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
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The floating exchange rate system is the worst possible system, except for all the others,
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There clearly was a very intense focus on the issue with respect to the current crisis and a deep sense of commitment to do everything sensible to deal with it,
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We believe that any bank seeking to conduct new financial activities should be required to achieve and maintain a satisfactory CRA record, ... The draft bill fails to include this requirement.
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At some point, these kinds of deficits are not viable. The probabilities are extremely high that if we don't address these imbalances, then at some point, and it could be years down the road, we'll pay a very big price.
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The president's budget carries forward the economic strategy that has been so central to the strong economic conditions of the past five years, ... This budget preserves the surpluses until we strengthen Social Security, invests in areas that are critical to future productivity and the future of our country, provides for programs that protect and promote our critical economic and national security interests in the global economy, and of absolutely critical importance, this budget keeps us on the path of fiscal discipline that is so central to our economic well being.
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We have felt from the very beginning that since the problems of Mexico in 1995, that what happens in Latin America is profoundly important for the United States,
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We all shared a belief in market-based economics though we had somewhat different views as to the appropriate role of government in our society and felt that what happened abroad could greatly affect our own economic well being,
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We all shared a belief in market-based economics ù though we had somewhat different views as to the appropriate role of government in our society ù and felt that what happened abroad could greatly affect our own economic well being,
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We are working hard to reform the IRS, and it would be counterproductive at best, and very harmful at worst, if these hearings undermined morale and damaged our efforts,
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I do not think a tax cut contributes to our economic well-being,
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I would say again now that China could be the largest economy in the world within the next few decades -- though accomplishing that will be no easy task.
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Cardoso is absolutely committed to doing what needs to be done, and he has the support of the global community,
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Obviously, the present atmosphere makes it more difficult, ... It is imperative we get together as quickly as possible.
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Nothing in my 26 years on Wall Street or my six years in government suggests that there is any predictive capability even remotely reliable enough for such a system, ... In addition, the early warning itself could create precisely the instability and even panic that such a system is designed to prevent.