Word: rubins
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There is nothing more disturbing than reading an article devoted to the trio of Fed Chairman Alan Greenspan, Treasury Secretary Robert Rubin and Deputy Treasury Secretary Larry Summers [BUSINESS, Feb. 15]. These men hypocritically preach the merits of free markets and the evils of crony capitalism, yet have done more to subvert the free market than any other American economic navigators to date. They are anything but saviors of the world. By undermining the free markets on behalf of Wall Street special interests, they have destroyed the once level playing field and removed the essential element of risk necessary...
Greenspan, Rubin and Summers would have been an overwhelmingly better choice for TIME's Men of the Year than Bill Clinton and Kenneth Starr. FRANK HAINZE Oakland, Calif...
...role in taking steps that have helped stimulate economic growth. If not for the perseverance of some key Republicans, there would be no thought at all in the White House of making economic policy more market oriented. Our economy will stay on its rising trajectory despite Clinton, Greenspan, Rubin and Summers, not because of them. KEVIN MCLAUGHLIN Mission Viejo, Calif...
...wealth effect and stanch U.S. consumption. No board member dissented from the view expressed by Lipp that debt-fueled consumption and big current account deficits were "a sword of Damocles." Though that danger may not be immediate, Hormats noted, it is probably behind efforts by U.S. Treasury Secretary Robert Rubin and Deputy Secretary Lawrence Summers to push for Europe and Japan to do more for global economic growth: "I think they see this vulnerability coming down the road, and they want to head it off as much as they...
...reason we focused on the collection is we could offer something different for students that they can't get at Widener," Rubin explains. She adds that the Qube has been compiling the collection for over 20 years with the help of various alumni donations. Five years ago, the set exploded when one man donated his personal acquisitions--worth $8000--because his wife forced him to rid their house of the volumes. To cope with the library's massive assets, Rubin appointed a series of comics czars. Unfortunately, the most recent officeholder, Timothy D. Foley `98 graduated last June, leaving...