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General Category >> Politics, Religion (Tall Table) >> Elizabeth Warren and Citibank
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Message started by Paraquat on 12/16/14 at 09:23:18

Title: Elizabeth Warren and Citibank
Post by Paraquat on 12/16/14 at 09:23:18

Washington's version of Six Degrees of Kevin Bacon is much less exciting than everybody else's. It's called One Degree of Citigroup, and it's not much of a game since so many economic policymakers has worked at the banking behemoth. It's exactly the point Elizabeth Warren made in a big speech last week, expressing anger with Citigroup and other big banks were able to weaken a key Wall Street regulation in the new government spending bill.

http://www.washingtonpost.com/wp-apps/imrs.php?src=http://img.washingtonpost.com/blogs/wonkblog/files/2014/12/citigroup-gov-links-32001.jpg&w=1484

In many ways, however, this isn't One Degree of Citigroup. It's One Degree of Robert Rubin. After his stint as President Bill Clinton's Treasury secretary, Rubin decamped for the newly-created Citigroup, which formed after Congress passed a law ending the Depression-era prohibition on banks and securities firms from operating under the same roof. And then Rubin's long list of proteges followed. It's been enough to turn Citigroup into a kind of government-in-exile for Democratic policymakers, with current and past employees including current Treasury secretary Jack Lew, former Office Management and Budget chief Peter Orszag and current U.S. Trade Representative Mike Froman. (Former Treasury secretary Tim Geithner politely declined an inquiry about whether he'd be interested in joining the bank).

--Steve

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/12/16/elizabeth-warren-was-right-the-links-between-citigroup-and-government-run-deep/?tid=sm_fb

Title: Re: Elizabeth Warren and Citibank
Post by justin_o_guy2 on 12/16/14 at 13:09:34

Definitely a dot for those who are interested in connecting the lot of them in order to get the big picture.

Title: Re: Elizabeth Warren and Citibank
Post by justin_o_guy2 on 12/16/14 at 15:14:24

Well,, for them who have yet to see,, HERE is an International Orange,
manhole cover sized DOT..

Title: Re: Elizabeth Warren and Citibank
Post by justin_o_guy2 on 12/16/14 at 15:23:42

Or not,, havent read it, dont intend to, just looking at headlines,,

http://www.infowars.com/meet-your-newest-legislator-citigroup/

I Will,, However,, look at replies and see what youse guys have to say about the Infowars article..

Title: Re: Elizabeth Warren and Citibank
Post by pgambr on 12/16/14 at 15:23:57

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/12-overflow/20141216_citi1.jpg