WAS Treasury secretary (1995-1999) WHAT HE DID Opposed regulation of credit swaps; fought to overturn Glass-Steagall Act, leading to creation of Citigroup, where he later made $115 million. WORST MOVE Asked Treasury to pressure ratings agencies to delay downgrading Enron, a Citigroup debtor. NOW Still on Citi’s board; mentor of Treasury Secretary Geithner. So, how [...]
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