Frontline’s, “The Warning” Part 1
“From the beginning Clinton aimed to reassure powerful forces on Wall Street and he did so with a key appointment. Rubin is the best known financier in the country at that point because he had run the legendary Goldman Sachs. Bob Rubin was Bill Clinton’s emissary on Wall Street, he placed great trust in Bob Ruben and Bob Rubin’s view of financial markets and financial regulation. He had an enormous amount of credibility because he was a business success and Democratic administrations always seem to worship people who can excel at business. At the White House and as Treasury Secretary, Rubin found an unlikely ally. Clinton had asked Alan Greenspan to stay on. Bob Rubin and Alan Greenspan were very much in lock-step. They had very similar views on Wall Street…”

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[...] failing, rocked by a financial crisis in Russia.” If you missed the former parts, click for Part 1 or Part 3 (Part 2 was removed from [...]
[...] was largely left to regulate itself… ” If you missed the former posts, click for Part 1, Part 3, or Part 4 var fbShare = {url: [...]
[...] disasters attributed to this regulatory gap over and over until we learn from experience.” Part 1, Part 3, Part 4 or Part 5. As you know from our prior posts of this Series, Part 2 was removed from [...]