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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Robert Rubin

Robert Rubin stories: 17 news summaries
OPINION

Brown's Woes Offers Obama Reality Check

Voters don't reward economic competence after crisis: Krugman

Jun 8, 09 8:50 AM CDT
(Newser) - The Bush administration has taken much of the blame for the American recession, but a "huge housing bubble and a financial crisis" were always on the cards, as Paul Krugman writes for the New York Times. Writing from London, where voters gave Gordon Brown a pummeling in Thursday's... More »

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United Kingdom • Gordon Brown • recession • global economy • Robert Rubin • housing bubble • bank regulation • deregulation • Obama administration • financial crisis

ANALYSIS

Missing, Not Missed: CEOs in Obama Cabinet

Prez keeps Wall Street at arm's length, leans on pols, academics

Feb 20, 09 10:02 AM CST
(Newser) - To the multitude of differences between the Obama administration and its predecessors, add the absence of corporate CEOs from Cabinet meetings. The reason is simple, reports Politico: There aren't any. Recent Wall Street-to-Washington catastrophes such as the Bush Treasury Department aren't the only reason, either. "Obama’s more... More »

MORE ABOUT:
Barack Obama • CEO • Henry Paulson • business • Eric Schmidt • Terry McAuliffe • Robert Rubin • Obama administration • Obama Cabinet

analysis

 Bill, Gore, Rubin 
 Guide Obama 
 in Spirit 

Bill, Al Gore and Robert Rubin leave mark on transition

Jan 20, 09 9:30 AM CST
(Newser) - Three of Barack Obama’s most important advisers will accompany him to the Oval Office only in spirit, Gerald Seib writes in the Wall Street Journal: Bill Clinton, Al Gore, and Robert Rubin. In leaving behind a healthy record as Democratic building blocks, the Clinton years left Obama “what... More »

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Barack Obama • Democrats • Al Gore • White House • Bill Clinton • Robert Rubin • legacy • transition team • President Obama

 Rubin Quits Citi; 
 Smith Barney for Sale 

Ex-Treasury Sec. saw company's stock dive 90% since late '06

Jan 9, 09 3:15 PM CST
(Newser) - Former Treasury Secretary Robert Rubin is leaving his posts at struggling Citigroup, the Wall Street Journal reports. He retired as a senior counselor effective today, and won’t pursue another term on the board of directors. Journal sources also say Citigroup is in talks to sell Smith Barney, its brokerage... More »

MORE ABOUT:
Barack Obama • Citigroup • Robert Rubin • board of directors • Treasury secretary • Wall Street bailout

ANALYSIS

Battle Over Regulation Looms in '09

Some worry Obama won't do enough to rein in derivatives market

Dec 25, 08 9:24 AM CST
(Newser) - After the economic meltdown of 2008, the coming year will see a battle over one of the most politically contentious issues in finance: the regulation of derivatives markets. Some who opposed government oversight before now acknowledge the need for tighter controls. But they face an uphill battle, reports Newsweek, against... More »

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Alan Greenspan • SEC • oversight • derivatives market • regulation • SEC commissioners • Robert Rubin • auction-rate securities • Obama administration • financial crisis

OPINION



 Blago the 
 Only Rat 
 Paying 
 the Piper 

'Chicago punk,' sure, but ever heard of Bush, Rumsfeld, Lay, Rubin?

Dec 14, 08 1:18 PM CST
(Newser) - Poor Rod Blagojevich: He merely tried to auction off the president-elect’s Senate seat and could be imprisoned for it. But the men who bungled Iraq and crashed our economy can anticipate vacations and White House jobs, Frank Rich writes in the New York Times. Luckily for us, Blagojevich “... More »

MORE ABOUT:
corruption • Lewis Scooter Libby • Illinois • Frank Rich • governor • Robert Rubin • Ken Lay • Rod Blagojevich • political scandal • George W. Bush

OPINION

Obama Should Beware 'Best and Brightest'

A la JFK's Cabinet, too often masks poor judgment, inexperience

Dec 7, 08 1:18 PM CST
(Newser) - Barack Obama has won praise for appointing “the best and the brightest” to his Cabinet during a time of war and economic hardship. But all the back-patting sounds a little too familiar, Frank Rich writes in the New York Times. “The stewards of the Vietnam fiasco had... More »

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Barack Obama • Hillary Clinton • Vietnam • David Halberstam • John F. Kennedy • Paul Volcker • Robert Rubin • financial crisis • President Obama • Timothy Geithner • Lawrence Summers

Obama Fiscal Team Reunites Rubin Protégés

But even ex-Treasury boss losing Clinton-era free-market policies

Nov 24, 08 9:54 AM CST
(Newser) - Barack Obama’s incoming administration is stocked with acolytes of Bill Clinton-era Treasury Secretary Robert Rubin, reports the New York Times. But even Rubin and his protégés are no longer quite as enamored as they once were of so-called Rubinomics—deregulation, balanced budgets, and free trade. Facing economic... More »

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Robert Rubin • Larry Summers • economic adviser • Obama administration • Timothy Geithner

