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