November 29, 2008
HMM: Rubin, Under Fire, Defends His Role at Citi. “Under fire for his role in the near-collapse of Citigroup Inc., Robert Rubin said its problems were due to the buckling financial system, not its own mistakes, and that his role was peripheral to the bank’s main operations even though he was one of its highest-paid officials.” Sounds kinda self-serving, but since it’s still the Obama honeymoon he’ll probably get a pass. Though if he does, it will force the Dems to throttle back on their blame-Wall-Street talk . . . .