If he said he hadn't read it, the media would be all over him, like they did to Reagan, and say he was out of touch with his own organization. They are always looking for any excuse to trash him. And they are trying as hard as they can, to no avail so far.
He is busy with other things WAY more important than this, and some crackhead entrenched marxists managed to pull this off.
Bush probably did get a 30 second briefing on it, with no flags raised. You have to delegate to be a good manager, and trust those under you to bring potential hotspots to your attention. Otherwise, you will be like gray davis, a mircro manager who took an entire state down.
Whoever presented this report (in summary) will get fired, along with his staff, and everyone down the chain.
Bush has to eat crow on this, and there will be other incidents like this to come, from clintoon holdouts with their own hiden agendas.
Bush can't focus on global warming or alaska drilling or spotted owls because Saudis are trying to blow up the Hoover dam. He is brilliant, a Harvard MBA grad (try to get in, can you do it?), Yale before that, and is trying (with class and dignity for the office, not the buffoon) to undo what was the most corrupt, inept, presidency in the history of the US, while preventing the golden gate bridge from being blown up by medeival sand tribes with money and bombs.
What would you focus on? How would YOU manage it all?