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January 06, 2009

Rubin for the Rich?

Dean Baker in his Beat the Press blog on The American Prospect ponders why there are hefty tax credits in the Obama stimulus proposal that would benefit big banks like Citigroup--already recipients of much taxpayer largesse: "Did the political connections of Robert Rubin and others in the financial industry have anything to do with the decision of Obama's economic team to be so generous to them? I don't have an answer to that question, but the media should be asking it." -- Barbara Bedway

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