BOB RUBIN ISN'T THE ANSWER TO CITI'S REAL PROBLEM

摘要

On one level, the Oct. 26 news that Sanford I. Weill has snagged Robert E. Rubin to Citigroup Inc. is not so surprising. Weill, a dealmaker extraordinaire, was not about to let a competitor get its hands on the former Treasury Secretary—the biggest catch to come through Washington's revolving door in a decade. Rubin's value is obvious to the financial-services giant: While ethics rules prevent his lobbying Treasury, Citigroup gains the talents and gravitas of Rubin, as well as his priceless global Rolodex.