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Robert Rubin'

Inside Job: Our Business Schools and Our Future

Vivian Norris | Posted 05.25.2011 | Business
Vivian Norris

I hope that Inside Job is shown near and on campuses across the country. The signs of hope really lie with future generations questioning those who came before them.

The Man Who Shattered Our Economy

Robert Scheer | Posted 05.25.2011 | Business
Robert Scheer

Sandy Weill, who as former CEO of Citigroup did so much to create the foreclosure crisis, just bought a Sonoma wine vineyard for a record $31 million. No doubt his will be the grapes of wrath.

Jamie Dimon and Robert Rubin: Evasive on "Fraud as a Business Model"

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Foreclosure fraud isn't about losing paperwork or having incorrect paperwork. It is about committing fraud and trying to manipulate the U.S. legal system.

SEC: Rubin, Prince, Ex-Citigroup Execs, Knew Bank's Risks Were Hidden | Joshua Gallu and Donal Griffin | Posted 05.25.2011 | Business

Sept. 9 (Bloomberg) -- Charles O. "Chuck" Prince and Robert Rubin were among Citigroup Inc. officials who knew 2007 losses were mounting on mortgage a...

The Big Guy's on Our Side

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

Paul Volcker, President Obama's former Federal Reserve chair who heads his Economic Recovery Advisory Board, recently nailed it in a series of blistering remarks on the sorry state of our economy.

Shahien Nasiripour

Progressive Economists Offer Their Suggestions To Replace Larry Summers: 'No More Rubinites' | Shahien Nasiripour | Posted 05.25.2011 | Business

Progressive economists have one piece of advice for President Barack Obama when it comes to replacing top economic adviser Larry Summers: No more Robe...

Obama's Pick For Summers' Replacement Will Signal His Direction

Rob Kall | Posted 05.25.2011 | Politics
Rob Kall

The good news could be that Summers and his approach will soon be gone. The bad news is that he will probably be replaced by someone worse.

Summers Out, Could Geithner and Rubin Be Next?

Earl Ofari Hutchinson | Posted 05.25.2011 | Politics
Earl Ofari Hutchinson

The call for Geithner and Rubin to go will continue loud and long. The real and perceived misery level of the middle class appears likely to continue to rise.

Shadow Elite: Elizabeth Warren's Best Credential: Outsider

Linda Keenan | Posted 05.25.2011 | Politics
Linda Keenan

Questionable behavior became commonplace in innumerable corners of the financial industry over the past 20 years. And at key moments, it was an outsider like Elizabeth Warren who had the common-sense perspective to cry foul.

After Summers Comes the Fall

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

During his tenure as Obama's top economic adviser, Summers has continued the Bush policy of throwing money at Wall Street without getting anything in return by way of a moratorium on mortgage foreclosures.

Will They Pull a Brooksley Born on Elizabeth Warren?

Kathleen Reardon | Posted 05.25.2011 | Politics
Kathleen Reardon

Given Obama's hemming and hawing about appointing Warren, it's not far-fetched to think that history could repeat itself. Another woman trying to break the old guard's economic chokehold could be shown the door.

Peter Orszag's Tax "Compromise": Rubin's Ghost Haunts the Middle Class Again

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Peter Orszag's maiden voyage as a New York Times columnist resonates with twenty years of failed economic policy. It's a grab bag of Robert Rubin's Greatest Hits, remixed by a younger DJ for new audiences.

Matt Miller's Iraq Mistake: Pundit Struggles With Past Support For Invasion, War

Washington Post | Matt Miller | Posted 05.25.2011 | World

When I look over those columns today, from the distance of nearly eight years, they seem reasonable and serious. Except, of course, that their premise...

The Rubin Con Goes On

Robert Scheer | Posted 05.25.2011 | Politics
Robert Scheer

The corruptions of journalism were on full display when CNN's Fareed Zakaria turned to Robert Rubin this past Sunday for advice on how to fix the financial crisis that he, as much as anyone, caused.

Greenspan, Rubin, and Herbert Hoover

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

On Sunday, Robert Rubin, appearing on CNN, said any further effort to stimulate the economy would be "counter productive," and that policy makers instead should craft a deficit-reduction plan. Greenspan is only partly wrong. Rubin is entirely wrong.

Bob Rubin Just Wants to Be Cuddled

Iris Mack | Posted 05.25.2011 | Business
Iris Mack

When Bob Rubin and I reached the hotel entrance, the tension returned. He got this funny look on his face, and asked: "Do you want to go upstairs and... cuddle?"

Break Up the Banks: By the Numbers

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

It's past time to break up the big banks. They take on too much risk and endanger the financial system. They have far too much political influence and threaten our democracy.

A Letter -- and a Challenge -- to an Anonymous Wall Street Whiner

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

An anonymous email's been making the rounds on Wall Street from some loser who thinks he's a shark. Let's get this out of the way first: The only thing worse than a spoiled, self-satisfied brat is a whiny, spoiled, self-satisfied brat.

Dan Froomkin

Stop Robert Rubin Before He Kills Again | Dan Froomkin | Posted 05.25.2011 | Politics

Robert Rubin is poisoning Washington again. The former Treasury Secretary who presided over the nearly-fatal deregulation of the financial industry ...

Shadow Elite: Wall Street Profiteers - Capitalists or Communists?

Linda Keenan | Posted 05.25.2011 | Business
Linda Keenan

American profiteers have done grievous damage to their own free market ideology, and, most importantly, to the economic well-being of the entire world.

Unfree Markets: The Last Gasp of a (Literally) Bankrupt Ideology

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The ideology that served Wall Street special interests for the last 40 years has broken down, and there is nothing to replace it. You can't argue for free markets and still fight for giant companies. The American dream can't survive without regulation.

Ex-Goldman Trader Bought Major Stake in ACA, Shorted Subprime CDOs

Kevin Connor | Posted 05.25.2011 | Business
Kevin Connor

The Goldman-Paulson fraud suit threatens to throw a spotlight on a realm of Wall Street that has escaped most scrutiny throughout the financial crisis: the hedge fund industry.

This Week: Obama's Deficit Commission or Pete Peterson's?

Roger Hickey | Posted 05.25.2011 | Business
Roger Hickey

Pete Peterson's summit is designed to stampede President Obama's new deficit commission (which meets the day before, for the first time) into adopting their version of fiscal austerity.

Obama Needs to Turn His Back on Goldman's Support

Kevin Connor | Posted 05.25.2011 | Politics
Kevin Connor

Goldman Sachs has enormous influence over this White House, in large part because of the role the bank played in helping elect Obama.

The F Word: Is the SEC Up to the Job?

Laura Flanders | Posted 05.25.2011 | Business
Laura Flanders

One of the best kept secrets in Washington is the working of the Securities and Exchange Commission. Does it get the job done? Not even close.