With the death of former Secretary of State Robert McNamara, and discussion over whether his Vietnam War mea culpas were deep enough or sincere enough, Harold Meyerson speculates about when we will have any similar mea culpas about the financial meltdown, and who will be, or could be, its McNamara.
His answer? Former Clinton Treasury Secretary, former Goldman Sachs chair, and guru and mentor to many of Team Obama’s financial “whiz kids”: Robert Rubin. Click the link for more thought on why Rubin fits the “guilty” bill and whether his whiz kids will learn or not.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
July 16, 2009
Bob Rubin = Bob McNamara of financial crash?
Labels:
credit crunch,
Goldman Sachs,
McNamara (Bob),
Rubin (Robert),
Vietnam
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment