Robert Rubin: the $100 million dollar visionary behind too big to fail
Robert Rubin had a vision of American prosperity built on shipping our manufacturing capacity overseas, the repeal of Glass-Steagall so that banks could grow too big to fail, and the absolute prohibition of anyone anywhere messing with the brave new world of financial derivatives…and he achieved all of these things as Secretary of the Treasury under Clinton.
Then he joined his first too big to fail creation, Citigroup, as their senior counselor where he kept that same big picture in mind—as befitting a visionary–and spread his Robert Rubin seeds ever deeper into the fertile lands of Wall Street
And how did that work out for America and for Citigroup?
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