Word: rubins
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Robert E. Rubin `60, who preceded Harvard president-elect Lawrence H. Summers as Secretary of the Treasury, has been chosen to deliver this year's commencement address...
...Rubin, 62, currently chairs the Wall Street giant Citigroup, and is the third consecutive economist to serve as Commencement Day speaker. In 1999 Federal Reserve Chair Alan Greenspan spoke, and last year Nobel Prize-winning economist Amartya Sen gave the address...
...Rubin has been a rare public servant, someone who has worked in a quiet, understated, yet supremely effective way to make one of the world's most complicated and important jobs seem almost easy," President Neil L. Rudenstine said...
...Treasury, Rubin oversaw some of the greatest economic growth in U.S. history, and worked to help balance the federal budget...
...comparison with Rubin on divestiture is not the only one O'Neill is up against. Apart from understanding markets, Rubin had perfect pitch when it came to the political ramifications of Treasury decisions - and of course there's the matter of being the executive-branch helmsman of an unprecedented economic boom. So far, O'Neill seems a bit more tone-deaf, especially when it comes to the jittery nerves of the bond markets, and this is in a Republican administration, where the Treasury head is usually the Big Man on Campus...