Word: rubinã
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...that old feeling of nervousness may have returned in the past months as Rubin??s financial firm, Citigroup, posted billions of dollars in losses and had its CEO resign amid the Wall Street financial crisis...
...think they had a very close and deep intellectual bond,” said Michael B. G. Froman, Rubin??s former chief of staff at the Treasury. “Oftentimes it was sort of like a constant seminar back and forth...It was a rich intellectual partnership—I say partnership on purpose, because Bob very much treated Larry like a very important partner in everything...
...Rubin??s lack of visibility at Harvard—he has missed some of the few public appearances of the Corporation, including last year’s Commencement—contrasts with his prominence in the financial sector...
...Rubin??s new role was short-lived, as Citigroup replaced him less than a month later with Sir Win Bischoff, who had taken on the role of acting CEO following Prince’s departure. Bischoff was soon succeeded as chief executive, though he is still chairman...
...Joseph Condon, a former regional manager for Citigroup in New York City and a current Citi shareholder, challenged Rubin and other members of Citi’s Board of Directors at the annual shareholders meeting in late April over Rubin??s involvement with Citi in the prelude to the firm’s disastrous losses...