Aboard Air Force One yesterday afternoon White House press secretary Dana Perino said she was unaware of any discussions over a possible Citigroup bailout.
Described by the WSJ as “marathon talks” between Citi & the Treasury, Perino was either being cagy or was just left in the dark.
Bush will hold a press conference outside of the Treasury today at 10:35am, perfect time for someone to ask.
From Press report:
Q There’s been some speculation that Citigroup might be rescued by the federal government. Do you know of any talks going on between Citigroup and —
MS. PERINO: I don’t.
Q Is Citigroup one of those items that’s too big to fail?
MS. PERINO: You’re going to have to call the Treasury Department. I don’t have anything for you. I’ve been here in Lima, Peru, and any talks like that would take place between the Treasury Department, not at the White House.
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Tags: TARP
