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Wednesday, July 15, 2009 BlackRock's Fed Paycheck to Top $42 Million BlackRock will earn at least $42 million in asset management fees during its first year of managing what were once Bear Stearns and American International Group assets, the Wall Street Journal reported. In addition, the New York City-based investment manager will receive one-time advisory, analytics and structuring fees totaling $13.5 million. Printed from: MFWire.com/story.asp?s=22065 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |