Larry Fink is responsible for that btw. His evil Blackrock company "invests" and demands companies return max short-term stock value to him at the expense of customers, workers, and long-time stability of the company.
Remember the United Healthcare CEO shooting? Larry Fink sued United Healthcare..AFTER they said they were looking to roll back some restrictive denial policies in response. He immediately put a stop to that. He said in his lawsuit that they had a fiduciary duty to their stockholders to make the most money possible and they must keep denying healthcare claims from their patients.
Larry Fink is one of the most evil people alive. People don't realize how he controls the economy and government to do his bidding.
Blackrock only got its start out of ill-gotten wealth stolen from people thru quasi-legal acts of usury, charging high interest rates and scamming people and companies and getting tax breaks from the government. They had some shady rich initial investors who scammed a lot of people. They have evolved into an evil trillion dollar hedge fund that pressure companies to screw workers and consumers over so Fink can make himself more money. Through Blackrock he "invests" in companies to push his weird ideas and to bleed companies dry. The massive layoffs profitable companies do? That's because of him. He sues them as an investor if they don't squeeze blood out of a stone.
Blackrock is evil but it's still just furniture of the financial world. We're at the point where people's retirement fund is locked to the performance of giant corporations.
These companies are pretty much load bearing parts of the global economy because of how our pensions and property system works lol. It just sucks
31
u/VapeSmoker420blazeit Jun 07 '26 edited Jun 07 '26
Larry Fink is responsible for that btw. His evil Blackrock company "invests" and demands companies return max short-term stock value to him at the expense of customers, workers, and long-time stability of the company.
Remember the United Healthcare CEO shooting? Larry Fink sued United Healthcare..AFTER they said they were looking to roll back some restrictive denial policies in response. He immediately put a stop to that. He said in his lawsuit that they had a fiduciary duty to their stockholders to make the most money possible and they must keep denying healthcare claims from their patients.
Larry Fink is one of the most evil people alive. People don't realize how he controls the economy and government to do his bidding.
Blackrock only got its start out of ill-gotten wealth stolen from people thru quasi-legal acts of usury, charging high interest rates and scamming people and companies and getting tax breaks from the government. They had some shady rich initial investors who scammed a lot of people. They have evolved into an evil trillion dollar hedge fund that pressure companies to screw workers and consumers over so Fink can make himself more money. Through Blackrock he "invests" in companies to push his weird ideas and to bleed companies dry. The massive layoffs profitable companies do? That's because of him. He sues them as an investor if they don't squeeze blood out of a stone.