Robert Rubin to leave Citi?

December 4, 2008 | By Jim Kim

Apart from CEO Vikram Pandit, the person most tainted in the on-going credit crunch has been director Robert Rubin. Now CNBC says that there's a lot of chatter about whether Rubin will leave the bank. Rubin, who says he's staying, has taken steps to address the issues, including an interview with the Wall Street Journal. Unfortunately, he did not come across as suitably contrite enough for some pundits.

The Huffington Post ran a piece headlined "Robert Rubin: Coward or Liar--or Both?" Ouch. It's gotten so bad that some are suggesting that top Obama picks Larry Summers and Tim Geithner are tainted for their association with the long-time Citi director. But will Rubin leave for the good of Citi? Most likely, he will step down only when he senses that the board not longer wants him to serve.

For more:
- here's some background from CNBC