Robert Rubin, invisible man

Michael Pollak mpollak at panix.com
Thu Jul 25 22:33:05 PDT 2002


On Thu, 25 Jul 2002, Carl Remick wrote:


> So, in late 11/01, Robert Rubin, the Vice Chairman of CitiGroup, and
> William Harrison, the Chairman of JP Morgan, called Moody's -- a key
> rating agency -- and pressured Moody's to keep Enron's investment grade
> credit rating in place until they had completed the sale of Enron to
> Dynegy."

If he did, he sure wasn't successful, was he? As I remember, Enron's rating quickly went to junk and the Dynegy deal accordingly tanked.

Michael



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