Chairman Waxman Requests Details of Federal Reserve's No-Bid Arrangement with BlackRock

by Sabrina I. Pacifici on April 7, 2008

“Chairman Waxman requests details of a potentially long-term arrangement between the Federal Reserve and BlackRock, an investment advisory firm selected to manage $30 billion in assets backed by federal taxpayers.”

  • Letter to Mr. Timothy F. Geithner, President and Chief Executive Officer, Federal Reserve Bank of New York
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