Comments on: Citi Tries to Manage Rubin’s Reputation http://www.ritholtz.com/blog/2008/11/citi-tries-to-manage-rubins-reputation/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 21:16:44 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: dumb hick in GA http://www.ritholtz.com/blog/2008/11/citi-tries-to-manage-rubins-reputation/comment-page-1/#comment-128994 dumb hick in GA Wed, 26 Nov 2008 13:50:19 +0000 http://www.ritholtz.com/blog/?p=10972#comment-128994 @Route66 I think you mean Brooksley Born. And, yes, she warned of the derivatives time bomb back in '97. In May of '98 the President's Working Group, Greenspan & Rubin, rejected her report on the derivatives market and it's need for regulation and an exchange. Good judgment by the wizards of smart. @Route66

I think you mean Brooksley Born.

And, yes, she warned of the derivatives time bomb back in ’97. In May of ’98 the President’s Working Group, Greenspan & Rubin, rejected her report on the derivatives market and it’s need for regulation and an exchange. Good judgment by the wizards of smart.

]]> By: Marion Maneker http://www.ritholtz.com/blog/2008/11/citi-tries-to-manage-rubins-reputation/comment-page-1/#comment-128940 Marion Maneker Wed, 26 Nov 2008 03:06:29 +0000 http://www.ritholtz.com/blog/?p=10972#comment-128940 @BG Here's the link to your Sunday night clip: http://www.cnbc.com/id/15840232?video=937267845 But you should look at Gasparino's appearance a few minutes later on Fast Money where he hardly seems contrite. @BG

Here’s the link to your Sunday night clip: http://www.cnbc.com/id/15840232?video=937267845

But you should look at Gasparino’s appearance a few minutes later on Fast Money where he hardly seems contrite.

]]> By: Route66 http://www.ritholtz.com/blog/2008/11/citi-tries-to-manage-rubins-reputation/comment-page-1/#comment-128922 Route66 Wed, 26 Nov 2008 01:10:56 +0000 http://www.ritholtz.com/blog/?p=10972#comment-128922 Back in 1997 a woman Bradsley Born tried again and again to get Greenspan et al to reign in some of these exotic thingy's but was shot down time and again by Greenspan, Rubin and Summer's. If you google her its a good read. In the meantime we need to get Rubin and Summer's out of the loop. 66 Back in 1997 a woman Bradsley Born tried again and again to get Greenspan et al to reign in some of these exotic thingy’s but was shot down time and again by Greenspan, Rubin and Summer’s. If you google her its a good read.

In the meantime we need to get Rubin and Summer’s out of the loop.

66

]]> By: BG http://www.ritholtz.com/blog/2008/11/citi-tries-to-manage-rubins-reputation/comment-page-1/#comment-128915 BG Wed, 26 Nov 2008 00:12:20 +0000 http://www.ritholtz.com/blog/?p=10972#comment-128915 I get a sense it is not so much Citi trying to manage Rubin's reputation and more on CNBC trying to clean up their own irresponsible reporting of the story. I get a sense it is not so much Citi trying to manage Rubin’s reputation and more on CNBC trying to clean up their own irresponsible reporting of the story.

]]> By: BG http://www.ritholtz.com/blog/2008/11/citi-tries-to-manage-rubins-reputation/comment-page-1/#comment-128913 BG Wed, 26 Nov 2008 00:06:20 +0000 http://www.ritholtz.com/blog/?p=10972#comment-128913 BG Says: November 25th, 2008 at 5:57 pm Well, well, well….I hope you all saw CNBC & Mr. CG blink this Evening at 5:25EST on Fast Money. It proves that if CNBC goes too far in communicating “their view” and as a result gets threatened, they will (even if reluctantly so) provide the rest of the story. IMO, that is exactly what happened. It is obvious to me that advocates of Bob Rubin (possibly Robert Rubin, himself) laid down the gauntlet to CNBC (in terms they clearly understood) for their reporting of Citi’s decision to take on a greater risk profile in past years and Rubin’s input into that decision. Sunday night, CG painted the story that it was all the making of Bob Rubin. Well, scratch that! I enjoyed Charlie’s recant very much, not for what he said; but, for what I know took place behind the scenes. It’s about damn time! Like a plain ‘ole Country TV Viewer, it was just splendid! ==== Barry, thanks for covering this. It would be great if you could get a clip of CG's rant against Rubin last Sunday night. That would be alot of fun for the sake of comparison. BG Says:
November 25th, 2008 at 5:57 pm

Well, well, well….I hope you all saw CNBC & Mr. CG blink this Evening at 5:25EST on Fast Money. It proves that if CNBC goes too far in communicating “their view” and as a result gets threatened, they will (even if reluctantly so) provide the rest of the story. IMO, that is exactly what happened.

It is obvious to me that advocates of Bob Rubin (possibly Robert Rubin, himself) laid down the gauntlet to CNBC (in terms they clearly understood) for their reporting of Citi’s decision to take on a greater risk profile in past years and Rubin’s input into that decision.

Sunday night, CG painted the story that it was all the making of Bob Rubin. Well, scratch that! I enjoyed Charlie’s recant very much, not for what he said; but, for what I know took place behind the scenes. It’s about damn time! Like a plain ‘ole Country TV Viewer, it was just splendid!

====

Barry, thanks for covering this. It would be great if you could get a clip of CG’s rant against Rubin last Sunday night. That would be alot of fun for the sake of comparison.

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