BlackRock: Global Financial SWAT Team

I love this story from DealBook this morning:

ATHENS — In unmarked offices here on a dusty block choked with strip clubs and burned-out buildings, several dozen employees of a Wall Street firm spent months poring over bank loan portfolios as Greece struggled with its debt crisis.

They belong to what has become the go-to SWAT team in financial crises. Their employer, BlackRock, may be little known outside financial circles even as it manages a world-leading $3.51 trillion of assets, but the firm is exerting enormous influence as a behind-the-scenes adviser to troubled governments around the globe.

Keep Reading:

In Greek Crisis, a Little-Known Adviser With Outsize Influence (DealBook)

 

 

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