In an uncertain world

Author: (American) Robert Rubin
Publisher:
Publish Date: 2004-09-01
Features: When Robert Rubin took the oath of office as the 70th U.S. Secretary of the Treasury on a vibrant celebration in January 1995, the attendees were only his wife and a few college classmates. But as soon as the ceremony ended, he immediately joined President Clinton in an urgent meeting to address the Mexican financial crisis. This crisis was not only a sign of the global economy entering a turbulent period but also fully demonstrated Rubin's heroic qualities—he was un yet could quickly grasp the facts. From his early work at the renowned Goldman Sachs handling "currency trading" to his recent tenure as Chairman of the Executive Board of Citigroup, Robert Rubin has been a major figure in the U.S. financial system. He was also a key policy leader during the longest period of economic prosperity in U.S. history. In The World in Uncertainty, Robert Rubin offers sharp and incisive analyses of major historical events in the United States in recent years, while guiding readers to develop a comprehensive and coherent understanding of market-oriented approaches and global economic risks. Rubin's life philosophy is "everything is uncertain." "Probability thinking" has his entire financial career and political career. In dealing with the Asian, Russian, Brazilian financial crises, the crisis of federal government credibility, the fluctuations of the stock market, the challenges of the post-9/11 world, and ongoing debates over fiscal policy and other major economic and political events, we can see Rubin's application of this life philosophy. In this book, Rubin, with his signature compelling and candid voice and sharp gaze, provides a detailed description and portrayal of the daily life and political dynamics in the White House. He combines insights into decision-making on major events with reflections on ordinary matters. This descriptive style mirrors his approach to addressing national challenges. Part political memoir, part explanatory economic analysis, and part personal views on business issues, The World in Uncertainty offers a comprehensive and in-depth interpretation of two world centers—Washington and Wall Street—by a veteran of three administrations. Through vivid and candid descriptions and numerous life lessons, the book showcases the author's remarkable life on Wall Street and as an advisor to President Clinton and Secretary of the Treasury. The book is filled with stories and insights about his interactions with many famous figures.