Comments on: The Revolving Door, Robert Rubin, and Citigroup http://blog.sunlightfoundation.com/2008/11/24/the-revolving-door-robert-rubin-and-citigroup/ Sunlight is said to be the best of disinfectants... Fri, 19 Mar 2010 15:37:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Heath Jones http://blog.sunlightfoundation.com/2008/11/24/the-revolving-door-robert-rubin-and-citigroup/comment-page-1/#comment-57269 Heath Jones Mon, 02 Feb 2009 17:51:54 +0000 http://blog.sunlightfoundation.com/?p=5782#comment-57269 He received more than $126 million in cash and stock in his 8 years at CitiGroup http://en.wikipedia.org/wiki/Robert_Rubin He received more than $126 million in cash and stock in his 8 years at CitiGroup

http://en.wikipedia.org/wiki/Robert_Rubin

]]> By: Paul Blumenthal http://blog.sunlightfoundation.com/2008/11/24/the-revolving-door-robert-rubin-and-citigroup/comment-page-1/#comment-40251 Paul Blumenthal Tue, 25 Nov 2008 16:52:00 +0000 http://blog.sunlightfoundation.com/?p=5782#comment-40251 According to a NYTimes report from 2000, Rubin's pay (at least 8 eight years ago) was $15 million, not including the options on his 1.5 million shares of stock. So, a lot of money: http://tinyurl.com/62xfw4 "Former Treasury Secretary Robert E. Rubin will be paid more than $15 million -- not including options for 1.5 million shares of stock -- this year in his position as one of the top three leaders of Citigroup, according to a new filing with the Securities and Exchange Commission." According to a NYTimes report from 2000, Rubin’s pay (at least 8 eight years ago) was $15 million, not including the options on his 1.5 million shares of stock. So, a lot of money:

http://tinyurl.com/62xfw4
“Former Treasury Secretary Robert E. Rubin will be paid more than $15 million — not including options for 1.5 million shares of stock — this year in his position as one of the top three leaders of Citigroup, according to a new filing with the Securities and Exchange Commission.”

]]> By: Arnold Moses http://blog.sunlightfoundation.com/2008/11/24/the-revolving-door-robert-rubin-and-citigroup/comment-page-1/#comment-40242 Arnold Moses Tue, 25 Nov 2008 14:56:21 +0000 http://blog.sunlightfoundation.com/?p=5782#comment-40242 How much did this man earn from Citigroup since 1999? How much did this man earn from Citigroup since 1999?

]]> By: Thomas Anderson http://blog.sunlightfoundation.com/2008/11/24/the-revolving-door-robert-rubin-and-citigroup/comment-page-1/#comment-40181 Thomas Anderson Tue, 25 Nov 2008 02:26:27 +0000 http://blog.sunlightfoundation.com/?p=5782#comment-40181 I have wondered why Robert Rubin's participation in and responsibility for the global meltdown we are currently experiencing had not yet been evaluated. Thank you for the excellent recap clearly explaining his involvement. The next shoe to drop will involve the credit default swap (CDS) market. Why has a non-owner of a collateralized debt obligation (CDO) been allowed to purchase a CDS on that CDO? Estimates of the size of the CDS market range from $55 to $62 trillion on only $6 trillion in corporate debt and $7.5 trillion in mortgage-backed debt. Thomas Anderson I have wondered why Robert Rubin’s participation in and responsibility for the global meltdown we are currently experiencing had not yet been evaluated. Thank you for the excellent recap clearly explaining his involvement.

The next shoe to drop will involve the credit default swap (CDS) market. Why has a non-owner of a collateralized debt obligation (CDO) been allowed to purchase a CDS on that CDO? Estimates of the size of the CDS market range from $55 to $62 trillion on only $6 trillion in corporate debt and $7.5 trillion in mortgage-backed debt.

Thomas Anderson

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