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Robert Rubin

Mark Gongloff

The Real Reason You Should Be Worried About Jack Lew

HuffingtonPost.com | Mark Gongloff | Posted 01.11.2013 | Business

There are some misunderstandings out there about Jack Lew, Obama's pick to run the Treasury Department, which is what you get with a relative cipher l...

The Inconvenient Truth About Jack Lew

Robert Scheer | Posted 03.13.2013 | Politics
Robert Scheer

I suppose that he can't be much worse than Timothy Geithner, but that should be scant cause for cheer over the news that the president has nominated Jack Lew as Treasury secretary.

There Is No Santa Claus and Bill Clinton Was Not an Economic Savior

Dean Baker | Posted 02.24.2013 | Business
Dean Baker

The truth is often painful but nonetheless it is important that we live in the real world. Just as little kids have to come to grips with the fact that there is no Santa Claus, it is necessary for millions of liberals, including many who think of themselves as highly knowledgeable about economic matters, to realize that President Clinton's policies sent the economy seriously off course. In Washington it is common to tout the budget surpluses of the Clinton years as some momentous achievement, as though the point of economic policy is to run budget surpluses. Of course the point of economic policy is to produce an economy that improves the lives of the people in a sustainable way. Clinton badly flunked this test.

Christina Wilkie

Millionaires Demand Congress Raise Estate Taxes

HuffingtonPost.com | Christina Wilkie | Posted 12.11.2012 | Politics

WASHINGTON - A coalition of three dozen ultra-wealthy progressives, including billionaire Warren Buffett, former President Jimmy Carter, philanthropis...

A Sign That Obama Will Repeat Economic Mistakes

Robert Scheer | Posted 02.06.2013 | Business
Robert Scheer

Please don't tell me that these reports in the business press touting Sallie Krawcheck as a front-runner for chairman of the SEC or even a possible candidate to be the next Treasury secretary are true.

Tim Geithner Asked To Save America

The Huffington Post | Mark Gongloff | Posted 11.26.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Former Treasury Secretary Falls Into Swimming Pool

The Huffington Post | Ryan Grim | Posted 09.06.2012 | Politics

CHARLOTTE, N.C. -- Bob Rubin, the Treasury secretary during Bill Clinton's presidency, tumbled into a Ritz-Carlton hotel pool Wednesday around 8 p.m. ...

December Surprise? From Rubin to Pelosi, Wall Street & DC Dems Push Post-Election Austerity

Richard (RJ) Eskow | Posted 07.30.2012 | Politics
Richard (RJ) Eskow

"Take back your party," Pelosi recently advised traditional Republicans. "This is not the Grand Old Party that we know." Take back your party: That's sound advice -- for everyone in Washington.

You Can't Trust the Wise Men of Finance

Robert Lenzner | Posted 06.09.2012 | Business
Robert Lenzner

It's said that no Wall Street leader, no economist, no legislative committee, no regulator, could predict the perfect storm of all investment assets collapsing at the same time in 2008. I beg to differ.

Bonnie Kavoussi

Paul Volcker: Debt 'Strangles' Us

HuffingtonPost.com | Bonnie Kavoussi | Posted 03.15.2012 | Business

WASHINGTON -- Some of the country's most high-profile economists say the U.S. government needs to reach a long-term deficit reduction agreement soon i...

From Wall St. To Washington: Famous Moments In Revolving Door History

Posted 01.11.2012 | Business

Want to get to Washington? Try going through Wall Street. As a look at any recent presidential administration will show, people move between the two w...

How the "Smartest" Guys in the Room Screwed Up the World... and Why the 99% Movement Will K eep Challenging Them in 2012

Miles Mogulescu | Posted 02.22.2012 | Politics
Miles Mogulescu

They're considered the "Smartest Guys in the Room" (yeah, they're mostly guys). They're the financial "wizards" like Robert Rubin, Hank Paulson, Lloy...

