In the past, Robert Rubin has described himself as Citigroup's consigliere. But the credit crunch has not been kind to the big bank, and there has been persistent speculation as to whether he would resign as chairman of the executive committee. The New York Times says he's not stepping down, but one insider told the paper a change in job titles may be in order. It's fair for shareholders to ask what role Rubin played as the bank's struggles mounted. CEO Charles Prince, of course, departed in ignominy. Rubin defends his performance, noting that few could predict the perfect storm that hit banks hard. He's still a rock star in the banking world. He'll likely survive.  

For more:
- here's the New York Times article

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