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“DEMONIZED” ESG NARRATIVE IS FINALLY GETTING TO BLACKROCK’S LARRY FINK
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Original Message
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Larry Fink will ultimately give up on “ESG investing” or the market will grind him and his Blackrock behemoth into powder. When states like Florida pull all investments worth $2 billion from Blackrock, it hurts. Fink, whose ego is as big as the solar system, views such actions as “demonizing the issues” and “personal attacks”.
Fink’s complaints, delivered at the current WEF meeting in Davos, highlight a somber mood among global elitists. They are reeling from the public resistance to their crackpot schemes and they just cannot understand why anyone would be less than thrilled with their magnificence.
In fact, we are disgusted and fed up with them.
BlackRock, the world’s biggest asset manager, has faced increasing backlash about environmental, social, and governance ESG investing. A handful of US states have pulled billions of dollars from BlackRock funds over accusations of “greenwashing,” hurting the fossil fuel industry and turbocharging America’s “woke” culture.
Read full article here:
[link to www.blacklistednews.com (secure)]
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