Wall Street, government look to BlackRock to value assets

05/11/2009 | Bloomberg

Although BlackRock, the largest publicly traded asset-management company in the U.S., has taken its share of hits during the financial crisis, it is still the go-to firm for anyone who has assets that are particularly difficult to value. A decade ago, BlackRock CEO Larry Fink created BlackRock Solutions, a subsidiary that capitalizes on risk-management analytics. BlackRock Solutions has taken a leading role in evaluating and pricing mortgage-backed securities and other distressed assets.

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