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Larry Fink

Larry Fink as Wall St. Dr. Evil?: ‘Woke’ within reason

Consumers’ Research is not giving up its crusade against woke Blackrock CEO Larry Fink. The latest effort plastered Fink’s face across mobile billboards that circled Wall Street with the phrase “Who Is Larry Fink?” The billboards included a link to WhoIsLarryFink.com, a website exposing Fink’s hypocrisy for supporting Chinese businesses while condemning American businesses that don’t meet his woke ESG (environmental, social, governance) standards.

2022-02-27T21:57:30-05:00February 19th, 2022|News|
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Consumers’ Research blasts BlackRock’s Larry Fink for going ‘all-in on China’

In the United States, Larry Fink has used his position as CEO of the woke investment firm, Blackrock, to promote woke ESG (environmental, social, governance) investing standards on American companies. But in China, he is more than willing to ignore pollution, human rights abuses, and other harmful behavior by the Communist Party. Consumers’ Research highlighted this hypocrisy in its latest advertising campaign. The group called Fink a “defector” for investing in companies tied to the Chinese military and for praising Chinese leader Xi Jinping.

2022-02-17T18:41:25-05:00February 10th, 2022|News|
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Larry Fink of BlackRock and His Global Crusade to Advance Identity Politics

The visible, tangible economy concerns profit and loss, debt and credit. These accounts must be measured and settled if the work of a modern economy is to go forward. The invisible economy is also part of our existence. Here, we deal with perennial notions of sin, guilt, forgiveness, and mercy.

2022-02-08T16:08:52-05:00January 28th, 2022|News|
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Woke Capital Won’t Save the Planet – But It Will Crash the Economy:

Judged by BlackRock CEO Larry Fink’s latest letter, January 2022 might turn out to be the highwater mark of woke capitalism. Stakeholder capitalism is not “woke,” Fink says, because capitalism is driven by mutually beneficial relationships between businesses and their stakeholders. He’s right. What Fink describes is capitalism pure and simple, the stakeholder modifier adding nothing to the uniqueness of capitalism in harnessing competition and innovation for the benefit of all.

2022-02-02T14:30:47-05:00January 25th, 2022|News|
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Larry Fink and the Wrong Kind of Capitalism

It’s the time of year when Larry Fink, the chairman and CEO of BlackRock, comes out with his annual letter to CEOs, a letter in which he tells CEOs what he expects of them. As BlackRock marked the end of 2021 by passing the benchmark of $10 trillion under management, an impressive figure however you look at it, many CEOs will treat Fink’s thoughts with rather more respect than their shareholders or our democracy deserve — $10 trillion will do that.

2022-02-02T13:59:04-05:00January 22nd, 2022|News|
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Texas Joins West Virginia In Boycotting BlackRock Over ‘Decarbonization’ Push

Typically, letters to investors don't elicit this kind of backlash. But given BlackRock's outsize influence on the US (and the global) economy, perhaps it's not surprising that a handful of US states with thriving energy industries are expressing their frustration with BlackRock CEO Larry Fink and his latest essay about the importance of "stakeholder capitalism".

2022-01-26T13:24:47-05:00January 20th, 2022|News|
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Larry Fink and BlackRock Pulling Back on “Woke” Investing?

Larry Fink and his team at BlackRock seem to have heard the growing roar of opposition to politicized investing that is emerging in the United States. While his 2022 public letter to CEOs features a heavy focus on climate change and decarbonization (as in years past), it opens with a defensive insistence that the company’s approach to stakeholder capitalism is not political or “woke.”

2022-01-26T13:25:21-05:00January 19th, 2022|News|
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It’s time for Larry Fink to come clean about fossil fuels

Breaking: A previously-unreleased pro-oil/gas letter sent by BlackRock to Texas lawmakers and oil/gas executives reveals that the company is simultaneously 1) trying to gain status by supporting anti-oil/gas net zero goals, and 2) trying not to lose any pro-oil/gas investors.

2022-01-26T14:34:00-05:00January 18th, 2022|News|
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Christian investors, what are BlackRock and other Wall Street giants supporting with your money?

One of the little secrets about these money management firms is that they don't just get to make money on your investments as a client (which, of course, is fine), but that they get to vote on your behalf about a wide variety of social and political corporate policies according to BlackRock's value system, and not yours.

2022-01-26T13:30:33-05:00January 12th, 2022|News|
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