VIA WASINGTONPOST.COM:

By David Cho, Steven Mufson and Tomoeh Murakami Tse

J.P. Morgan Chase for the first time convened its board in Washington this summer, calling the directors to a meeting at the downtown Hay-Adams hotel, then dispatching them to Capitol Hill for meet-and-greets.

Last month, a firm run by the billionaire investor Wilbur Ross hired the head of Washington’s top mortgage regulator to pick through the wreckage of the housing bust looking for bargains.

And the world’s largest bond fund, Pimco, which has traditionally assessed the risk of any new investment according to five financial criteria, recently added one more: the impact of any change in federal policy.

Get the full story at WashingtonPost.com.

Washington Hosts Wall Street On Capitol Hill  was originally published on woldcnews.com