ML-Implode News - WikiLeaks Emails Show Citigroup Had Major Role in Shaping and Staffing Obama's First Term

Robert Rubin was also contacted on November 1, 2008 at his official Citigroup email address by Tarullo. The same email was copied to another Clinton Treasury Secretary, Larry Summers, who was then at a hedge fund, DE Shaw. The email indicates that Tarullo was seeking the opinion of Rubin, Summers and others in Obama's closely knit circle as to whether Obama should attend a G20 Summit as President Elect. (Clip on the top tab "attachments" to read the full memo.)
Let that sink in for a moment. The Obama team was asking Robert Rubin, who had played a major role in pushing for the repeal of the Glass-Steagall Act, which had in turn allowed Citigroup to become an unraveling banking behemoth that was at that very moment playing an outsized role in cratering the U.S. financial system, to give it advice on how Obama should conduct himself on financial and economic matters.

Around these parts, we had noticed around that time (as did many other observers) based purely on public posture, that the Obama administration was the "Citigroup administration" -- and that that was more than a little ironic, given the contemporaneous financial crisis....

Relevant:

WikiLeaks Emails Show Citigroup Had Major Role in Shaping and Staffing Obama's First Term