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Book: Timothy Geithner ignored President Obama order

Posted By admin On September 16, 2011 @ 8:20 am In U.S. News | Comments Disabled

Politico [1]
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 [2] 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.

Full article here [1]

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[1] Politico: http://www.politico.com/news/stories/0911/63673.html#.TnM7CBBaCyU.twitter

[2] an early look: http://www.google.com/hostednews/ap/article/ALeqM5hRQmWzUf9KNzjifi8dsrmn8odO7w?docId=8521f6973037431eb08d6dbc10ab89a8

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