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originally posted by: Grenade
a reply to: stonerwilliam
You are right, but money forces many people to change their opinions , some simply do not want to think much, reconciled with the fate of living today and tomorrow ... as it will be.
Some also just want money to live better and nothing else interests them in life
The oldest consumer advocacy group in the US sent a letter to 10 governors bashing BlackRock for investing state pension money into Chinese markets
Consumers' Research sent a letter to 10 governors who it said oversee the states with the most public pension funds invested with BlackRock, which manages roughly $10 trillion in assets. The group said BlackRock's "funneling of billions of US capital" in China is putting American security at risk and that it's concerned about BlackRock CEO's Larry Fink ties to China's Communist leadership.
BlackRock in its response said its approach to Chinese-related investments is consistent with US foreign policy.
"BlackRock is an asset management firm. The assets we manage are not our own, they belong to our clients.
Market s Insider