Word: rubins
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...making his case, however, Clinton was not helped by the fact that he entrusted the job of winning votes in Congress to ex-Wall Street whiz and newly appointed Treasury Secretary Robert Rubin. The former co-chairman of Goldman Sachs knew many of Mexico's leading industrialists (his business contacts included Telefonos de Mexico; cement giant Cemex; and Banco National de Mexico, the country's largest bank). But after two years as head of Clinton's National Economic Council, Rubin knew little about lobbying Capitol Hill. Although Treasury had prepared a state-by-state analysis of how a Mexican meltdown...
...Germany, Denmark, the Netherlands, Belgium and Switzerland. "They literally got the proposal an hour before it was announced," says TIME Washington correspondent Suneel Ratan. "It does appear that Clinton has broken a few eggs on the way to making this omelette." U.S. officials told Ratan that Treasury Secretary Robert Rubin is attempting to smooth ruffled feathers today at a meeting of G-7 finance ministers in Toronto...
...Rubin called John Snow, CEO of CSX Corp. that evening, asking him to activate the Business Roundtable, a group of business leaders concerned with public policy. The next day that organization asked ceos of more than 200 companies to contact an accompanying list of freshmen Republicans and push for support. Rubin and other officials began telephoning reporters and editors with spin. No one disputed that the stakes are high. Treasury's Rubin argued that if the loan guarantees were defeated, financial markets would panic in Mexico and in other emerging countries. ``You have the prospect of very serious ramifications...
REPORTED BY David Bjerklie and Sharon E. Epperson/New York, Ann Blackman/Washington and Richard Woodbury/Denver. CHARTS RESEARCHED BY Deborah L. Wells, Kathleen Adams, Elizabeth L. Bland, Ratu Kamlani and Richard Rubin...
...prevailing culture of the Airborne was one that tolerated, and perhaps encouraged, racism and sadism,'' the Montreal Gazette said in an editorial last week. The daily urged the government to investigate the unit. ``The elite paratroop regiment looks out of control,'' declared the Toronto Star. ``We need answers,'' said Rubin Friedman, an executive of B'nai Brith in Ottawa. ``The issue goes beyond individual acts of racism and brutality and shows systematic dehumanization...