The Associated Press reviewed seven months of Treasury Secretary Timothy
Geithner's appointment calendars and found he talks to executives from
Citigroup, Inc.,
JPMorgan Chase & Co. and Goldman Sachs Group Inc. frequently, sometimes several times a day. These executives had the ear of the Treasury Secretary more often than Senate Banking Committee Chair Christopher
Dodd (D-Conn) or Rep. Barney Frank (D-Mass) who lead the effort to approve
Geithner's overhaul of the financial system.
As BusinessWeek notes, "There is nothing inherently wrong with senior Treasury Department officials speaking regularly with industry executives, or even with the secretary keeping tabs on the market's biggest players, even though critics say Geithner risks succumbing too much to these bankers' self-interested worldview."
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