2010-06-29institutionalriskanalytics.com

``Rubin remained at Citigroup through January 2009, long enough to see the bank through the most difficult part of the crisis and bailout. He was aided by his dutiful minion Geithner, who was now at Treasury but operating under careful supervision of Summers and Rubin. Geithner also facilitated the bailout of American International Group, again to the advantage of Goldman Sachs and other Wall Street dealers. Rubin then departed from the board of the badly damaged banking group and ascended into heaven.''



Comments:

catherine at 19:30 2010-06-30 said:
a whole story without mentioning that he and his 'buddies' gutted Glass Steagall :roll: ............

they knew what they were doing way back in the first Depression when they made that law and the 'boy's' in the room who gutted it in 99 will in history have the whole securitized mess laid at their feet, history will treat that act a lot differently than my media does today........

until they put that act back on the books, the mess will never be fixed..... Permalink

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