{"id":4790,"date":"2012-09-22T15:20:14","date_gmt":"2012-09-22T22:20:14","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=4790"},"modified":"2012-09-22T15:20:14","modified_gmt":"2012-09-22T22:20:14","slug":"nassim-taleb-identifies-the-teflon-don-of-wall-street-business-insider","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2012\/09\/nassim-taleb-identifies-the-teflon-don-of-wall-street-business-insider\/","title":{"rendered":"Nassim Taleb Identifies &#8216;The Teflon Don Of Wall Street&#8217; &#8211; Business Insider"},"content":{"rendered":"<blockquote>\n<p>Here is what Taleb had to say: \u201cNobody on this planet represents more vividly the scam of the banking industry,\u201d says Nassim Nicholas Taleb, author of The Black Swan. \u201cHe made $120 million from Citibank, which was technically insolvent. And now we, the taxpayers, are paying for it.\u201d<br \/>Cohan continues: Nassim Nicholas Taleb doesn\u2019t know Rubin personally. He admits that his antipathy, like that of so many Rubin critics, is fueled by symbolism. \u201cHe represents everything that\u2019s bad in America,\u201d he says. \u201cThe evil in one person represented. When we write the history, he will be seen as the John Gotti of our era. He\u2019s the Teflon Don of Wall Street.\u201d Taleb wants systemic change to prevent what he terms the \u201cBob Rubin Problem\u201d\u2014the commingling of Wall Street interests and the public trust\u2014\u201cso people like him don\u2019t exist.\u201d<\/p>\n<\/blockquote>\n<p>via <a href=\"http:\/\/www.businessinsider.com\/nassim-taleb-bob-rubin-2012-9\">Nassim Taleb Identifies &#8216;The Teflon Don Of Wall Street&#8217; &#8211; Business Insider<\/a>.<br \/>Original <a href=\"http:\/\/www.businessweek.com\/printer\/articles\/72658-rethinking-robert-rubin\" target=\"_blank\">Rethinking Robert Rubin<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is what Taleb had to say: \u201cNobody on this planet represents more vividly the scam of the banking industry,\u201d says Nassim Nicholas Taleb, author of The Black Swan. \u201cHe made $120 million from Citibank, which was technically insolvent. And now we, the taxpayers, are paying for it.\u201dCohan continues: Nassim Nicholas Taleb doesn\u2019t know Rubin [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[561,272],"class_list":["post-4790","post","type-post","status-publish","format-standard","hentry","category-contributors","tag-citibank","tag-robert-rubin"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=4790"}],"version-history":[{"count":2,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4790\/revisions"}],"predecessor-version":[{"id":4792,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/4790\/revisions\/4792"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=4790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=4790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=4790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}