Robert Rubin Resigns As Citigroup Adviser
NEW YORK — Officials at the embattled banks Citigroup and Morgan Stanley will negotiate over the weekend about possibly combining their wealth m...
NEW YORK — Officials at the embattled banks Citigroup and Morgan Stanley will negotiate over the weekend about possibly combining their wealth m...
Jeffrey Klein | Posted 02.03.2009 | Politics
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.
Paul Jenkins | Posted 01.14.2009 | Business
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.
Marco Trbovich | Posted 01.11.2009 | 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.
David Corn | Posted 01.06.2009 | Politics
With these hawkish, Rubin-esque, middle-of-the-road picks, has Obama abandoned the folks who brought him to the dance?
Ben Cohen | Posted 01.04.2009 | Politics
The Democrats have in some ways, been worse than the Republicans. As a party, they've stood idly by as the Bush Administration has literally ransacked the country.
Reuters | Martha Graybow | Posted 01.03.2009 | Business
An investor lawsuit contends that Citigroup Inc insiders, including senior counselor and former U.S. Treasury Secretary Robert Rubin, sold more than $...
Dean Baker | Posted 01.02.2009 | Business
Every few years there is a book or movie that stands out for its incredibly bad timing. The new documentary IOUSA seems destined to join earlier classics of this genre.
New York Magazine | Posted 03.26.2009 | Business
Last week's New York Times article, which blamed him for bringing down Citigroup and really the entire global economy, must have been difficult for Ro...
Jonathan Tasini | Posted 12.30.2008 | Politics
It's Judgment Day. Rubin needs to get a pink slip and stand on the unemployment line with the vast sea of people he helped put there.
Think Progress | Matthew Yglesias | Posted 12.30.2008 | Business
Robert Rubin speaks up for himself: "Nobody was prepared for this," Mr. Rubin said in an interview. He cited former Federal Reserve Chairman Alan Gre...
Robert Scheer | Posted 12.27.2008 | Politics
Maybe Ralph Nader was right: the same Wall Street hustlers will have a lock on our government no matter which major party wins the election. How else is one to respond to Obama's economic picks?
Robert L. Borosage | Posted 12.26.2008 | Politics
Obama presented his economic team -- all protégés of Robert Rubin -- just as the Treasury was pumping out billions to rescue Citibank -- which featured Rubin as chair of its executive committee. Is this the change we need?
Leo W. Gerard | Posted 12.26.2008 | Business
Detroit is a place where workers are unionized; Wall Street is not. And right-wing Republicans and conservative pundits have made it clear they want the union workers to suffer.
The Media Consortium | Posted 12.26.2008 | Politics
By Zach Carter MediaWire Blogger President-elect Barack Obama announced his economic transition team yesterday--and we'll get to that--but first let'...
Jane Hamsher | Posted 12.26.2008 | Business
Yes, it's incredible that nobody required Rubin and the board to resign as a condition of the Citibank bailout. But I tend to look at these final days as the BushCo crooks holding their final heist.
Raymond J. Learsy | Posted 12.26.2008 | Business
Sorry, I was wrong ten months ago. The Citigroup bell has not tolled. The rot at the heart of American capitalism continues unabated.
Allison Kilkenny | Posted 12.25.2008 | Politics
It appears there is at least one area of his fledgling administration that is not open to discussion or debate -- the economy.
Joshuah Bearman | Posted 12.21.2008 | Business
Obama fundamentally trusts markets, but believes that they make grievous errors (I'll say!), and that those errors must at times be aggressively corrected. Is that a new idea? If so, then no wonder we're screwed.
Robert Scheer | Posted 12.19.2008 | Politics
This is not change we can believe in -- not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in Obama's incoming administration.
Jonathan Tasini | Posted 12.15.2008 | Business
The current president's pronouncements that the "free market" isn't at fault for the financial meltdown led me to dig deep, investigate and discover the real culprit: Bozo The Clown.
Steve Clemons | Posted 12.09.2008 | Politics
I'm not satisfied with the roster of economic personalities and thinkers we see Barack Obama mixing with.
Steve Clemons | Posted 12.07.2008 | Politics
There is a strong chance that Lawrence Summers is going to be returned to the post of Secretary of the Treasury. Larry will have to prove to us that he is different and not the harbinger of Clinton Term III.
Sara Davidson | Posted 11.28.2008 | Politics
It's hard to describe how transported we felt walking out of that women's conference. Some were in tears. Others felt reassured to have heard in person the kind of policy Obama wants to enact.
Vicky Ward | Posted 11.27.2008 | Politics
Comedian Jon Stewart, probably New York's most beloved television host, started to speak -- and to my astonishment -- was heckled
AP | MADLEN READ | Posted 02.09.2009 | Business