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Distilled for you interested anons:
Blackrock is the largest asset manager in the world. The firm directly manages close to $9T (yes that’s trillion) in assets and over $21T in risk management. Blackrock CEO and Chairman, Larry Fink (ahem yeah early life), has his hands in over $30T in assets, yet is relatively unknown. Here’s his background - oversaw 2008 bailout fund; had assets managed grow from less than $2T in 2008 to $9T today; was likely going to run treasury department for Clinton; publicly turned down offer to run it for Biden; etc.
Blackrock is the largest investor in fossil fuels, and is looking to now be the biggest investor in renewable energy. The firm has executives all over the Biden admin, including running Nation Economic Counsel, economic advisor to VP (soon to be prez) Kamala, and as a top treasury official.
Blackrock received the most COVID relief out of anyone. They consolidated immense power since 2008. Oh and they made $2.4B off GameStop, after they bought millions of shares in December.
This is the megacorp. The biggest institution in the world.