Paulson:
We're Doing
the Right Thing

Bush administration 'creatively working'
on financial crisis

Nov 17, 08 9:00 PM CST
(Newser) - On the eve of his testimony before Congress, beleaguered Treasury Secretary Henry Paulson used last night's speech to defend the administration's response to the nation's "unprecedented" financial crisis. Paulson said without the $700 billion Wall Street bailout, things would be even worse, ABC News reports. "It's hard to... More »

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Wall Street Journal • Henry Paulson • Treasury Department • Robert Rubin • economic stimulus package • Larry Summers • economy • Treasury secretary • financial crisis • Wall Street bailout

 Rubin Won't Take Treasury Post 

Decision paves the way for another former Secretary, Lawrence Summers

Nov 6, 08 2:50 PM CST
(Newser) - Former Treasury Secretary Robert Rubin, a top economic adviser to Barack Obama during the campaign, will not reprise that Cabinet role in the new administration, Bloomberg reports. “I've spoken with him and told him I'm not interested in going back into government,” Rubin said today. His denial boosts... More »

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Barack Obama • Jon Corzine • Paul Volcker • Robert Rubin • Larry Summers • Treasury secretary • transition team • President Obama • Timothy Geithner

Obama Donors Get to Hang With the Big Kids

Fundraisers with Kerry, Buffett kept the fat checks coming in

Oct 29, 08 2:18 PM CDT
(Newser) - Barack Obama’s money machine has kept rolling thanks, in part, to a series of intimate fundraisers headlined by his top advisers, Politico reports. In exchange for a mere $28,500, Obama supporters could snag seats at a dinner with Warren Buffett or a “Round Table Discussion” with Robert... More »

MORE ABOUT:
Barack Obama • John Kerry • campaign finance • Warren Buffett • fundraiser • Robert Rubin • Election 2008

Candidates Diverge on Picking the Next Paulson

McCain looks to big names; Obama seeks to sooth markets

Oct 7, 08 5:34 AM CDT
(Newser) - The post of Treasury secretary may be the most important appointment the next president has to make and John McCain and Barack Obama seem to be using different criteria, Bloomberg reports. McCain has mentioned big names like billionaire investor Warren Buffett and former eBay CEO Meg Whitman, while insiders say... More »

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Barack Obama • John McCain • Warren Buffett • Henry Paulson • Treasury Department • Meg Whitman • Robert Rubin • Election 2008 • Treasury secretary • Timothy Geithner

Labor Blasts Obama's Top Economist

Unions worry that candidate is tilting toward Wall Street

Jun 12, 08 7:37 AM CDT
(Newser) - After locking up the Democratic nomination, Barack Obama moved quickly to bring Clinton supporters into his general election tent, including Robert Rubin, President Clinton's treasury secretary. Jason Furman, an economist closely associated with Rubin, was hired as economic policy director, and that's provoked the ire of labor unions, who see... More »

MORE ABOUT:
Barack Obama • economics • labor • economist • AFL CIO • labor unions • Robert Rubin • Jason Furman • John Sweeney

Clinton Calls for Blue-Ribbon Mortgage Panel

Emergency plan would enlist Greenspan,
other big thinkers

Mar 24, 08 2:39 PM CDT
(Newser) - Ex-Fed chief Alan Greenspan and other high-profile economic bigwigs should take the lead in deciding whether the government should buy homes affected by the housing crisis, Hillary Clinton says. "As it has in the past, this kind of temporary measure by the government could give our economy the boost... More »

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Hillary Clinton • Alan Greenspan • Chris Dodd • Barney Frank • Robert Rubin • subprime crisis

Struggling
Citi Names
Pandit CEO

Megabank looks to former Morgan Stanley prez to lead recovery

Dec 11, 07 2:19 PM CST
(Newser) - Citigroup today named Vikram Pandit its new CEO. The current head of private-equity and hedge-fund investments will be charged with leading the bank's recovery from staggering losses in the subprime collapse and a 38% drop in its share price this year. The ex-Morgan Stanley president joined Citigroup in April; he... More »

MORE ABOUT:
Citigroup • Morgan Stanley • Charles Prince • Robert Rubin • Vikram Pandit • Philip Purcell • Win Bischoff

Rubin Named Chairman of Citigroup

Prince out; company
to report $8-11B more
in writedowns

Nov 4, 07 6:00 PM CST
(Newser) - Citigroup CEO and Chairman Charles Prince resigned today, clearing the way for former US Treasury Secretary Robert Rubin to be named chairman, the Wall Street Journal reports. Sir Win Bischoff was named interim chief executive. Citigroup also plans to report $8-$11 billion in mortgage-related writedowns, on top of the $2.... More »

MORE ABOUT:
Wall Street • Citigroup • SEC • credit crisis • Charles Prince • Robert Rubin • subprime crisis

Prince to Resign From Citigroup

CEO takes 'very unusual move' after bleak third quarter earnings and SEC probe

Nov 2, 07 7:36 PM CDT
(Newser) - Growing pressure on Citigroup Inc. is prompting CEO Charles Prince to end his four-year rein this weekend. Bleak third-quarter earnings and an SEC probe of Citigroup's accounts have amped up existing frustration at the financial services company. Prince has "stepped up and done the right thing without forcing the... More »

MORE ABOUT:
Wall Street • Time Warner • Citigroup • Charles Prince • Robert Rubin • subprime crisis

17 Stories


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