Who actually owns Blackrock?
(twitter.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (19)
sorted by:
Companies will always seek to add assets to their balance sheet. Market Securities like stocks are considered to be 90 day current assets on the balance sheet.
Which means they are easily converted into cash.
This is why you will see a company called Microsoft own stock in some unrelated business like Walmart.
When you trace these relationships. It could come across as a massive shady operation going on.