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Bernanke to Join $25 Billion Hedge Fund

REVOLVING DOOR

Won’t disclose salary.

The former chairman of the Federal Reserve, Ben Bernanke, will become the latest goverment official to head for Wall Street after leaving Washington. Bernanke will improve on his $200,000 Fed salary by going to the hedge fund Citadel, which has holdings valued at $25 billion. He declined to disclose his new salary to The New York Times.

Read it at the New York Times

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