March 22 (New York Times) -- Google may be hoping to profit from its vast collection of knowledge. The Internet search giant is seeking to hire bond traders and analysts, according to job postings on its Web site that were unearthed by Business Insider.
An unidentified person who interviewed for one of the positions told Business Insider that Google was trying come up with ways to manage its large cash reserves. But could anyone at Google be tempted by the idea of starting a hedge fund?
Business Insider notes that in the book "Googled: The End of the World As We Know It," its author, Ken Auletta, wrote that Sergey Brin, Google's co-founder, once said the company should start a hedge fund because it has so much information. But Eric Schmidt, Google's chief executive, reportedly responded, "Sergey, among your many ideas, this is the worst," since the company would face serious legal problems in starting a hedge fund.
Regardless of Google's plans, the company is looking for a trader of foreign government bonds, an analyst for Google's United States government bond portfolio and a portfolio analyst for agency mortgage-back securities, according to Business Insider.
Those jobs will be at Google headquarters in Mountain View, Calif., according to the job postings -- and not in the hedge fund heaven of Greenwich, Conn.
That means Google's financial employees will be starting work very, very early in the morning. Maybe that's why the job lists among its requirements "a good sense of humor."



[B]what an ambitious company.. try to dominate financial sector as well..