Robert Rubin

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The Root of Madoff's Evil

Robert Scheer | Posted 07.01.2009 | Business

Read More: Robert Rubin, Wall Street, Hedge Funds, Economy, Economic Crisis, Deregulation, Regulation, Bernard Madoff, Sec, Business News

How convenient for the judge and the media to paint Bernard Madoff as Mr. Evil, a uniquely venal blight on an otherwise responsible financial industry in which money is handled honestly and with transparency.

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Get Politics Out of the Bedroom and Politicians' Bedrooms Out of Politics

Miles Mogulescu | Posted 06.29.2009 | Politics

Read More: Republican Sex Scandals, Robert Rubin, Mark Sanford, Larry Summers and Barack Obama, Gay Rights, Clinton Affair, Governor Mark Sanford, Republican Hypocrisy, Max Baucus, Larry Summers, Obama Gay Rights, Robert Rubin Citibank, Sanford Affair, Mark Sanford Stimulus, Republican Sex Scandal, Politics News

Here's the deal America should make with our politicians. You stay out of our bedroom, and we'll stay out of yours.

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The Clinton Bubble

Robert Scheer | Posted 04.29.2009 | Business

Read More: Robert Scheer, Timothy Geithner, Bailout, Clinton, Economy, Lawrence Summers, Obama, Robert Rubin, Citigroup, Business News

Has Timothy Geithner ever had lunch with a non-megamillionaire who has lost his job or home because of the banking meltdown?

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Clinton Media Coach Guiding Geithner

HuffingtonPost.com | Jason Linkins | Posted 04.06.2009 | Politics

Read More: Robert Rubin, Financial Crisis, Bank Bailout, Michael Sheehan, Tim Geithner, Politics News

It seems like only yesterday that Treasury Secretary Timothy Geithner was earning universal derision for that time he appeared in public after being h...

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Obama's Toxic Advisers

Robert Scheer | Posted 03.25.2009 | Business

Read More: Barack obama.economy, Goldman Sachs, Bailout, Treasury, Aig, Robert Rubin, Gary Gensler, Bernie Sanders, Business News

Like most Americans, I am eager for Obama to succeed, but I see the nomination of Gary Gensler as further evidence that the president has entrusted his economic policy to the wrong people.

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Wall Street, Geithner, and Defunct Economics Threaten Obama's Leadership

Ann Pettifor | Posted 03.24.2009 | Business

Read More: US Economy, Robert Rubin, Wall Street Bailout, Nelson Mandela, Timothy Geithner, Alan Greenspan, Wall Street, Lawrence Summers, Financial Crisis, Business News

President Obama is in danger of making the same mistake Nelson Mandela made. Obama is abrogating power to shape the recovery of the US economy, and handing over the leadership to Wall Street and lesser mortals.

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A Crime to Make Money

Paul Jenkins | Posted 03.19.2009 | Politics

Read More: Fed, Taxes, Rush Limbaugh, Charles Rangel, Connecticut, Chris Dodd, Democratic Party, Barack Obama, New York City, Chas Freeman, Robert Rubin, Goldman Sachs, Merrill Lynch, Bank of America, Elections, Aig, Andrew Cuomo, Bailout, Countrywide, Finance, Tim Geithner, Citibank, Israel, Treasury, Ben Bernanke, Housing Crisis, Wall Street Bonuses, Chuck Schumer, Bernie Madoff, Republican Party, Senate, Politics News

It seems to have finally dawned on government leaders that bonus recipients are not the only ones who should be afraid.

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Lessons from AIG

Robert Weissman | Posted 03.19.2009 | Business

Read More: Robert Rubin, Wall Street Bailout, Aig Bonuses, Financial Derivatives, Antitrust, Larry Summers, Aig, Rubin, Alan Greenspan, Executive Compensation, Wall Street Bonuses, Glass-Steagall, Bailout Outrage, Business News

What is vital now is that the public's righteous anger is not expressed only as "no." There are a lot of things to which We The People do need to say "no." But we need a lot of "yes's," too.

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What Did Geithner Know and When Did He Know It?

Cenk Uygur | Posted 03.18.2009 | Politics

Read More: Aig Bonuses, New York Times, Banks, Aig, Wall Street Bubble, Bankers, Sec, Robert Rubin, Tim Geithner, Wall Street, Executive Compensation, Citigroup, Politics News

Geithner got into this trouble because he saw Wall Street as his main constituency rather than the American people.

