« Excerpt from Accidental I-Banker | Main | Realtime Weather »
Latest Stories
- Excel Wankers and Recession Averages
- Sorry, New York is Closed. Check Back Later.
- Catching Falling 2009 Earnings Estimate Knife
- Survivorship Bias in Global Markets
- Talking Positions on a Lazy-ish Retirement Portfolio
August 25, 2006
Reading Between the Lines on Rubin
Given that Citigroups's Robert Rubin has been on the Ford board for six years, today's resignation can be read a number of ways. He says it is to avoid conflicts of interest as Ford moves forward with its strategic options, but Ford has been in those kind of discussions for ... years anyway, so that is hardly news.The real reason? Either Rubin is highly skeptical of Ford's future, which is entirely possible, or that it is newly likely a Citigroup-associated consortium is planning to complete with Nasser/Morgan to spin out Ford's luxury Premiere Automotive Group (Jaguar/Land Rover/Volvo). Both sound more likely than some sterile sense by Rubin that he is newly in a conflicted position at Ford.
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
| 
Facebook it
