Robert Rubin, invisible man

Michael Pollak mpollak at panix.com
Thu Jul 25 11:08:57 PDT 2002


On Thu, 25 Jul 2002 Nomiprins at aol.com wrote:


> Rubin was (a) the reason Citi could merge with Salomon before
> Glass-Steagall repeal - which (b) allowed key investment banking clients
> of Salomon's (like Enron) benefit from using Citi's balance sheet for
> receiving loans. Even, if he physically wasn't there when the contracts
> were signed, he was certainly there in spirit.

Nomi, could you elaborate on both (a) and (b)? They both sound juicy but just slightly beyond my grasp.

Michael



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