$CHK Does Blackrock own any of CHK? LOL BlackRock to manage Fed's bond buying The Federal Reserve has hired the world's largest money manager to shepherd several debt-buying programs on its behalf as the central bank works to shore up an economy reeling from the spread of coronavirus. BlackRock (NYSE:BLK) will serve as an investment adviser and manage assets for three separate programs, including two new facilities to provide liquidity to corporate borrowers, as well as purchases of agency commercial mortgage-backed securities.
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