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In Advising US, BlackRock Thrives in Uncertain Times

The Ledger – The financial crisis has ravaged many a Wall Street giant, but it has also produced a handful of winners. BlackRock, a money manager that is much admired but little known outside financial circles, is fast emerging as one of the nation’s financial powerhouses.

BlackRock, which started in a one-room office 21 years ago, now manages $1.3 trillion in assets for big private clients, including hedge funds and foreign governments.

But it is the company’s highly prized role as a government adviser and contractor that is now drawing attention.

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