Obviously I meant $126 Million while the economy crumbled.
Why isn’t Bawney Fwank and Chris Dodd not in jail either? They’re the ones who used Fannie and Freddie as personal political piggie banks.
He should have gone to jail when he asked Bush’s Treas Sec to withhold his ruling on Enron so he could get his customers out of the stock. I believe it was O’Neil who reported what Rubin had done.
Further, when O’Neill left the msm was touting Rubin for his replacement.
Because he’s a Democrat.
Because to be convicted of a crime, the facts have to be proven beyond a reasonable doubt.
Rubin claims that he did not know what was going on. Can anyone prove that he did? SOX applies to the CEO, but not to the BofD.
Rubin is part of the World Elite. He will never see jail.
wait wait wait!! I know this one!
Because he’s a Democrat?
Remember the media and Congressional lynch mob out for Ken Lay and the rest of the Enron executives. Enron was a minor blip compared to the damage done by Rubin and other Wall Street investment bank speculators.
Lay had the misfortune of being from Texas and supporting Republican candidates. Rubin and other perpetrators of the current crisis had the fortune to be members of the Eastern liberal elite.
Two sets of standards in this country. Like it, change it, or leave.