Posted on 04/08/2010 7:51:52 AM PDT by facedown
WASHINGTON (AP) -- Robert Rubin, a senior adviser to Citigroup Inc. at the time of its deep losses from subprime mortgages, said Wednesday that he learned belatedly that Citi had $43 billion in high-risk securities on its books.
"I do not recall knowing before September 2007" that the bank had held onto the investments composed of repackaged mortgage bonds, Rubin said. In November 2007, Citigroup publicly estimated it would lose $8 billion to $11 billion in the fourth quarter that year from those securities.
(Excerpt) Read more at finance.yahoo.com ...
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Hundreds of billions unaccounted for..........by taxpayers.
CLINTON, RUBIN, RAHM, FRANK, OBAMA, AXELROD, JARRETT, GEITHNER KNOW WHERE IT IS.”
They should all be in jail.
rodham, clinton, obama, geithner (they have been connected for years!) =
Robert Rubin, Geithner Sr, Ayers (connected for years) =
Frank Marshall Davis =
Saul Alinsky =
How deep is this corruption!
How deep is the Media in this corruption!
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