In an Uncertain World: From Wall Street to the White House: From Wall Street to the White House

Author: 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 at 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 unbound by protocol yet could quickly grasp the facts. From his early work at the renowned Goldman Sachs handling "foreign exchange 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 and political career. In dealing with the Asian, Russian, and 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, as well as other major economic and political events, we can see Rubin's repeated yet well-timed application of this philosophy. In this book, Rubin uses his signature compelling and candid voice, along with a sharp eye, to provide 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 routine matters. This descriptive style mirrors his approach to tackling national challenges. Part political memoir, part explanatory economic analysis, and part personal views on business issues, The World in Uncertainty is a comprehensive and in-depth interpretation of two world centers—Washington and Wall Street—by a three-term veteran.