BlackRock CEO reportedly 'ashamed' of
ESG political debate: 'Misused by the
far left and the far right'
Fox News,
by
Hanna Panreck
Original Article
Posted By: FlyRight,
6/27/2023 6:07:52 AM
BlackRock CEO Larry Fink is reportedly "ashamed" by the environment, social and governance (ESG) investment criteria debate and argued the term was being "misused by the far left and far right."
"I'm ashamed of being part of this conversation," Fink said, according to Axios.
Fink admitted during a conversation with the outlet at the Aspen Ideas Festival on Sunday that Florida Gov. Ron DeSantis' decision to pull $2 billion in assets from Blackrock in 2022 hurt his firm.
Reply 1 - Posted by:
NancyD 6/27/2023 6:45:55 AM (No. 1500367)
The left is trying to control and steal and the right is exposing that fact, so in their eyes both sides are wrong.
Its floors me how many stupid people are running the government, financial institutions, ad agencies...
One tries to control us, one wants our money and the other one tries to influence our habits and they are all idiots! Don't they see how dumb they are?
11 people like this.
Reply 2 - Posted by:
voxpopuli 6/27/2023 6:58:55 AM (No. 1500372)
Go esg
Go broke
8 people like this.
Reply 3 - Posted by:
Califedup 6/27/2023 7:01:59 AM (No. 1500375)
The go woke, go broke law of economics must be starting to hurt the demonic Blackrock. This Fink monster is as usual lying through his blood stained teeth. Real evil guy.
9 people like this.
Reply 4 - Posted by:
Rumblehog 6/27/2023 7:04:12 AM (No. 1500378)
Total BS. "ESG" is his "baby" and one of which he's particularly proud.
Obviously, Fink can hear the pitchfork wielding crowds chanting his name getting ever closer...
17 people like this.
Reply 5 - Posted by:
bpl40 6/27/2023 7:14:18 AM (No. 1500389)
Conscientious capitalism are weasel words for an attempt to have it both ways. Misusing other people's money entrusted to your custody to promote a left wing agenda that takes direct aim at the heart of capitalism - entrepreneurship and right to property.
11 people like this.
Reply 6 - Posted by:
slipstik 6/27/2023 7:21:51 AM (No. 1500396)
Obviously a man who believes his own lies. These people are the most dangerous. All he's gonna do is take his ESG BS under covers and continue to distort the world around him, just like teachers who groom your kids into LBGTQX, and "educators" who push CRT under a different rubric.
13 people like this.
Reply 7 - Posted by:
JackBurton 6/27/2023 7:24:00 AM (No. 1500398)
FTA: "It is capitalism, driven by mutually beneficial relationships between you and the employees, customers, suppliers, and communities your company relies on to prosper … Make no mistake, the fair pursuit of profit is still what animates markets; and long-term profitability is the measure by which markets will ultimately determine your company's success."
OH yeah? Tell me how extremely efficient use of abundant hydrocarbons isn't profitable and successful? You have to blackball such industries with loan rejections to bring them to heel. Tell me how popular Dylan Mulvaney was on a beer can. How Disney is doing with its woke beneficial relationships... and how the destruction of the family prospers this country.
Fink. Aptly named, IMHO.
11 people like this.
Reply 8 - Posted by:
Hazymac 6/27/2023 7:49:42 AM (No. 1500412)
Larry Fink needs to plan his own visit to the Titanic.
9 people like this.
Reply 9 - Posted by:
Rinktum 6/27/2023 8:30:10 AM (No. 1500447)
You should be, you globalist traitor. If you had any integrity, you would acknowledge that you are one of the self-serving globalists who desire to see the United States of America on her knees. We know who you are and just how dark and destructive your ideology is not only for this country but the entire world. It is men like you who have pushed nations into wars, caused famine, poverty and unchecked migration, and shown us exactly what it means to be an megalomaniac who has loyalty to no one but himself.
13 people like this.
Reply 10 - Posted by:
red1066 6/27/2023 9:30:34 AM (No. 1500481)
ESG is a leftist created investment strategy. It's a financial investment practice of investing in companies that fit the ideological thought of the left and of certain financial institutions and investment firms. Those companies that follow the leftist ideology get rewarded with a higher score and more money invested in their companies plus a better stock rating. It's how companies like Target and Anheuser-Busch can thrive after losing billions of dollars because of stupid advertising and marketing strategies.
5 people like this.
Black rock is evil.
4 people like this.
Reply 12 - Posted by:
MickTurn 6/27/2023 10:02:44 AM (No. 1500514)
I think I'll start a company named "White Rock" just to trigger these Morons!
3 people like this.
Reply 13 - Posted by:
2assume 6/27/2023 10:11:44 AM (No. 1500529)
A businessman should have the right to hire and fire who he pleases. He is there to make money. He is not there to make sure that someone who hurts his business has a job.
2 people like this.
Reply 14 - Posted by:
formerNYer 6/27/2023 10:25:09 AM (No. 1500539)
Hey Fink it's called having cahoonies to do what is right for investers and not the woke PC left.
1 person likes this.
Reply 15 - Posted by:
AltaD 6/27/2023 10:46:22 AM (No. 1500548)
FTA: The ESG movement "is not about politics. It is not a social or ideological agenda. It is not 'woke,'" wrote Fink.
Excluding the word "not", he provided the perfect definition of ESG.
1 person likes this.
Reply 16 - Posted by:
PlayItAgain 6/27/2023 11:09:21 AM (No. 1500567)
The Right is winning! We need some new lipstick for our pig!
In the mean time, I'll act humble and say that I'm ashamed.
1 person likes this.
Reply 17 - Posted by:
JimBob 6/27/2023 11:31:21 AM (No. 1500585)
Fink the Fink is only ashamed that he got caught and exposed.
That, along with James O'Keef's undercover interview with one of Fink's minions:
link:
https://okeefemediagroup.com/breaking-blackrock-recruiter-who-decides-peoples-fate-says-war-is-good-for-business-while-spilling-info-on-asset-giant/
0 people like this.
Reply 18 - Posted by:
Starboard_side 6/27/2023 11:32:44 AM (No. 1500586)
So, the game that's being played is from a very small group of government entities using the clout of their pension fund money to enact their desired society instead of working with the political system.
Those persons aren't elected officials.
Since these are public funds, it's taxpayer dollars, shouldn't they be under scrutiny by taxpayers?
0 people like this.
Reply 19 - Posted by:
DVC 6/27/2023 11:49:32 AM (No. 1500600)
I daily hope for this evil person to be deposed from power and just gone.
0 people like this.
Reply 20 - Posted by:
PrayerWarrior 6/27/2023 2:58:07 PM (No. 1500754)
Fink is a liar even as his father, the father of all lies, is, the devil himself. What a slimy, slick snake (Fink is) who slither out of the Garden of Eden...this is who you are dealing with today.
0 people like this.
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