Robert Rubin: “I Did Not Want Significant Operational Responsibility”

Robert Rubin received a total of more than $126 million in cash and stock compensation over a ten year period at Citigroup for serving as a board member and as a “strategic advisor” to senior management. However, the role never had any clearly defined operational responsibilities as Mr. Rubin was quick to point out at a hearing of the Financial Crisis Inquiry Commission yesterday. Read this article for more details.

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