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Thursday, October 11, 2012

Geithner has phone friend at BlackRock

Financial Times

FT Exclusive
Thursday October 11 2012

Geithner has phone friend at BlackRock
When Tim Geithner, US Treasury secretary, wants a first-hand account of how financial markets are interpreting government policies or reacting to the latest crisis, the man he turns to most often is Larry Fink of BlackRock.

Mr Fink, the group’s chief executive, featured more frequently in Mr Geithner’s diary during an 18-month period than any other corporate executive, according to a Financial Times review. The two men spoke on at least 49 separate occasions, an average of about once every 11 days.

http://link.ft.com/r/VKY5JJ/OR9XYQ/UUPHQX/YBIPAD/3CCG3Y/RF/h?a1=2012&a2=10&a3=11

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