Also in this playlist...
This transcript is automatically generated
This is that work.
Right now though we want to go to Fox Business senior correspondent Charlie Gasparino.
Who actually had this got -- -- wade back in September.
Charlie you kind of know this is gonna happen.
Well here's what we -- in September it's kind of interest -- I think this is how it.
Like a broken clock -- so -- I got it right but it.
It's September we knew that bill Daley was very unhappy with -- job he's agitating the position be that Valerie Jarrett.
One of the senior advisors -- to President Obama had much more power than he did much more access.
To the to the president and he wanted out there's no doubt that's reported we also reported in this was that the main headline -- at the time.
That he wanted to be Treasury Secretary that he wanted to indict his job.
And that he wanted at least to be promised if if if if Obama won a second term that he would be the Treasury Secretary.
Up to put all that together -- given what's happened today and it's obvious.
That daily is still agitated with his role in memory was diminished somewhat a couple months ago ideas with part of it out to somebody else.
And not only that it's very clear he's not going to be Treasury Secretary Geithner is probably gonna step down at the end of this term.
If Obama wins again that it probably OPEC and other Treasury Secretary it looks like that treasury -- it will not be.
Bill -- at least that's what he was that was the signal he was given and and and with that he's out now it's -- -- -- it was.
After I wrote this story I should point out that I got a very.
Interest -- call from daily himself he called me through through the -- -- switchboard.
Initially I thought it was a joke but it turned out to be in cause I I I -- dial the number back.
And it was Bild daily very agitated and historian -- I think primarily because.
We expose what was going on internally about -- kind of shaky position there he did tell -- we should point out that he did not lost.
Quote unquote lost for the job as Treasury Secretary.
I don't know lust for a job but that's what he told me but it Charles -- But that Charlie we've -- this kind that I mentioned before we let you go though I didn't think about -- is that he was really touted as someone who could sort of really truly bridge the gap between this administration in the private sector.
Is that there is any China hope of four that that's gone now do you think they -- gonna try to play that game anymore.
That's a good point you know -- lots of stories out there -- reported several months ago that Valerie Jarrett was doing some outreach to business community.
I will say this I mean -- business community does not there's not trust Valerie Jarrett.
Generally told the businessmen they don't trust the president is president they they think he's you know far far to the left I mean.
You know this is -- a political statement this is a reality what business people tell me even Wall Street supporters as you know sort of -- today.
In the in the New York Post -- I wrote Greg reported this out on Fox Business last week.
That Goldman Sachs once was and there's a lot of you know Democrats and a firm -- Lloyd Blankfein CEO.
They were big could supporters of the president 2008 -- moving.
Two moving over to to Mitt Romney right now -- I I I think that you view -- something on the head here you know it looks like the president is ramping up.
For a class warfare based campaign he's gonna attack business attack Wall Street we should point out that bill -- In Chicago politics a long time a lawyer.
And then -- JPMorgan Chase has essentially the vice chairman.
That -- chief objects.
You know this is gonna be a class warfare based campaign.
My gut is that is a combination of -- has nowhere else to go why would you -- -- be around for this you know hillbilly worked a lot with President Clinton who -- outreach to business community.
You know he's now in a different this is a different ball -- this president -- at least in rhetoric and a lot of people would say in action is pretty anti business.
Charlie I'll let side gets -- it's all about battening down the hatches -- once again you're way ahead of the street Charlie Gasparino thanks lab we pre.
Filter by section