Word: rubins
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When Jacob A. Rubin '03 returned to his room in Matthews Hall around 3:30 a.m. the morning of Sunday, Oct. 3, he left his Yankees cap on his desk in his suite's common room. The next morning, his roommate Geoffrey M. Stevens '03 woke up around 11 a.m. He checked his e-mail and then went to the bathroom. The bathrooms in Matthews don't have any paper towels, just an ineffectual hand-dryer, so Stevens dried his hands with toilet paper. When he threw the wad of toilet paper in the garbage can, he saw it land...
...Then, Tuesday's trading day closed with the announcement that Robert Rubin - who as treasury secretary was one of the chief proponents behind the push to repeal the Depression-era banking firewall known as Glass-Steagall - would be joining Citibank, one of the repeal's chief beneficiaries. But although the news that Rubin would join the financial conglomerate just days after helping finalize a deal that would dismantle Glass-Steagall raised some eyebrows, "Rubin?s reputation is second only to Alan Greenspan's in integrity," says TIME business writer Karl Taro Greenfeld. "And he's been a very sought-after...
...Washington the Clinton Administration is following events with alarm. "We have asked the Russians to clarify their actions and intentions," says State Department spokesman James Rubin, adding that the U.S. is urging constructive dialogue on both sides. The use of force, he says, "will make dialogue that much harder to occur...
...dollar's plight is the first major challenge for Treasury Secretary Larry Summers, 44, the economist who succeeded Robert ("Just Right") Rubin three months ago. Summers' mantra--"A strong dollar is in the national interest of the United States"--was the same one repeated for six years by Rubin, a period during which the Dow rose a mountainous 7,000 points. In contrast, the as yet brief Summers era has seen the index drop some 900 points. But Summers says his focus is on "the fundamentals," such as creating a budget surplus, which he argues is best for both...
...Nobel Peace Prize committee assembles in Oslo this week. While it's deliberating, Notebook asked Barnett Rubin, director of the Council on Foreign Relations' Center for Peace and Conflict Studies, to handicap some hopefuls...