Thursday, November 20, 2008

A Bet On The Robert Rubin Wing of Goldman Sachs

Prince Alwaleed bin Talal's Kingdom Holding said Alwaleed will increase his Citigroup stake, his largest holding, to 5 percent. His holdings in Citi are currently less than 4%.

In his mysterious role at Citi as "Director and Senior Counselor", since joining the bank n 1999, Rubin has pulled down $150 million in salary and bonuses.

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