Wall Street Adviser
Moscow. April 16th. - The former President of the USF, Ben Bernanke, will be Senior Adviser to the Citadel Investment Group Hedge Fund, reporting to Bloomberg. The fund ' s assets amount to $25 billion, its founder is the famous billionaire Kenneth Griffin.
The task of Bernanke, who left the position of the FRF last year, will be to analyse global economic and financial trends, which will then benefit from the Fund ' s investment committee.
The American companies are seeking the cooperation of former central staff, hoping that this will help them to overcome difficult times in the economy.
Thus, Bernanke ' s predecessor, as head of FDC, Alan Greenspen, after leaving the United States CB, was invited as a consultant to the Deutsche Bank, the Pacific Investment Management Fund, and hedge fund Paulson Co.
The former member of the Board of Governors of Fedreserva Jeremy Stein last month became the adviser to the BlueMountain Capital Management Fund on financial regulation, risk management, and potential implications of the FRF monetary policy.
In an interview with Bloomberg Bernanke, he said he understood the concerns of the "host Door" experts between Wall Street and Washington. The choice of Citadel is partly due to the fact that the hedge fund is not subject to the regulation of Fedreserva, and I can't lobby anyone, he said.
He reported that he had received offers of work from banks, but rejected all applications because he wanted to avoid a conflict of interest. "I ruled out the possibility of working with a company that was regulated by the FS," he said.
Bernarde refused to disclose his fee, but said that he would receive an annual fee, but would not have a share in the fund or receive bonuses depending on the dynamics of his figures.