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To: Tobias Ekman who wrote (80751)	5/12/1999 10:26:00 AM
From: L. Adam Latham	Read Replies (1) \| Respond to of 186894

All: Rubin resigning: cnnfn.com Treasury's Rubin to resign Deputy Treasury Secretary Summers to be named as successor May 12, 1999: 10:17 a.m. ET Analysts: Rubin departure would hit stocks, bonds - March 26, 1999 NEW YORK (CNNfn) - Treasury Secretary Robert Rubin is resigning, the White House confirmed Wednesday. Rubin plans to officially announce his decision later Wednesday, CNN has learned. Deputy Treasury Secretary Lawrence Summers will be named to succeed him The Dow industrials immediately plunged nearly 200 points on rumors of the news that Rubin, one of President Clinton's closest advisers, will step down. After the news was confirmed, the Dow rebounded somewhat, but remained down about 100 points. Adam