In an Uncertain World
Robert Rubin, who was the Treasury Secretary during the rein of
Bill Clinton from 1995 to 1999, recounts his years in the halls
of power, when the U.S. administration was called upon to make
various tough economic and financial decisions. Starting his
career at Goldman Sachs where he excelled in risk arbitrage and
stock option trading, Rubin, who believes that uncertainty is
part of life, makes candid admission of his mistakes, successes
and efforts. He offers clear insight on how U.S. administration
policies and utterances have a vital impact on the world. He
offers a window view of the gamut of work involved in
formulating economic policies and strategies in the White House.
He also highlights the fact that U.S. citizens fail to
appreciate the nation's interdependence with other countries and
the reach and sway of fiscal policies. He sees a crying need for
the citizens to understand the many implications and
ramifications in order to assess properly the soundness behind
the government's formulation of foreign and economic policies.
Relating some vital events and happenings in an autobiographical
vein, he gives his rather frank views on ex-President Bill
Clinton and the handling of the Monica Lewis affair. Rubin also
underscores the need for better public understanding and
appreciation of the fiscal import of some of the foreign aids
and trade decisions that the government undertakes. All in all
an engaging book that promises to keep the readers hooked to the
pages as it presents an inside look into the corridors of power
and policies.