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Robert Rubin

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 12.23.2011 | 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.

Jason Linkins

Bloomberg Businessweek (Accidentally?) Makes It Clear That Warren Critics Are Primarily Animated By Sexism

HuffingtonPost.com | Jason Linkins | Posted 09.06.2011 | Media

I'm going to generously assume that the weird, critical, slam-book-style bubbles that dot the cover of the July 11-17 issue of Bloomberg Businessweek,...

Bill Clinton's Legacy of Denial

Robert Scheer | Posted 08.21.2011 | Politics

Robert Scheer

Bill Clinton's Newsweek cover story shows that the man has long been convinced that there is no problem or contradiction of his that cannot be simply plastered over with blather. Sadly, he may be right.

Machiavelli, Third World America and Our National Crisis

Michael Likosky | Posted 05.25.2011 | Politics

Michael Likosky

When something goes horribly wrong, it's always useful to look to the Classics to understand what's actually happened and how to move forward. Is our ...

Fannie's Scandalized, Freddie's Dead -- and the Next Financial Meltdown May Have Already Started

Richard (RJ) Eskow | Posted 05.25.2011 | Business

Richard (RJ) Eskow

Here's an idea: Let's give hundreds of billions of dollars in government-backed guarantees to private banks so they make a fortune writing mortgages without any risk to themselves. Hey, what could go wrong?

Why the Financial Crisis Could Not Have Been Prevented

Robert Lenzner | Posted 05.25.2011 | Business

Robert Lenzner

Alan Greenspan, chairman of the Federal Reserve Bank, did not believe in reining in the animal spirits on Wall Street. He chose to ignore pleading from wise titans to turn off the spigot of easy money.

New Year's Slideshow: Choose the Year's Most Absurd Comment From a "Financial Wizard"

Richard (RJ) Eskow | Posted 05.25.2011 | Business

Richard (RJ) Eskow

"I know it's become part of the narrative that people knew what was going to happen at any minute. We never knew what was happening at any minute." That's Goldman CEO Lloyd Blankfein. Now he tells us.

Time to Dismiss the CFTC Chairman and His Commissioners

Raymond J. Learsy | Posted 05.25.2011 | Business

Raymond J. Learsy

The Dodd-Frank Act gave the CFTC until January 2011 to set limits to curb excessive speculation in the energy markets. Lo and behold, Chairman Gensler told lawmakers the CFTC wouldn't meet the deadline "because it doesn't yet have sufficient data."

10 Shadow Elitists of the Decade

Linda Keenan | Posted 05.25.2011 | Politics

Linda Keenan

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William Alden

Gene Sperling, Leading NEC Director Candidate, Earned $900K From Goldman Sachs

HuffingtonPost.com | William Alden | Posted 05.25.2011 | Business

Gene Sperling, a leading contender for a top economic post in the White House, made millions on Wall Street even as the economy faltered. The adviser...

Republican "Fifth Column" Strikes Financial Commission. Are YOU Next?

Richard (RJ) Eskow | Posted 05.25.2011 | Business

Richard (RJ) Eskow

A sleeper cell of four Republicans struck the Financial Crisis Inquiry Commission this week, escalating what had previously been a campaign of covert obstruction into an overt act of sabotage.