The Pacific Investment Management Co., the investment management firm also known as Pimco, reports that Ben Bernanke, former chairman of the Federal Reserve, will serve as a senior advisor to the firm. It’s the second reported consulting arrangement in recent days for the man who led the Fed through the Great Recession. Bernanke also signed… Read More >>
Ben Bernanke to Advise Citadel
Former Federal Reserve Chairman Ben S. Bernanke will soon be serving as an outside senior advisor for hedge fund Citadel, officials say. In this position Bernanke will consult with Citadel teams on developments in monetary policy, financial markets and the global economy. Citadel has total assets under management (AUM) of about $25 billion. “We are… Read More >>