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Alexander Hamilton's Scorn: Reflecting on AIG, Goldman, Hank Paulson and Bob Rubin

Steve Clemons | Posted 03.16.2009 | Politics

Read More: Alexander Hamilton, Bank of New York, Department of the Treasury, Hamilton Project, Executive Bonuses, Barack Obama, Lawrence Summers, Robert Rubin, Goldman Sachs, Aig, Citibank, Tom Daschle, Henry Paulson, Timothy Geithner, American Financial Crisis, Nancy Killifer, Ron Chernow, Politics News

While many are criticizing the gross AIG taxpayer-funded bonuses of senior executives, the truth is that this kind of corruption is relatively small time -- even at $165 million -- and was predictable.

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The Tricky 2009 Politics of Finance

Kevin Phillips | Posted 03.13.2009 | Business

Read More: Bill Clinton, Robert Rubin, Geithner, Neel Kashkari, Wall Street Bailout, Hank Paulson, Bailout, Rahm Emanuel, Tim Geithner, Henry Paulson, Financial Crisis, Timothy Geithner, Ben Bernanke, Business News

Paulson has left, to be sure, but his spirit (and his aides) linger on under Geithner. This doesn't quite seem like "real" change.

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We Told You So

Robert Weissman | Posted 03.12.2009 | Business

Read More: Robert Rubin, Predatory Lending, Derivatives, Deregulation, Financial Crisis, Larry Summers, Alan Greenspan, Glass-Steagall, Business News

Is it fair to complain about the actions of the financial deregulators? Could anyone reasonably have foreseen the consequences of a decades-long regu...

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Looking for Bailout Love in All the Wrong Places

Don McNay | Posted 03.03.2009 | Business

Read More: Citigroup CEO, Wall Street Bailout, Hank Paulson, Wayne Rogers, Lobbyists, Credit Card Rates, Todd Thomson, Fox Business Network, Common Sense, Aig, Citigroup Rescue, Bailout, Insurance, Maria Bartiromo, Hank Greenberg, Mash, Kentucky, Lexington KY, Personal Finance, Credit Card Industry, New AIG Bailout, Bad People, Maurice "Hank" Greenberg, Auto Insurance, Cnbc, AIG Bailout, Don McNay, Credit Card Debt, Credit Cards, Insurance Companies, Insurance Industry, Robert Rubin, Debt Collectors, Citigroup Stock, Credit Card Interest Rates, Wall Street Crisis, Citigroup Bailout, Good People, American Insurance Group, Bad-Deals, Ron Shelp, Good-Deals, Citigroup, Bailout Outrage, Business News

Citigroup and AIG employ thousands of good people. But they have had rotten apples in leadership. They created a culture that is probably impossible to change or fix.

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Don Knotts at Treasury

Jerry and Joe Long | Posted 02.13.2009 | Comedy

Read More: Robert Rubin, Timothy Geithner, Don Knotts, Bank Bailout, David Axelrod, Rahm Emmanuel, Obama's Cabinet, Comedy News

Timothy Geithner trusts the people who write the fine print on your credit card statement. If Don Knotts was alive, he'd be nervous.

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Shameful Bankers: Time for a Revolution

Paul Jenkins | Posted 01.29.2009 | Business

While there are many victims in the colossal Ponzi scheme that is the American economy, few of these victims have not in some way been complicit.

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No Economic Team of Rivals On Obama Staff: Rubin's Manic Neoliberals Dominate

Steve Clemons | Posted 01.28.2009 | Business

Read More: Leo Hindery, Hamilton Project, US Economy, Lawrence Summers, Jason Furman, Robert Rubin, High Wage Jobs, Goldman Sachs, James W. Thompson, Hilda Solis, Joseph Stiglitz, Rahm Emanuel, James Thompson, Timothy Geithner, National Economic Council, Diana Farrell, Department of Treasury, Silicon Valley, Larry Summers, Obama Administration, Obama Economy, Barack Obama, Obama Team of Rivals, Team of Rivals, 100 Days, Business News

Obama and Rahm Emanuel have hired a group of people who are going to make the rich stay rich -- and who are not designed to really change things for the middle class or the struggling lower end.

