Today's Salon (continued) -- "Abrasive prick"

Carl Remick cremick at rlmnet.com
Thu May 13 07:00:52 PDT 1999


Oops! Left out the best part of Salon's quote today of influential LBO honcho DH's take on Bob Rubin. Article goes on to say:

Rubin was instrumental in liberalizing the flow of capital between countries, a trend that left-wing analysts charge has ravaged foreign economies. 'The kinds of liberalization measures he championed have contributed to the devastation of the economies of Mexico and Southeast Asia,' Henwood said. 'Most of the outside world is in recession or depression, and the U.S. has been the beneficiary of that. I think his resignation is his way of signaling all clear, that the worst of the crisis is behind us.' Rubin was the darling of Wall Street 'because he was one of them,' Henwood continued. 'But he's also known as an abrasive prick and a lot of people don't like him. A lot of people on Wall Street look at Summers as more of a pointy-headed Harvard boy, whereas Rubin was one of their own. He may have to prove himself by being more of a hard-ass than Rubin was.' Carl Remick, under the influence



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