Black Rock and Vanguard are two of the biggest asset management firms on the planet with stake held in virtually every publicly traded company. I suspect Blackrock also may be using the share holder power they wield and threaten to play the fiduciary responsibilities card on any company that attempts to resist.
Call it Fascism. Name it Ron.
Call it Blackrock...
Black Rock and Vanguard are two of the biggest asset management firms on the planet with stake held in virtually every publicly traded company. I suspect Blackrock also may be using the share holder power they wield and threaten to play the fiduciary responsibilities card on any company that attempts to resist.
That is exactly what they are doing. Simple mob-style extortion....