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Old 12-28-2008, 09:36 PM
 
Location: London, UK
3 posts, read 5,150 times
Reputation: 10

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Story at:

Free & Independent


YouTube - Robert Rubin Ponzi Scheme - Media Silence

Madoff makes headlines as former Treasury Secretary, Robert Rubin, slips under the media’s radar.

On 4 december 2008, the New York Post announced a federal lawsuit had been filed against Citigroup’s Robert Rubin, and former citi CEO, Prince.

The 2 are alleged to have played a role in a Ponzi scheme which has wiped out trillions of dollars worldwide.

The lawsuit says Citigroup’s shareholder value lost over 122 billion dollars. This would suggest that Rubin is accused of involvement in a scheme that would dwarf that of Madoff.

When the news broke of Madeoff’s scheme, the media jumped to cover the story. Time magazine even suggested the story as a contender in the top 10 scandals of 2008.
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Old 12-28-2008, 09:54 PM
 
73 posts, read 89,082 times
Reputation: 35
Quote:
Originally Posted by freeandindependent View Post
Story at:

Free & Independent


YouTube - Robert Rubin Ponzi Scheme - Media Silence

Madoff makes headlines as former Treasury Secretary, Robert Rubin, slips under the media’s radar.

On 4 december 2008, the New York Post announced a federal lawsuit had been filed against Citigroup’s Robert Rubin, and former citi CEO, Prince.

The 2 are alleged to have played a role in a Ponzi scheme which has wiped out trillions of dollars worldwide.

The lawsuit says Citigroup’s shareholder value lost over 122 billion dollars. This would suggest that Rubin is accused of involvement in a scheme that would dwarf that of Madoff.

When the news broke of Madeoff’s scheme, the media jumped to cover the story. Time magazine even suggested the story as a contender in the top 10 scandals of 2008.

Looks like MADDOW's scam is going unreported too. MSNBC delivered the election to the Democrats with GE ready to slop up government bailout cash sometime in '09.
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Old 12-28-2008, 10:45 PM
 
Location: Here
312 posts, read 507,231 times
Reputation: 77
I never heard of it. but speaking of Madof, why is everyone mad at him but aren't furious at medicaid, medicare, social security etc. that work the same way tecnically?
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Old 12-28-2008, 11:42 PM
 
171 posts, read 272,341 times
Reputation: 58
Quote:
Originally Posted by Marty McFly Jr View Post
I never heard of it. but speaking of Madof, why is everyone mad at him but aren't furious at medicaid, medicare, social security etc. that work the same way tecnically?
ok, you will be in charge of that area, we will take care of the other issues, less important
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