Wednesday, December 3, 2008

Investors accuse Citi execs of "suspicious" trades



From a Reuters newswire story. Robert Rubin again!!!

NEW YORK (Reuters) - An investor lawsuit contends that Citigroup Inc (NYSE:C - News) insiders, including senior counselor and former U.S. Treasury Secretary Robert Rubin, sold more than $150 million of their own shares at inflated prices while concealing the bank's true financial health.

Unreal!! Rubin needs to go to jail. Didn't they sentence Ken Lay to prison for that?

Read full story here.

No comments: