In an Uncertain World: Tough Choices from Wall Street to Washington
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Specificatii
Robert Rubin was sworn in as the seventieth U.S. Secretary of the
Treasury in January 1995 in a brisk ceremony attended only by his
wife and a few colleagues. As soon as the ceremony was over, he
began an emergency meeting with President Bill Clinton on the
financial crisis in Mexico. This was not only a harbinger of things
to come during what would prove to be a rocky period in the global
economy; it also captured the essence of Rubin himself--short on
formality, quick to get into the nitty-gritty. From his early years
in the storied arbitrage department at Goldman Sachs to his current
position as chairman of the executive committee of Citigroup,
Robert Rubin has been a major figure at the center of the American
financial system. He was a key player in the longest economic
expansion in U.S. history. With In an Uncertain World, Rubin offers
a shrewd, keen analysis of some of the most important events in
recent American history and presents a clear, consistent approach
to thinking about markets and dealing with the new risks of the
global economy. Rubin's fundamental philosophy is that nothing is
provably certain. Probabilistic thinking has guided his career in
both business and government. We see that discipline at work in
meetings with President Clinton and Hillary Clinton, Chinese
premier Zhu Rongji, Alan Greenspan, Lawrence Summers, Newt
Gingrich, Sanford Weill, and the late Daniel Patrick Moynihan. We
see Rubin apply it time and again while facing financial crises in
Asia, Russia, and Brazil; the federal government shutdown; the rise
and fall of the stock market; the challenges of the post-September
11 world; the ongoing struggle over fiscal policy; and many other
momentous economic and political events. With a compelling and
candid voice and a sharp eye for detail, Rubin portrays the daily
life of the White House-confronting matters both mighty and
mundane--as astutely as he examines the challenges that lie ahead
for the nation. Part political memoir, part prescriptive economic
analysis, and part personal look at business problems, In an
Uncertain World is a deep examination of Washington and Wall Street
by a figure who for three decades has been at the center of both
worlds. From the Hardcover edition.
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