Cnbc March News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lehman-style you ll restructure citi, show how it can be done surgically? exactly. i want a plan for this and i want it now so i can see how it looks. that s middle of march. that s where the meeting ends. so what happens? geithner likes the stress test, that s just a preferred thing. stress test is just an accounting fraud. and that s clear to summers and romer? or anyone else on wall street watching it. they re delighted. a month later in the oval office, they re all there, except geithner. the president says, a huge month april 09. i left cnbc march 09 coming out of this whole thing fast money, expecting him everybody did. what about that citibank resolution plan? we re going to deal with it head on. christine romer looks at larry summers, oh, goodness, what should we say? said, mr. president, excuse me, there is no citibank resolution plan. geithner s not at the meeting. no. the president says, there better be. right there, outraged. ....

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