BlackRock
BlackRock is a globalist investment management corporation based in New York City, founded in 1988. BlackRock is the world's largest asset manager, with US$10 trillion. Among their management contracts is they are one of two companies which manage the Thrift Savings Plan, the United States government's version of a 401(k) plan for federal employees.
Their CEO and founder is Larry Fink, who sits on the boards of the influential Council on Foreign Relations and World Economic Forum.[1] BlackRock owns substantial stakes in global entities, such as its ownership of 4% of Credit Suisse as of March 2023.[2] BlackRock is contrasted with the smaller Blackstone Group, whereby BlackRock invests in "equity (including private equity), fixed income, multi-asset, alternatives, cash management, and advisory," while the Blackstone Group is in "real estate, private equity, hedge fund solutions, and credit and insurance."[3]
In France, protesters forced their way into Blackrock's Paris offices on several occasions shouting, "Blackrock Assassins".[4] Thomas Matthew Crooks, the attempted assassin of President Donald Trump, appeared in a Blackrock commercial in 2022.[5][6][7]
On or about May 11, 2023, BlackRock announced that it "is shaking up its alternatives business, with roughly $300 billion of assets, as the firm seeks to build more focused teams for private credit and direct equity strategies."[8]
The asset manager aims to push the world towards producing “net zero” emissions by 2050 and sees climate change as a severe financial risk, according to BlackRock CEO Larry Fink's 2022 letter to executives. BlackRock uses so-called uses “Environmental, Social, and Governance” standards — known as ESG in making investment decision. ESG ratings involve considering a wide range of issues in investments, such as companies’ climate-change vulnerabilities; carbon emissions; racial inequality; product safety; supply-chain labor standards; privacy and data security; and executive compensation.[10] In August, 2022, 19 Republican attorneys general accused BlackRock of violating its duty to make money for its clients by allegedly boycotting fossil fuel companies.[11] In a setback to radical environmentalists, CEO Fink stated in an annual letter in March 2023 to investors and stakeholders that:
| “ | But as I have said consistently over many years now, it is for governments to make policy and enact legislation, and not for companies, including asset managers, to be the environmental police.[12] | ” |
The influence of Blackrock is doubtful. On May 23, 2022, Blackrock announced a downgrade of its projection for the value of U.S. stocks,[13] and the stock market responded by sharply increasing in value immediately afterwards.
In a June 2023 undercover video released by O'Keefe Media Group, a BlackRock recruiter named Serge Varlay described how BlackRock is able to “run the world” in about 7 minutes.[14]
"Ukraine is good for business. War is good for business," a BlackRock executive was recorded saying.[15] Tom Luongo was quoted in Zerohedge on December 16, 2023 saying, "The folks with the most to lose in Ukraine at this point are those carpetbaggers who were chosen to rebuild the country after the war. Russia understands this and no more wants Blackrock rebuilding Ukraine than it wants Ukraine in NATO.”[16]
In March 2025 Blackrock took over control of ports from China in the Panama Canal Zone.[17]
See also
References
- ↑ https://www.weforum.org/about/leadership-and-governance
- ↑ https://www.cnn.com/2023/03/18/business/credit-suisse-crisis-ubs/index.html
- ↑ https://invezz.com/news/2022/12/26/blackstone-vs-blackrock-better-buy-after-a-tough-2022/#:~:text=Blackrock%20vs%20Blackstone,-Blackstone%20and%20Blackrock&text=They%20nonetheless%20operate%20in%20different,%2C%20cash%20management%2C%20and%20advisory.
- ↑ Blackrock Assassins, Yahoo Finance, 10 February 2020. uk.finance.yahoo.com
- ↑ Trump Rally Gunman - Thomas Matthew Crooks - in BlackRock Promotional Video, This is the President, Jul 14, 2024. YouTube
- ↑ Trump shooter appeared in 2022 BlackRock ad, investment firm pulls it down, Reuters, UPDATED: Jul 15, 2024. indiatoday.in
- ↑ Trump shooter tied to Blackrock, The Jimmy Dore Show, Jul 14, 2024. YouTube.
- ↑ https://www.bloomberg.com/news/articles/2023-05-11/blackrock-overhauls-leadership-of-credit-private-asset-business?leadSource=uverify%20wall
- ↑ https://www.nytco.com/press/the-new-york-times-to-host-annual-dealbook-summit-on-nov-30/
- ↑ https://theconservativetreehouse.com/blog/2022/12/01/florida-governor-follows-west-virginia-in-pulling-state-funds-from-blackrock-over-esg-investing
- ↑ https://dailycaller.com/2022/12/01/florida-divests-2-billion-blackrock-activist-investing/
- ↑ https://www.wnd.com/2023/03/blackrock-ceo-scales-back-emphasis-climate-investing/?utm_source=izooto&utm_medium=push_notification&utm_campaign=BlackRock_scales_back_climate_investing
- ↑ https://www.bnnbloomberg.ca/blackrock-cuts-developed-market-stocks-to-neutral-on-fed-china-1.1769714
- ↑ https://rumble.com/v2ve6r0-blackrock-recruiter-who-decides-peoples-fate-says-war-is-good-for-business-.html
- ↑ https://www.youtube.com/watch?v=Ijqmk-5d364
- ↑ [https://www.zerohedge.com/geopolitical/luongo-running-empty-us-leaves-zelenskyy-hanging Luongo: Running On Empty, The US Leaves Zelenskyy Hanging,” Tyler Durdan, zerohedge.com, December 16, 2023. zerohedge.com
- ↑ https://nypost.com/2025/03/04/business/blackrock-to-take-control-of-ports-in-panama-canal-for-23b/
