek Loosvelt | January 12, 2010

Meet Austin Beutner, founder of investment bank Evercore Partners, former Blackstone Group partner, and newly-appointed deputy mayor of economic development of Los Angeles who for just $1 per year (the salary he has agreed to take) will attempt to put a dent into the city's 13.4 percent unemployment rate:

Filed Under: Finance


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