BlackRock, the world’s largest investment manager that oversees $10 trillion in client funds, has positioned itself as a socially conscious firm. However, the company is choosing China over the United States as it advances its environmental and social priorities, according to Will Hild, executive director of Washginton-based nonprofit Consumers’ Research. Hild said BlackRock CEO Larry…
BlackRock Sells Out US Interests for ‘Personal Favors’ in China, Consumer Group Director Says
June 15, 2022
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BlackRockBusiness & MarketsChinaChinese RegimeCompanieseconomyESGFinance & Business TiesInvestmentLarry FinkSpecial TopicsUSUS NewsUS-China relationswill hild
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‘I’m Not Woke,’ Says JP Morgan CEO Defending ‘Stakeholder Capitalism’
June 2, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDefending AmericaFeatured TopicsJamie DimonLarry FinkPoliticsSenator Ted Cruzstakeholder capitalismUS
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JP Morgan CEO Jamie Dimon claimed in an interview at a conference on Wednesday that his push toward “stakeholder capitalism” is being misconstrued as being “woke,” and that he remains “a red-blooded free-market capitalist.” “I’m not woke. And I think people are mistaking the stakeholder capitalism thing for being woke,” Dimon told a conference organized…
BlackRock ‘Negotiated Against America’ with Chinese Investments, Group Claims
Consumers’ Research, a non-profit organization, released an ad campaign titled “Betting on China” that targets investment management titan BlackRock over its investments in China. The 30-second ad spot claims that the money manager is pouring billions into Beijing that “props up Chinese Communist leaders.” The group further stated that BlackRock has invested in surveillance companies…
‘Stand up to BlackRock Like You Did to China’: Former Senator Calls on Australian PM
September 9, 2021
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AustraliaBlackRockBusiness & Economyclimate changeCompaniesEconomiesemission targetsInternationalLarry FinkRon BoswellUSUS NewsWorld
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The Australian prime minister should resist pressure from overseas investments giants—like BlackRock—on climate change action, in the same way, the federal government resisted the Chinese Communist Party’s (CCP) economic coercion. Ron Boswell, former National Party senator, said moves by business and political leaders in the United Kingdom (UK), United States, and European Union (EU) to…
Top Wall Street Executives Say Inflation Could Be Worse Than Predicted
Two of Wall Street’s top CEOs have differing views on inflation, but both diverge from the Federal Reserve’s predictions that price increases are transitory and will fade away once the supply shocks and other pressures ease. Larry Fink, chairman and CEO of BlackRock, the world’s largest asset manager is convinced that inflation is not temporary…
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