Greece's Rolling Waves

For most of his career, Peter R. Fisher, vice chairman of BlackRock, has been known as a behind-the-scenes player in global financial markets, starting from the time he managed the open market desk at the New York Federal Reserve Bank and oversaw its foreign currency operations. As undersecretary at the U.S. Treasury, he was the bond guy who cancelled America's 30-year bond, winning praise and consternation in the market.

At BlackRock since 2004, he served as Chairman of BlackRock Asia and was responsible for overseeing the firm's businesses in Japan, Korea, China, Taiwan, Singapore and Southeast Asia. Now he is head of BlackRock's Fixed Income Portfolio Management, which has bond assets under management exceeding US$ 1 trillion – making them the largest bond market player in the world.