When the President first heard that the White House had approved it so one of his Air Force Planes would fly over Manhattan, he asked, incredulously, "Why would someone approve that?" a White House source tells ABC News.
That incredulity soon turned to a different mood, and the president was furious.
The president directed deputy chief of staff Jim Messina to investigate how and why White House military director Louis Caldera made the decision to conduct this flight without telling anyone above him.
Will Caldera lose his job?
"The president will look at that review and take any appropriate steps after that," White House press secretary Robert Gibbs said Tuesday.
A memo from the Federal Aviation Administration obtained by ABC News' Rich Esposito informed some officials about the flight, but per White House military office instructions said the information "should only be shared with persons with a need to know. Information in the document shall not be released to the public or the media."
ABC News' Pentagon reporter Luis Martinez reports that this afternoon the Air Force estimated the cost of the terrifying photo op at $328,835. The president says the old picture of Air Force One -- taken over the Grand Canyon in 1990 -- was working just fine.
Our World News report: