Breaking:Citi-Group About To Release Enron Like Problem

FOX,CNBC | 7-22-02 | my favorite headache

[My Favorite Headache]

Radio and I just see FOX reporting this. Big lender to worldcom and other giants...in trouble.Markets now back to falling...here we go.

[RayChuang88]

I want the Feds to look at two companies: The Soros Group and Goldman Sachs.

Given both George Soros and the Goldman Sachs firm are buddy-buddies with the Clinton crowd, you wonder did they engage in fraudulent activity like the Clintons did. We know that it was Soros through his Quantum Fund that caused the Asian economic crisis of 1998-1999 due to manipulation of currency trades.

[steveegg]

Now where do I remember Alwaleed from? Could it have been his support for the PLO or Al-Qaida?

[Vets_Husband_and_Wife]

This isn't the same Citi-Group that employ's Robert Rubin as Vice Chair is it?

Time to flush, and expose these creeps. As one Freeper said.. its the "is, is" factor. All the things they are trying to bring up regarding VP Cheney and President Bush, are nothing but smoke screens because August the 14th is drawing near. They will let all this stuff out now, hoping the public will ignore or forget it.

A great article posted on FR today isn't getting much attention,.. but it should be. Read this!!

http://www.freerepublic.com/focus/news/720393/posts

[NativeNewYorker]

The Prince is averaging down. A classic mistake of investing novices.

[Mo1]

Yep that would be the same Citi Group Rubin works for

If I recall he was pusing for loans for Enron also

Worked for Goldman Sacks if memory serves me correct

Hmmmm ... the history that follows Rubin

[mwl1]

Thanks for the info on Rubin's compensation. My recollection is that it exceeds $30 million per year.

[mware]

Hi Jim,

I think that Joe Lieberman is in real tight with this group too.

[kcvl]

Citigroup Deal Helped Enron to Hide Its Debts

Robert E. Rubin is a Director, a Member of the Office of the Chairman of Citigroup Inc., and a member of the Citigroup Management Committee. He has been involved with financial markets and our nation's public policy debate all his professional life.

Mr. Rubin joined Citigroup on October 26, 1999, where he participates in the strategic, managerial and operational matters of the company. He also serves as a member of the Board of Directors of the Ford Motor Company. In March 2000, he became a member of the Advisory Board of Insight Capital Partners, a New York-based private-equity investment firm that specializes in e-commerce business-to-business companies.

______________________________

To Regain Confidence

By Robert E. Rubin
Sunday, July 21, 2002; Page B07

In my view, we need to restore the sound, broad-based strategy that was so central to the prosperity of the '90s. More specifically, I would focus especially on the following:

More... Robert Rubin speaks

___________________

[steveegg]

It's time to start prosecuting certain RATs for willful fraud.

[Quicksilver]

No way that a Clintonite and LIEberman has ANYTHING to do with this. < /sarcasm >

[Blood of Tyrants]

Maybe, but he is obviously in the "Too rich to go to jail" catagory.

[kcvl]

Many former Clinton administration officials have cashed in on their Washington connections to make a killing in the corporate world, including former Treasury Secretary Robert Rubin. The ex-cabinet officer earned $21 million in 1999 from Citigroup. The company came into existence due to legislation that Rubin helped push through Congress while serving under Clinton.

[TheGrimReaper]

Let the Congressional finger-pointing commence!!!

[marshmallow]

It's the end of the world as we know it.........and I feel fine, I feel fine.........

[aristeides]

Are Rubin's options any good now?

[hove]

Isn't this ironic? It's not the Islamic terrorists that are taking this country down. It's the corporate elite...and the politicians they sleep with. I wonder if history will record this story correctly???

[Blood of Tyrants]

The billionaire investor, who ranks 11th 12th 13th 14th 15th 16th 17th on Forbes's list of the richest people in the world,

[steveegg]

Makes me more and more convinced that the third part of the 2000-2002 stock collapse is entirely the fault of the RATs (I'll give normal market conditions the first part, and 9/11 the second).

[b4its2late]

Holy crap.....

[Sloth]

Alwaleed, Citigroup's largest shareholder since 1991... also has stakes in AOL Time Warner Inc. and Priceline.com Inc.

Boy, can this guy pick 'em, or what?