Jon Lovett
👤 PersonAppearances Over Time
Podcast Appearances
That's not what you're maybe best at.
So you just you just have to save a bit at a time.
Nothing fancy.
And you'll be glad you did.
So the markets are crashing.
Herbert Hoover is in the White House, considers himself to be a man of action, as you say.
He's trying to manage this crisis.
But then there's this really interesting dynamic going
After Roosevelt is elected, but before he is sworn in, Hoover seemed to think there needed to be some kind of bank holiday.
Yes.
But didn't want to declare it.
And stepping back, it seems in the book that there's two reasons.
One is around...
Exercising presidential power and whether or not he had the power.
The other is almost like a spiritual aversion to admitting that there was a crisis.
So there's this moment in the book where Hoover calls Roosevelt at 1130 p.m.
just before he's going to be inaugurated.
Can you talk about that conversation?
Why was Hoover calling him?
And what did Roosevelt take from it?