April
2017
Sunday, September 06, 2015
Zach Carter and Ben Walsh, Huffington Post
Submitted by: Editor

Former US Treasury Secretaries are Assholes

Three of the world's richest and most powerful people, former Treasury Secretaries Robert Rubin, Henry Paulson and Timothy Geithner laugh out loud over the issue of income inequality earlier this year at a conference sponsored by former convict and junk-bond scam artist Michael Milken.

[HUFFPO] Former Treasury Secretaries Robert Rubin, Henry Paulson and Geithner were asked about the issue by Facebook executive Sheryl Sandberg during a conference in Beverly Hills. When Paulson responded that he'd been working on income inequality since his days at Goldman Sachs, Geithner quipped, "In which direction?" 

"You were increasing it!" cracked Rubin, as everyone on stage roared with laughter.

While in office, all three men advocated Wall Street-friendly policies that helped bolster pay for top bankers. Overall worker wages have been stagnant for decades and falling for most workers since 2007.

Watch the video >>

Posted by Editor on 09/06/15 at 02:43 PM •  (0) Comments

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