Citigroup chairman high on Hillary

Robert E. Rubin, Citigroup Inc.’s new chairman, is the Wall Street bigwig to back Sen. Hillary Rodham Clinton, D-N.Y., in her bid for the Democratic presidential nomination.
Mr. Rubin, who served as Treasury secretary under in the Clinton administration between 1995 and 1999, said he would appear at Mrs. Clinton’s Dec. 13 fundraising event in New York, according to a report in The New York Times.
Because he is a deficit hawk, Mr. Rubin’s support could also counter Republican accusations that Mrs. Clinton is a free-spending liberal, according to the report.
Mr. Rubin said he has been impressed with Mrs. Clinton’s performance as a candidate this year and also generally favored her economic and domestic policy platforms.
Goldman Sachs Group Inc. chief executive Lloyd Blankfein (InvestmentNews, Aug. 9) and Morgan Stanley chief executive John Mack have also lent their support to Mrs. Clinton in recent months (InvestmentNews, April 27) .