The dollar's still the place to protect wealth, says BlackRock (BLK) co-founder Laurence Fink,...

|By:, SA News Editor

The dollar's still the place to protect wealth, says BlackRock (BLK) co-founder Laurence Fink, who will lead the world's biggest money manager after the firm completes its acquisition of Barclays Global Investors. But he argues that without action on deficits, a new reserve currency might emerge.