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Still A Force?

April 8, 2010

Former Treasury Secretary Robert Rubin – who watched his reputation as an economic titan shattered after leaving the Clinton White House – is decidedly out of favor in the nation’s capital. Except one place – the Obama administration. Behind the scenes, Rubin still wields enormous influence in Barack Obama’s Washington, chatting regularly with a legion of former employees who dominate the ranks of the young administration’s policy team. He speaks regularly to Treasury Secretary Tim Geithner, who once worked for Rubin at Treasury. ‘…Rubin is expected to face questions about his roughly $15 million per-year Citigroup pay package, for a job that required him merely to travel the world meeting with clients. He’ll also be grilled about whether he urged Citi to engage in more risky activities at a time when the bank was careening toward insolvency.’


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