Robert Rubin
Robert Rubin
Robert Edward Rubinis an American lawyer, former cabinet member, and retired banking executive. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992; Rubin oversaw the loosening of financial industry underwriting guidelines which had been intact since the 1930s. His most prominent post-government role was as director and senior counselor...
ProfessionPolitician
Date of Birth29 August 1938
CityNew York City, NY
I may have implied that in some sense we have taken intervention off the table. That certainly would not have been a correct implication,
The new $20 note will be an important tool against would-be counterfeiters,
As you look around the globe, it seems to me that a lot of the countries hurt by the Asian financial crises have made tremendous progress. On the other hand, in all of those countries there's a lot to do.
The international community has a strong program. ? I think the key, however, is that the program is only as effective as the implementation. And I think that we have been in a very aggressive mode over the course of the last year, and I think that what we need to do is remain in even more aggressive mode as we go forward, so each of us does our part,
I'm not going to get into the business of market prognostication,
In principal, we would not view a combination between the two companies as a bad thing.
His (Clinton's) view -- and it has been his view since the beginning of this administration -- is to respect totally the independence of the Fed,
I'm saying that we have significant concerns about significant portions ? of this, ... We need to work with Congress to work our way through that.
The Bureau of Economic Analysis has estimated that in 1995 Americans spent roughly $300 billion on financial services ... Even if increased competition were to lead to savings of just one percent, that's $3 billion
It's very hard to track money in Russia, ... If Russia destabilizes, the cost to the United States is going to be vastly greater.
It is vitally important for Latin America, the rest of the world and the United States that the international community take all steps sensible to limit the contagion that has come from the Asian financial crisis, and helping Brazil is very important in that respect also, ... What is most important though in this instance ? is the effective implementation of a strong economic program that Brazil has announced.
It is very hard to leave, because I feel deeply committed, ... to this administration, to the people with whom I've worked, to the issues with respect to which so much has been accomplished. But this almost six-and-a-half years has been all consuming, and I think it is time for me to go home to New York and to do whatever I'm going to do next.
This may be the most dramatic, most complicated and most significant economic transformation in modern history.
That is a very substantial challenge for Japan,