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Former Treasury Sec. Rubin speaks at Mayors Conference in Washington

Former Treasury Secretary Robert Rubin speaks on the economy at the U.S. Conference of Mayor's Winter Meeting in Washington on January 23, 2008. Rubin said that local government has the power to jump start the economy and lead America through the current economic hardship. (UPI Photo/Kevin Dietsch)

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Former treasury head calls for stimulus

WASHINGTON, Oct. 26 (UPI) -- Former U.S. Treasury Secretary Robert Rubin said the nation needs another stimulus package to kick-start the economy.

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NEW YORK, Dec. 11 (UPI) -- U.S. financial-services giant Citigroup Inc., one of the credit-market turmoil's biggest casualties, named Vikram Pandit as chief executive officer Tuesday.

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