Economics
Bernanke Joins Pimco; Second Consulting Job in Two Weeks
Inside the Hiring of Ben Bernanke at Pimco
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Former Federal Reserve Chairman Ben S. Bernanke is joining Pacific Investment Management Co. as a senior adviser, his second consulting agreement with a top money manager in as many weeks.
Bernanke will contribute his economic expertise to the firm’s investment process, the Newport Beach, California-based firm said Wednesday. Bernanke previously spoke at Pimco’s client conference in March and advised on the last two of its quarterly economic forums that guide investment strategy.