David Stockman

is former director of the Office of Management and Budget under President Ronald Reagan. He was the youngest cabinet member in the 20th century. Previously, Stockman was elected to the US House of Representatives and was reelected in two subsequent elections, serving from January 1977 until his resignation January 1981. After leaving government, Stockman joined Salomon Bros. and later became a founding partner at New York-based private-equity firm The Blackstone Group. He left Blackstone in 1999 to start his own private-equity fund, Heartland Industrial Partners, L.P., based in Greenwich, CT. He is the author of the best-selling The Triumph of Politics (Harper & Row, 1986). His forthcoming book is The Triumph of Crony Capitalism.

Videos/Audio of David Stockman

Innovation depends on investment, and investment depends on confidence, which has yet to return. The credit system has... See more
Grover Norquist, David Stockman, David Walker and Clive Crook discuss balancing the country's books with America's... See more