Robert Rubin, Move Along Folks, Nothing to See Here...

Robert Rubin


Bernie Madoff's arrest Thursday for operating a $50 billion
Ponzi scheme paled in comparison to the $122 billion Ponzi
scheme led by Robert Rubin,
Citibank Director, cited in a lawsuit that was also
filed Thursday.
But why is it Mr. Madoff getting all the press and
Mr. Rubin getting very little?
If Mr. Rubin's name seems familiar, he was Treasury
Secretary under Bill Clinton.
He also counts amongst his proteges Mr Obama's entire
top tier of economic advisors- Timothy Geithner
(Treasury Secretary), Lawrence Summers (Senior
Economic Advisor) and Peter Orszag (Budget Director).
It was Mr. Rubin along with Mr. Summers who deregulated
the banks, brokerages, and insurance companies which opened
the field to trading in the now dubious, derivatives.
Citigroup's own toxic collection of derivatives led to a
$122 billion collapse of
shareholder value, but not before a meticulously orchestrated
plan of insider trading
that allowed Mr. Rubin to cash out $30 million for himself
and $120 million more for his friends.
It should be also noted former Clinton staffer, Jamie Rubin,
his son, ran point for Mr. Obama's Wall Street fundraising,
the primary source of finances
for the Obama Presidential campaign.
Where are the pointed questions from the mainstream press?