BlackRock chief Larry Fink pressured to resign over ESG ‘hypocrisy
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(((Larry Fink))) is a criminal. This is the furthest thing from his crimes, committed over the last 30 years.
Meanwhile, President and COO of Blackstone (((Jonathan Gray))) (yes, he's Jewish and changed his name for some reason) are denying withdrawals by investors.
Major Revelations must be coming soon because this is a cover story.
Bill Gates, Barack Obama, Jay-Z, Hillary Clinton, and many others are Gentiles and are all part of the club.
BlackRock: UK-based activist investor Bluebell Capital Partners called on the founder and CEO of BlackRock, Larry Fink, to resign. Bluebell, with its 0.01 percent stake in the largest asset manager in the world, said the company’s use of environmental, social, and governance (ESG) factors was filled with “hypocrisy” when looking at its investments.
BlackRock still holds significant thermal coal assets despite pledging to sell them more than two years ago. Bluebell has had success with its shareholder activism before. Last year, the company successful ousted Danone Chairman Emmanuel Faber and the CEO of Hugo Boss the year before that.
BlackRock’s investments by sector share of market value as of February 2021, USD
Courtesy of S&P Global
Vanguard: The second largest asset manager (behind BlackRock) announced it was pulling out of the Net Zero Asset Manager initiative. The company cited investor ‘confusion’ coming during a time of increased ESG criticisms from Republicans. • Last month, Republican attorneys-general asked the Federal Energy Regulatory Commission not to renew Vanguard’s ability to buy shares in American utilities. Also taking heat from the other side, an official from the Sierra Group said Vanguard “had never been serious” about mitigating climate change.
Norway’s sovereign wealth fund: Nicolai Tangen, CEO of the $1.3 trillion Norwegian oil fund, issued a warning saying it would “absolutely” vote against companies without a target to reach net-zero emissions. • According to the CEO, only 10 percent of companies owned by the firm have a net-zero target in place, though that amount accounts for one third of the fund’s emissions. Tangen also targeted excessive executive pay in the US, saying “executive pay and corporate greed has just reached a level that is really unhealthy”.
Zoom out: Activism about addressing climate change shifting from the streets to the boardroom is a sign the energy transition is progressing. Now bankers will be earning their big pay cheques in the coming years navigating complex trillion-dollar decisions.
So they want Black Rock comply to their Net-Zero Agenda by threatening Larry Fink and the company?
If he had just bought that electric car, his score would have been high enough to let him keep his job...
KEK!
Blackrock will collapse
Just like Madoff? "There is another side of the Rise of Fink. He has consistently cost his employers and clients millions of dollars in losses while never losing his aura of success! His economic empire is less a result of his economic skills and competitiveness and more a result of his political connections and trillion-dollar state contracts. Fink’s most famous financial product, mortgage-based securities led to the biggest collapse in world financial markets since the Great Depression."
https://dissidentvoice.org/2017/01/laurence-fink-the-trillion-dollar-deadhead/
Wait, there's more: "and the California Pension and Retirement system (CALPERS) was out $500 million dollars under Larry’s stewardship. "
This!
Fink is a fitting last name for such a Rat.
Guys...this is NOT something small...This is a VERY BIG DEAL!!!!! WOWZA!!!
Who was the entity that caused this? This is EXTREMELY IMPORTANT!!!!!!!