Obama's Populism and the Ghost of Teddy Roosevelt

Richard (RJ) Eskow | Posted 02.05.2012 | Politics
Richard (RJ) Eskow

This morning Barack Obama channeled one of American history's truly transformative figures by visiting the tiny Kansas town where Teddy Roosevelt gave his "New Nationalism" speech over a century ago.

The Greatest Hoax in the History of Money: The Fed, The Banks, and All Those Lies

Richard (RJ) Eskow | Posted 01.31.2012 | Business
Richard (RJ) Eskow

You can believe in the free market, or you can believe in today's Wall Street. But you can't do both.

Suskind's Confidence Men Raises Questions About Obama's Credibility

Dan Froomkin | Posted 01.31.2012 | Politics
Dan Froomkin

The higher Barack Obama soars with his populist rhetoric, the more he calls attention to the enormous gap between the promise of hope and change that he campaigned on in 2008 and the actions he has taken as president -- especially regarding the economy.

Wishful Thinking for a Hillary Clinton Presidency Is Based On Faulty Premises

Asher Smith | Posted 01.23.2012 | Politics
Asher Smith

Much of the pining for Hillary Clinton seems to be premised on mis-targeted liberal nostalgia for a version of Bill Clinton's presidency that never happened.

California Refuses to Accept Obama's Banking Sellout

Robert Scheer | Posted 01.09.2012 | Politics
Robert Scheer

Forget relying on the federal government to hold the Wall Street swindlers accountable. Indeed, the Obama administration has been involved in negotiating a deal with state attorneys general to settle their complaints with the banks for a pittance of compensation for the victims.

Too Big to Jail

Robert Scheer | Posted 01.02.2012 | Business
Robert Scheer

Why has Robert Rubin, the onetime treasury secretary who went on to become Citigroup chairman during the time of the corporation's financial shenanigans, never been held accountable for this and other deep damage done to the U.S. economy on his watch?

Hackers Release Data On Ex-Treasury Secretary

The Huffington Post | Gerald Smith | Posted 12.25.2011 | Technology

Hackers have posted what they claim is the personal information of former Goldman Sachs executive Robert Rubin and his family. On the file-sharing ...

Behind The Bipartisan 'Austerity Class' That Rules Washington

The Nation | Ari Berman | Posted 12.20.2011 | Politics

In September the Committee for a Responsible Federal Budget (CRFB), a bipartisan deficit-hawk group based at the New America Foundation, held a high-p...

Why Is the Obama Administration Enabling Retirement Rip-offs?

Jane White | Posted 12.12.2011 | Politics
Jane White

Rather than requiring employers to make 401(k) plans as generous as pensions, the Obama Administration appears to be duping older workers into thinking they are ready and simply need a product that will stretch their puny nest egg over a lifetime.

Killing Us Softly

Richard (RJ) Eskow | Posted 11.13.2011 | Politics
Richard (RJ) Eskow

We're seeing the demonization of the victim everywhere. It's in the public hatred for underwater homeowners and now reaches to the highest halls of power in both parties, where we told that helping struggling homeowners would be "rewarding the undeseverving."

Dan Froomkin

Progressive Despair: Austerity Top Priority As Economy Sputters, Americans Suffer

HuffingtonPost.com | Dan Froomkin | Posted 10.03.2011 | Politics

WASHINGTON -- This week's big debt deal has left progressives despairing over a disconnect between Washington and the rest of the country that they sa...

Citigroup Turns Profit For Sixth Consecutive Quarter

AP | PALLAVI GOGOI | Posted 09.14.2011 | Business

NEW YORK — Citigroup Inc. has long boasted of its international scope. It has a presence in 140 countries, more than any other U.S. bank. Now, ...

Historical Context Missing From Debt Ceiling Reporting

Chris Weigant | Posted 09.13.2011 | Politics
Chris Weigant

Back in 1995 and 1996, a government shutdown actually happened -- twice. The debt ceiling was not raised, but the country did not default. President Clinton actively used his veto pen, as the Republicans sent him bills that they knew he would not sign.