Wednesday, August 12, 2009

Fund of Funds

"Hey Ray, wouldn't it be funny if I went to Harvard, you went to Jail and we both ended up surrounded by crooks."
--Mitch McDeere (The Firm)

It has amassed the world's largest asset portfolio.

It is hiring hundreds of traders and money managers.

Some big bad hedge fund in Stamford? Nope, it's The Fed.

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