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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: joseffy who wrote (177265)1/15/2009 12:40:02 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Rubin got out just at the right time. Since he's a Clintonite he'll get a pass along with the O love fest.



To: joseffy who wrote (177265)1/15/2009 12:42:37 PM
From: Smiling BobRespond to of 306849
 
In a letter to Chief Executive Vikram Pandit, Rubin praised management for making the "tough decisions" to restore Citigroup to health, following $20.3 billion of losses in the year ended Sept 30.

But he admitted to not having foreseen the credit crisis and market deterioration, which caused nearly 90 percent of Citigroup's share price to evaporate over the last two years.
---
Real men of genius
Can't compensate him enough
Tough decision to call Dodd?


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