Word: rubins
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...president for economic policy. After a couple of years, he was in the cabinet. Thanks to his new position, Bob's signature can be found on every newly-printed piece of American currency. As the crowning glory of this stellar resume, Secretary of the Treasury Robert E. Rubin '60 is steering the world's most powerful country through the rocky waters of the global financial crisis...
...conquering the elusive troika of money, power and prestige, Rubin is living the dream of the hyper-ambitious. As the embodiment of what so many at Harvard seem to be striving to emulate, he's the poster boy of the Harvard undergrad. The drive to equal this uber-alum's conquest of the troika has become one of the defining characteristics of undergraduate--especially senior--life at Harvard. Curiously though, this drive is often self-defeating. For the more success we attain, the less-satisfied we feel. Call it the prestige paradox...
...Roach. But what can they do? The International Monetary Fund has exhausted its ability to keep acting as a global lender of last resort, in large measure because the U.S. Congress has failed to pass appropriations to refill its coffers. President Clinton has asked Greenspan and Treasury Secretary Robert Rubin to set up a meeting with their counterparts in 22 countries, stirring some hopeful talk of a coordinated cut in global interest rates. But Greenspan promptly denied that any such move was afoot, and the TIME board thinks he is only being realistic. "The main decision makers are focused...
Little wonder that on the eve of this week's annual International Monetary Fund meeting in Washington, the IMF and U.S. Treasury Secretary Robert Rubin sent their strongest signals yet that they're poised to assemble a $30 billion package of bailout loans to Brazil. "We believe that the economic well-being of Brazil is critically important not only to our economy but to the entire hemisphere," said Rubin...
...half-century. Their ideas range from Mahathir's ban on currency trading in depression-mired Malaysia to the Clinton Administration's talk of a new "global financial architecture" that would preserve a relatively free flow of capital while reducing the volatility of world financial markets. Says Treasury Secretary Robert Rubin: "Clearly, the time has come to build a stronger system." Among his proposals: speedier IMF loans to help countries ward off economic crises, and more honest public record-keeping by governments so investors can tell which nations are sound...