"I bet there's not a single year where I couldn't have gone somewhere else

[ben_meyers]

and made more," said Rubin, according to the Journal.

Now that is an arrogant asshole!

NEW YORK (Reuters) – Former U.S. Treasury secretary Robert Rubin said the near-collapse of Citigroup Inc (C.N), where he is a senior counselor, was due to the buckling financial system and not his own mistakes, according to an interview published on The Wall Street Journal's website on Friday.

Rubin, who is also a director at Citigroup, acknowledged he was involved in a board decision to ramp up risk-taking in 2004 and 2005, according to the paper, and said if executives had executed the plan properly, the bank's losses would have been less.

The Journal said Rubin has earned $115 million in pay since 1999, excluding stock options.

"I bet there's not a single year where I couldn't have gone somewhere else and made more," said Rubin, according to the Journal.

http://news.yahoo.com/s/nm/20081129/bs_nm/us_citi;_ylt=ApZ8tUryU.zJRTPIBmXZFqO573QA

[Idealism]

1. "If executives had executed the plan properly, the bank's losses would have been less."

So the best execution of the purported plan was STILL a net loss?? What the fuck kind of plan is that and how is it NOT his fault if he was part of the decision??

[sandnsea]

3. Yep, I've been saying this

for a long time now. The top financiers created this mortgage "investment vehicle" and pushed it onto unsuspecting homeowners. They created the entire fiasco - and now they want to pretend they're the victims. And too many people who have been brainwashed to blame the poor and revere the rich will go right along with it.

[Buzz Clik]

2. I'm guessing that his stockholders wish he would have exercised those options.