Gibbs On CEOs and IPods On "The Early Show"
White House Press Secretary Robert Gibbs confirmed this morning on "The Early Show" what Treasury Secretary Tim Geithner's told Katie Couric Wednesday night -- that the administration may ask heads of bailed banks to resign.
"We have to make sure that people feel comfortable that you have a plan to get your bank of your business out of trouble. Sometimes that means new leadership as a CEO," Gibbs told Early Show co-anchor Maggie Rodriguez.
Rodriguez also asked Gibbs about President Obama's visit with Queen Elizabeth II and the iPod he presented to her.
"I think it went over well," Gibbs said. "He was excited to give it to her. We have been talking about it for a few days and hopefully she will enjoy it," he said. Gibbs also noted that the president's children were interested in the royal meeting.
Asked what tangible initiatives the president hopes to achieve at the G20 Summit today, Gibbs said Mr. Obama had three major goals. One to "meet the dropping demand in our economy with stimulus and recovery", two, to put "concrete rules of the road together to make sure this crisis never happens again," and finally, "to manage an agreement among nations to help emerging economies."
You can watch the whole interview
.