Did BlackRock’s Larry Fink Go Too Far?

Ted

FYI: The tremor Wall Street felt last Tuesday was caused by a letter—the annual epistle from BlackRock CEO Larry Fink to CEOs of companies in which the world’s biggest institutional investor owns shares.

To paraphrase an old EF Hutton TV ad, when BlackRock talks, people listen. Behind Fink is more than $6 trillion in global assets. That’s equal to 20% of the total U.S. market value, as measured by the Russell 3000 Index.
Regards,
Ted
http://www.cetusnews.com/business/Did-BlackRock’s-Larry-Fink-Go-Too-Far-.SJ1c6UgBG.html

msf

John Rekenthaler's thoughts on the matter: "Putting Larry Fink's Corporate-Governance Comments to the Test"
http://www.morningstar.com/articles/845217/putting-larry-finks-corporate-governance-comments-to-the-test.html

The original thread, including link to Fink's letter:
https://www.mutualfundobserver.com/discuss/discussion/38101/blackrock-s-message-contribute-to-society-or-risk-losing-our-support