“It was like that when I got here.” - Homer Simpson
He was too busy hiding money for Enron at the time to notice.
How do you tell when a liberal is lying?
When his lips are moving and sound is coming out.
“I do not recall knowing . . . “ - what a weasel!
He’s either lying or he’s incompetent.
Where have I heard that before.
Oh yeah. Rose law firm billing records.
He should have known...
“Let me start by saying I’m sorry,” Prince said at the second day of hearings by the Financial Crisis Inquiry Commission. He is “deeply sorry,” he said, for the failure of Citigroup’s management, starting with him, to foresee the crisis that wreaked devastation on the U.S. economy and ordinary Americans.”
“Rubin said “We all bear responsibility for not recognizing this, and I deeply regret that.”
I’ll be holding my breath for signs of the first dollar coming back out of the pockets of these thieving parasites. Not.
Former treasury secretary paid massive amounts by CITI claims he does not understand basic banking...sure...
Rubin is full of shit until he donates most of his ill gotten gain to charity. Money talks and bullshit walks, Mr Rubin. Who made about 500 million or so while being on the CitiBank board of directors
Rubin will be dead in ten years anyway so giving 300-400 million to charity is not a big deal unless this money grubber thinks he can “take it with him”
Rubin said he was "confident" that Citi executives "believed in good faith" that their superiors didn't need to examine the bank's heavy holdings of the securities because they were triple-AAA rated and appeared safe from default.
So he throws his subordinates under the bus. Lying coward.
“I do not recall knowing...” Typical Clinton/Mafia evasion.
Guy was smoking in bed...fell asleep and the house caught on fire...the cops investigated and nullified the insurance payout...the guy tried to sue for the money...said he wasn’t smoking and didn’t cause the fire, the bed was already on fire when he got in it.
Forest? What Forest? Stupid trees...
Rubin is a snake and slime bucket...he is a Goldman goon who made it into the cookie jar with Bubba and now says his hands are clean...not buyin’ it...
"We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission [CFTC] -- who not only warned of the potential for economic meltdown in the late 1990s, but also tried to convince the country's key economic powerbrokers to take actions that could have helped avert the crisis. "They were totally opposed to it," Born says. "That puzzled me. What was it that was in this market that had to be hidden?"
“Mistakes were made.”
You notice he uses the lying weasel words I do not recall.
Rubin is a lying, America-hating, Liberal Globalist. He knew full well what was happening at Citi, and, would not be surprised he has his hands in the TARP Business-Socialist bailout