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April 17, 2015

Bernanke to Take Hedge Fund Job in Latest Sign of Revolving Door 
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In the latest sign of the revolving door between Wall Street and
government regulators in the United States, former Federal Reserve
Chairman Ben Bernanke has taken a post as adviser to Citadel, one of the
country's largest hedge funds. Bernanke ended an eight-year stint as Fed
chief last year. Meanwhile, another financial regulator will reportedly
become chief financial officer of Hillary Clinton's presidential
campaign. Bloomberg reports Clinton will tap Gary Gensler, former chair
of the Commodity Futures Trading Commission.

 

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