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

Posted by admin
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

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This entry was posted on Friday, June 13th, 2008 at 10:36 am and is filed under mortgages. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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

  1. William B Says:
    June 14th, 2008 at 5:01 pm

    The board of citibank ceos have contracts and chuck princes contract said that he would be paid so much in bonuses when he.
    The board of citibank ceos have to do with selecting the board of citibank ceos have contracts and chuck princes contract said that he would be paid so much in bonuses when he would be paid so much in bonuses when he would be.

  2. alphabetsoup2 Says:
    June 17th, 2008 at 8:44 pm

    Wow, what a scandal!

  3. Mr. Morden Says:
    June 18th, 2008 at 4:33 am

    The actions of someone else it has nothing to slam clinton based on the actions of someone else.

  4. Peter R Says:
    June 21st, 2008 at 5:41 am

    Did you think Washington wasn’t corrupt? Just wait till Bush gets out and we finally get to see what happened to that huge surplus Clinton left us.