"Robert Rubin stands out as the poster child for the revolving door that exists between Wall Street and Washington. Rubin started his career by making a fortune at Goldman Sachs, where he worked for twenty-six years, including two years as its co-chairman. In 1993, President Clinton appointed him head of the National Economic Council, and in 1995 he became treasury secretary. While in government he spearheaded financial deregulation, including the repeal of Glass-Steagall. He also prevented the regulation of derivatives. In 1999, Rubin returned to Wall Street, and after brokering a deal with Republicans to legalize the $70 billion merger between Citicorp and Travelers Group, he was hired by the newly formed Citigroup and received about $15 million a year for his services. Less than a decade later-a decade in which Rubin earned more than $126 million at Citigroup-taxpayers bailed out his megabank because of the enormous risks Rubin and others encouraged it to take. In 2010, the bipartisan Financial Crisis Inquiry Commission (FCIC) voted unanimously to refer Rubin to the Justice Department for "potential fraud" for misleading investors about Citigroup's exposure to subprime mortgages. When DOJ declined to act, Phil Angelides, chair of the FCIC, said, "It's been a disappointment to me and others that the Justice Department has not pursued the potential wrongdoing by individuals identified in the matters we referred to them. At the very least, they owe the American people the reassurance that they conducted a thorough investigation of individuals who engaged in misconduct." I couldn't agree more."