Barry Ritholtz, Columnist

Getting a Grip on the Pentagon

Ash Carter discusses how he went about managing a department with a budget much bigger than any U.S. company.

November 18, 2019 at 6:03 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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How do you wrestle an unwieldy, $700 billion behemoth into submission? That was the challenge facing Ash Carter, former secretary of the Department of Defense and this week's guest on Masters in Business.