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Bush Out The Door: "Adios, @#&%!$, and Here's Your Legacy"

Jackson Williams | Posted 01.17.2009 | Politics

(Update Added Below) George W. Bush has been gazing toward his future reputation for a while, and loves the view. "Some day people are going to lo...

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Does Obama Know What He Is Doing?

Paul Jenkins | Posted 01.17.2009 | Politics

Read More: House of Representatives, Alexander Hamilton, Cia, Economy, Barney Frank, George W. Bush, Iraq, Democratic Party, Dick Cheney, Iran, Economic Stimulus Package, Gaza, Finance, Secreatary of the Treasury, Citibank, Timothy Geithner, Health Care, Republican Party, Tarp, Bill Clinton, Zimbabwe, Congress, Barack Obama, Transportation, Vikram Pandit, Robert Rubin, Wall Street, Christina Romer, Schip, Afghanistan, Hillary Clinton, Senate, North Korea, Politics News

Let's not lose sight of the fact that, like Cheney, these political and business leaders all think they know what they are doing.

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Forget Social Security Taxes: Timothy Geithner, Robert Rubin and Citigroup

Jonathan Tasini | Posted 01.15.2009 | Home

Read More: Treasury Department, Financial Crisis, Robert Rubin, Timothy Geithner, Working Life, Citigroup, Home News

The traditional press has ample capacity to obsess about stupid things but very little capacity to dig deep (yes, I know, I'm stating the obvious). To...

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Wall Street Robber Barons Ride Again

Robert Scheer | Posted 01.14.2009 | Politics

Read More: Robert Scheer, Timothy Geithner, Pornography of Power, Robert Rubin, Wall Street, Lawrence Summers, Politics News

It sounds wonderfully bipartisan that Obama is backing Bush's request for spending the $350 billion now, but it was just that sort of bipartisan politics that created this nightmare.

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Robert Rubin Gets His Pink Slip: Good Riddance

Jonathan Tasini | Posted 01.10.2009 | Business

Read More: Debt, Financial Crisis, Class Warfare, Robert Rubin Citibank, Working Life, Robert Rubin, Transition Team, Citigroup, Business News

The downside to letting Rubin slip quietly from his role at Citigroup is that he leaves with enough of his reputation intact that he still holds some sway in Washington.

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Robert Rubin Resigns As Citigroup Adviser

AP | MADLEN READ | Posted 01.09.2009 | Business

Read More: Rubin Resigns, Citi, Citigroup, Robert Rubin, Robert Rubin Citibank, Business News

NEW YORK — Officials at the embattled banks Citigroup and Morgan Stanley will negotiate over the weekend about possibly combining their wealth m...

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Obama's Perilous Compromise with Looters

Jeffrey Klein | Posted 01.03.2009 | Politics

Read More: Robert Rubin, Hank Paulson, Wall Street, Economy, Obama Inauguration, Obama Administration, Financial Crisis, Bernard Madoff, Timothy Geithner, Ben Bernanke, Barack Obama, Politics News

Tragically, the architects of the current economic fiasco have been placed in charge of America's recovery. President-elect Obama has made an enormous mistake.

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Bailing Out Dan Quayle

Paul Jenkins | Posted 12.14.2008 | Business

Read More: House of Representatives, Bail Out, Financial Bailout, Sherrod Brown, Aozora Bank, George W. Bush, Iraq, Colorado, Democratic Party, Wall Street Journal, Jared Polis, William Ford Sr, Aig, Auto Bailout, Mark Fields, Dan Quayle, Ohio, Real Estate, Republican Party, Gail Collins, Detroit, Steve Feinberg, Citigroup, John McCain, Florida, Gm, Alan Mulally, Private Equity, Ford, Condoleeza Rice, Congress, United Steelworkers, Cerberus, Japan, K2, Robert Rubin, Chrysler, Wall Street, Henry Ford, Michigan, Banking, IAP Worldwide Services, New York Times, Hillary Clinton, Chuck Schumer, Senate, Detroit Bailout, Business News

The battle over the bailout of some segments of the US auto industry has become increasingly defined in terms of class, but this hides the fact that the same type of players will benefit from both bailouts.

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Obama's Global Challenge

Marco Trbovich | Posted 12.11.2008 | Green

America's energy future is a goods news, bad news joke. The good news is that America has enough domestic resources to meet its energy needs. The bad news is, the resource is coal.

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