Word: rubins
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Following the plunge in American equity markets late last October, Rubin's announcement that the "underlying economy was still sound" is cited as a major reason the country averted a financial collapse...
Most recently Rubin and the Treasury Department have spearheaded the International Monetary Fund's bailout of South Korea and the nations of Southeast Asia...
Owen Ullmann, senior news editor at Businessweek's Washington bureau, describes Rubin as a "moderate on economic policy and a liberal on social policy," noting on the one hand his advocacy of "pragmatic fiscal policies" friendly to Wall Street and on the other his support for programs to combat urban poverty...
Moreover, Ullman, Chandler and Levy all concur in their characterizations of Rubin as an "egalitarian manager" who aims to involve even the lowliest staffers in his policy decisions as part of a personalized modus operandi...
Ullman also notes Rubin's "thoughtful, quiet nature" and his ability to keep his "ego from clouding his judgment...