Sunday, November 30, 2008

Confessions Of Citigroup's Robert Rubin

This past Saturdays edition of The Wall Street Journal had an interview with Citigroup's Senior Advisor and Board member Robert Rubin. I obtained an unredacted copy of the interview from a non-Jewish staff member.

WSJ: Good morning Mr.Rubin.

Rubin: My coffee and bagel are cold. Can you freshen them up?

WSJ: Certainly. Can I call you Bob?

Rubin: For now.

WSJ: Since 1999, when you were brought on board at Citigroup by former CEO Sandy Weill, you have pocketed over $200 million in salaries and stock options. During that same time Citigroup's stock has lost over 90% of its value and now teeters on bankruptcy.

Rubin: So?

WSJ: Don't you feel any guilt? Weren't you overpaid when all things are considered?

Rubin: Hey, nobody saw this problem coming.

WSJ: Exactly. That's my point. You got over $200 million in compensation but still classify yourself with all the other "nobodys"that didn't see the financial meltdown coming. So where's the value-added from you ?

Rubin: Are you anti-semitic?

WSJ: No. Actually I'm a Jew but not a filthy Jew.

Rubin: What do you mean by that?

WSJ: Isn't it true that Sandy Weill enlisted your help to drive out of office his non-Jewish, co-Chair and 16 year veteran John Reed in 2000?

Rubin: Reed had thin skin. He had a thing about morals and cleanliness. He was a pushover.

WSJ: How did you help Weill get rid of this responsible man?

Rubin: Well off the record. When morals get in the way of money-making, morals go bye-bye. Anyway back to your question, during the week I would have a butt outside and wait for Reed's limo to pull up. Then I would call Sandy on the cell for the tricks da jour.

WSJ: And?

Rubin: Sometimes Weill would rush to Reeds privy and make a mess and not clean up. Or many times he would replace Reeds wife picture with Sandy's own wifes picture. She looks like Sandy in drag. She makes Greenspan's wife Andrea "Shrink Wrap" Mitchell look like Greta by comparison.

WSJ: Anything else?

Rubin: Yea , I think the last straw was when Reed got a solicitation for a discounted Jewish High- Holidays dog circumcision that was refered to him by Sandy himself . Hey where's my coffee and bagel?

WSJ: Hey Bob, go fuck yourself.

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Thursday, November 13, 2008

Halliburton & Citigroup: Poor Results For Their Greedy CEOs

Halliburton and Citigroup are stocks that symbolize the criminal greed of the past 8 years. Halliburton represents war for profits. Dick Cheney was its CEO before he was sworn in as Veep in 2001. Using his position of power and the life-long relationship he had with Secretary Of Defense Donald Rumsfeld, Halliburton was awarded no-bid contracts in Afghanistan and in Iraq. I think the war in Iraq was largely for Halliburtons benefit along with other war for profit companies.

How did the stock do in these past 8 years ? Well Halliburton was trading at $19.00 when Cheney was sworn in and now the stock trades at $16.00. So after 4200 American lives, app. 1,500,000 Iraqi lives, 2,500,000 displaced Iraqis and app. $750,000,000,000 and counting in war expenditures and 2 or 3 adjustments to asshole Cheney's heart regulator the stock is down app. 16%. How stupid can some monkeys be?

And then there's Citigroup. Under the direction of former CEO Sanford Weill who took the reins in 1998 when the stock was trading at $25.00 Weill used his connections and money to repeal the Depression- era Glass-Steagall Act which mandated a seperation of stock brokers and insurance companies with banks. The Wall Street meltdown is directly traced to the repeal of this Depression-era firewall banking act. Citigroup's stock was trding at $25.00 when Weill slid in to power. Now Citigroup trdes at $ 8.50. That's almost 60% less in value.

A quiet retirement for these 2 assholes is not what they deserve.

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