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Book: Timothy Geithner ignored President Obama order

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Politico
Sept 16, 2011

Treasury Secretary Timothy Geithner ignored President Barack Obama’s order to consider dissolving Citigroup, a new book by Pulitzer Prize-winning author Ron Suskind claims.

And that is just one example of how Obama’s authority was “systematically undermined or hedged by his seasoned advisers,” writes Suskind, a former Wall Street Journal reporter.

The Associated Press, which got an early look at “Confidence Men: Wall Street, Washington and The Education of A President,” says Obama didn’t deny the Citigroup anecdote in an interview with the author and spoke vaguely about his own reaction to the incident.

“Agitated may be too strong a word,” Obama, one of the more than 200 people interviewed for the book, is quoted as saying.

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This article was posted: Friday, September 16, 2011 at 8:20 am





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