Archive for June 13th, 2008

Why is Clinton’s Treasury Secretary Letting the a Sub-Prime CEO Walk Away with Over $50 Million?

Friday, June 13th, 2008
Duminos asked:

Rob Rubin in on the board at Citibank. And, he just took over the top position after the former CEO, Chuck Prince, resigned.

Prince made Citibank and consumers lose billions of dollars in sub-prime loans.

But, Prince is walking away with over $50 million.

Did Clinton’s man do a great job of protecting consumers? Or is he just trying to make his buddies rich at the expense of consumers?

Question posted courtesy of: Sarah

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

Posted in mortgages | 4 Comments »