Radical left Blackrock CEO Larry Fink was caught on audio Friday completely losing his mind as red states cut off funds to his woke company, including the Texas Permanent School Fund’s decision to withdraw $8.5 billion last month.
As Gateway Pundit readers know, BlackRock is the largest asset management firm in the world, overseeing trillions of dollars worth of assets. It was founded in 1988 by Fink.
The company used to focus solely on risk management and fixed-income securities management but has since attempted to force companies across America to adopt a social credit system akin to Communist China focused on Environment and Social Justice (ESG) or face penalties. This includes forcing companies to go along with the radical left’s DEI agenda and pressuring firms not to fund coal and other fossil fuel projects.
Bud Light’s partnership last year is a textbook example of how this scheme works.
Blackrock, Vanguard, State street hedge fund companies are the very ones supplying funding to these so called home builders to build townhomes, apartments, other. That’s why no more homes are being built. First time homebuyers can’t find any homes to buy..
Why are states funding blackrock, a multi-billion dollar company ??