While Bernie Madoff has a 150 year sentence, this guy Robert Rubin receives $126 million in compensation for almost bankrupting citigroup and acting as one of the main architects working to repeal legislation, as the Secretary Treasurer of Clinton, the era which Glass–Steagall was revoked, and then as chairman of the bank’s executive committee.
The Commodity Futures Modernization Act which he helped enact exempted the mortgage fraud bubble of CDO's and credit default swaps.
Yet this guy here is rich and safe and healthy, having fleeced america. As the article starts out with: "Can we all agree that a $1 billion swindle represents a lot of money, and the fact that Citigroup agreed last week to pay a $285 million fine to settle SEC charges for “misleading investors” demonstrates a damning admission of culpability?"
Yes. They know what they did. Do you feel that these fiscal punishments fit the crime, or are some other consequences in order?
Robert Rubin: Too Big to Jail | Truthout
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Friday, November 4, 2011
Robert Rubin: Too Big to Jail | Truthout
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