Robert E. Rubin Quotes


Mr. President. We can’t be certain our recommended plan to assist Mexico will work, and if it doesn’t, it may cost you your Presidency.


Context

Lawrence Summers, and Alan Greenspan, and the Secretary had come to recommend their plan to maintain the stability of Mexico. It worked, and was one of the many great financial successes of the Clinton administration.


Citations

Robert E. Rubin, Secretary of the Treasury (Democrat), Assistant to the President for Economic Affairs (Democrat), Statement to President William Clinton when he was proposing the Mexican bailout

Sourced by: Eigen's Political and Historical Quotations

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Robert E. Rubin
Robert E. Rubin
  • Born: August 29, 1938
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Robert Edward Rubin is an American retired banking executive, lawyer, and former U.S. presidential cabinet member. He served as the 70th United States Secretary of the Treasury during the Clinton administration. Before his government service, he spent 26 years at Goldman Sachs, eventually serving as a member of the board and co-chairman from 1990 to 1992.