Rubin was a very sharp guy. Back in the day. He baled out of the Clinton administration in 1998 and walked into a huge job worth $40 million at Citi. Wonder how he did that...
And don't forget that Robert Rubin made the call from his Citigroup Chairman's office to the Bush Treasury department in behalf of Enron, which was about to blow up--along with the Citigroup loans to Enron. Wonder why he did that...
Then Rubin the rocket scientist pushed for ever more risky positions that eventually humbled Citigroup--and he had no direct responsibility for it!
And he gets to keep ALL his money.
Sharp guy.
Bob
of AL
@
Jan 09, 2009 23:49:34 PM
Unbelievable Cronyism.
What is Obama thinking? This guy obviously is not the one to include in handling this financial meltdown, or the one to handle $775 Billion or more for bailouts.
A shameful act of Clintonitus has infected Obama where half the people he hires are Clinton retreads, and in this case, failed retreads.
Americans should be very concerned about letting the goofy fox in the henhouse.
Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.
Bob of AL @ Jan 09, 2009 23:49:34 PM
BuffaloBob17 of CA @ Jan 09, 2009 19:13:00 PM
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