The April 27 Sunday New York Times had an incredible article on Robert Rubin, former Treasury Secretary under President Bill Clinton and former co-chairman of Goldman Sachs. Oh, and yes, currently is on the board and is chairman of the executive committee at Citigroup, which has lost billions of dollars in the recent mortgage mess. The question asked in the article was, Where was the wise man?
Rubin has always been brilliant, perhaps one of the smartest men on the street and in politics. But he has been noticeably absent during the Citigroup crisis, and this article describes his role at Citigroup and other aspects of his career.
It’s a couple insights that deal with the futures industry that make this article especially interesting.
