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Started By
Message
re: Owned by BLACKROCK
Posted on 1/3/22 at 9:57 am to momentoftruth87
Posted on 1/3/22 at 9:57 am to momentoftruth87
So you are doubling down on stupid, not surprising.
Explain how 4.3% is a majority of shares and please show your work.
Explain how 4.3% is a majority of shares and please show your work.
1
Posted on 1/3/22 at 10:52 am to RBTiger
dumb thread is dumb.
Posted on 1/3/22 at 12:00 pm to CajunTiger92
quote:
They own the shares using fund/etf owners money and they vote as they please. As a shareholder of blackrock funds you can sell your shares, like pulling your money out of the bank, but until then, they are using this power you give them to push a leftist agenda. The CEO of a company whose largest shareholder is blackrock is taking Larry Finks call.
Blackrock has LEVERAGE over all the senior executives and board members of all these companies. This leverage gives Blackrock the power to dictate company policy by passing along "friendly" ultimatums.
There is so much opportunity for corruption when politics and big corp become indistinguishable.
Posted on 1/3/22 at 12:12 pm to RBTiger
Do they own a majority of those companies stock or just own some stock in them? A financial firm owning blue chip stocks isn’t newsworthy, however them having a controlling interest in all of them would be newsworthy
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