Mark Wiedman on Managing Money at BlackRock

Bloomberg Radio host Barry Ritholtz speaks to Mark Wiedman,
senior managing director, head of the global client business and
member of the global executive committee of BlackRock. He joined
the firm in 2004 to help start the Financial Markets Advisory
business. Mark led BlackRock's 2008 creation of PennyMac, now the
No. 2 US mortgage bank, and served on its public board from 2013
to 2019. He previously served as senior adviser to the
undersecretary for domestic finance at the US Treasury and a
consultant at McKinsey & Co. He serves on the boards of the
National Committee for US-China Relations and Focusing Capital on
the Long Term.


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