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Rubin Should Simply Say He's Sorry and Then Leave

Wall Street Journal Original article ›

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LyrArc Article Gist
Comments from readers of WSJ about the interview with Rubin at Citigroup (Ken Brown, David Enrich, NYT, Nov. 29, 2008), and his defense of $115 million in compensation since 1999 on its pages. Readers expressed strong sentiment after the housing foreclosures, bank bailouts, and the shock to the nation's financial system. One reader says history will find Rubin, Greenspan and Barney Frank in the financial scrap heap, another says he is incredulous at the way Rubin condescendingly points to his opportunities to do better elewhere, another says Rubin uses a lot of B school mumbo jumbo like risk book and inflection points and laments the failure of Wall Street executives to take responsibility for errors of judgement.

Executive compensation and perks that are arousing public opinion as layoffs increase in 2009

03/04/2008

As layoffs increase and the credit crisis makes life difficult for most people the excutive compensation in the hundreds of millions of dollars, and perks like private jets even for failed companies, are arousing public opinion.

Grouped Articles

In Germany, Scandals Tarnish Business Elite

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Buyout Plan for Wall Street Is a Hard Sell on Capitol Hill

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Minding the Inequality Gap

New York Times 10/05/2008

Documents Show AIG Knew Of Problems With Valuations

Wall Street Journal 10/11/2008

Nonprofit Hospitals Leave The City for Greener Pastures

Wall Street Journal 10/14/2008

Executive Pay Curbs Go Global

Wall Street Journal 10/21/2008


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