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Obama fends off Geithner resignation calls

Video by Guillaume MEYER

Latest update : 2009-03-22

President Barack Obama has defended Timothy Geithner despite mounting calls for his resignation over his handling of the economic crisis. Should he offer his resignation, Obama joked that he would say: "Sorry buddy, you've still got the job."

AFP - President Barack Obama said Timothy Geithner's job is safe, despite mounting resignation calls over the Treasury head's handling of the economic crisis, according to interview excerpts released Saturday.
   
Should Geithner offer his resignation, Obama joked that he would say: "Sorry buddy, you've still got the job."
   
In an interview with the CBS program "60 Minutes" to be broadcast Sunday, Obama said neither he nor Geithner had discussed a possible resignation by the Treasury Secretary, but he acknowledged public criticism of his administration's economic plans.
   
Geithner has faced public uproar over his stewardship of an economy in crisis and for his mishandling of a political scandal over massive bonuses by bailed-out insurance giant American International Group.
   
"It's going to take a little bit more time than we would like to make sure that we get this plan just right. Of course, then we'd still be subject to criticism," Obama told CBS.
   
"What's taken so long? You've been in office a whole 40 days and you haven't solved the greatest financial crisis since the Great Depression," he quipped.

Date created : 2009-03-21

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