" Saturday, January 10, 2009
Robert Rubin resigns from Citigroup
Please tell me this doesn't mean he's lining himself up to join the already right wing economic team of the Obama administration. It already looks as though Obama has hired everyone who used to work for Rubin (including Summers and Geithner) so nothing would be a shock at this point. Rubin's best Bart Simpson "I didn't do it" shtick was wearing thin as Citi's fortunes crumbled and he claimed to have no idea what was going on despite sitting on its board. We really could have used a fresh new team to deal with this economy but apparently change will have to wait for another administration."
Why has "change" turned into more "same old, same old"?
After supporting Hillary I got on the Obama bandwagon, hoping it wasn't just talk. Right now, I'm afraid it was just talk. I also think Mr. Obama has gotten to a point where he actually believes his own hype.
Can you say HUBRIS??
Real Estate Newsletter Articles this Week: "Home Prices Continue to Cool"
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At the Calculated Risk Real Estate Newsletter this week:
[image: New vs existing Inventory]*Click on graph for larger image.*
• Part 1: Current State of th...
5 hours ago
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