News & Social Media Writers Needed - CLICK HERE.

Gov. Gary Johnson - Now Playing:

Confidence Men Author Ron Suskind Responds to Obama Admins Fiery Denials About Financial Crisis
Confidence Men Author Ron Suskind Responds to Obama Admins Fiery Denials About Financial Crisis
Confidence Men Author Ron Suskind Responds to Obama Admins Fiery Denials About Financial Crisis
Confidence Men Author Ron Suskind Responds to Obama Admins Fiery Denials About Financial Crisis
Confidence Men Author Ron Suskind Responds to Obama Admins Fiery Denials About Financial Crisis
Confidence Men Author Ron Suskind Responds to Obama Admins Fiery Denials About Financial Crisis

"Confidence Men" Author Ron Suskind Responds to Obama Admin's Fiery Denials About Financial Crisis

Democracy Now! - 2011-09-23

DemocracyNow.org - An explosive new book that draws a searing portrait of the Obama administration's failings, and early management of the economic crisis, has been met with sharp objections from officials within and outside of the White House. Democracy Now! speaks with veteran journalist Ron Suskind, author of 'Confidence Men: Wall Street, Washington, and the Education of a President.' He writes that U.S. Treasury Secretary Tim Geithner ignored an order from President Obama to consider dissolving the debt-ridden banking giant Citigroup as part of a reconstruction of major banks in March 2009. Suskind argues that Citigroup was one of several incidents where President Obama's authority was 'systematically undermined or hedged by his seasoned advisers.' In the book based on interviews with more than 200 people, including former and current members of the Obama administration, as well as the president himself, Suskind also says the White House is a hostile workplace for women. Watch Part 2 of 2: youtu.be/IyRHZ3BYQ_4 For the complete transcript, to download the podcast, or for additional Democracy Now! reports on the the U.S. financial crisis, visit democracynow.org/tags/financial_meltdown FOLLOW DEMOCRACY NOW! ONLINE: Facebook: facebook.com/democracynow Twitter: @democracynow Subscribe on YouTube: youtube.com/democracynow Daily Email News Digest: democracynow.org/subscribe Please consider supporting independent media by making a donation to Democracy Now! today, visit democracynow.org/donate/YT