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To: KonKilo who wrote (38888)1/9/2009 3:35:48 PM
From: joseffy  Respond to of 48461
 
Robert Rubin, the former Treasury secretary who has been sharply criticized over his role in the financial turmoil at Citigroup Inc., is leaving the bank.

Mr. Rubin is senior counselor and a director at the New York company, which has suffered $20 billion in losses over the past year and got a government bailout of at least $45 billion. Citigroup's troubles cast an awkward spotlight on Mr. Rubin, who received $115 million in pay since 1999, excluding stock options.

online.wsj.com

JANUARY 9, 2009



To: KonKilo who wrote (38888)1/12/2009 3:16:16 PM
From: zoeie  Read Replies (1) | Respond to of 48461
 
Paulson coming up to talk about
LEH and how they would have bkt
the whole economy if they
tried to bailout LEH.
I was holding LEH corp bonds
and was totally shocked when
they let them go under.
Were far from out of the woods.
$5.00 of debt for every $1.00 of GDP growth.
Our grandkids are going to be
paying for this.
OK enough rant for one day. <g>


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