Who is the CEO of Blackrock?
Apparently Larry Fink runs the American Investment Firm known as BlackRock. Why do you ask? Are you going to write him a letter? In that case according to the article there’s some relevant information about where to send it
“In 2004, they bought Finch Farm in North Salem, New York from the actor Stanley Tucci for $3.7 million and have since bought seven more parcels of land there, including one from Maurice Sendak and 27 acres from the town’s deputy supervisor Peter Kamenstein in 2019 for $5.4 million.[47] They also have an apartment on the Upper East Side of Manhattan and a house in Aspen, Colorado.[3]”
If you’re worried about him being on the opposite side of political issues then don’t you worry because Larry “Fink is a lifelong supporter of the Democratic Party.”
I hope that helps you with your message! Good Luck.
I somehow doubt he was a Democrat. There are articles claiming he just split campaign contributions in half.
Sweet. Get Luigi on the phone.
We saw what was a perfect three-word alliteration as found on certain shell casings for a healthcare CEO, but what comparable three-word alliteration would be suitable for an asset manager? I don’t know…
I am also wondering that, you know, to make up something when the people who Extract all the value from society, Extinguish all alternatives to their monopolies are Eliminated.
That was so very well said! Yes, yes!
“Too much care” is great if you’re fine with passing up on the alliteration
Hello my American friends, as an observer from outside, it looks to me like you all need some of that “democracy” you’ve been bombing across the world for decades.
More than half of us agree with you but overcoming the inertia necessary to change our current condition of minority-majority rule is apparently going to take some kind of political (if not literal*) bomb.
*Not advocating violence, just feeling hopeless about the likelihood that we meaningfully change things at this point through anything short of an actual revolution.
It’s very difficult to use logic and try to reason with hatred. Majority of people genuinely want to settle disputes peacefully but it’s getting harder and harder to deny that’s simply not going to work against a minority of loud, angry and ignorant people cheering on a demagogue.
Historically, it has been violent unfortunately, and I don’t see that changing in this situation. Just hoping the violence is aimed at the right people soon before more innocent people die.
I agree that your entire political system needs a massive overhaul. Far too many lobby groups are spending stupid money to make money, leaving the majority of Americans voices when voting redundant. I wish you luck but I can’t see an easy way out of this for you.
2 of the worst companies out there fighting, get the popcorn ready
As much as people harp on blackrock and vanguard they hold a ton of people’s retirement funds.
This is a vicious thing to do of course but they are protecting a lot of people’s nest egg.
Wait. What’s the deal with vanguard? I don’t think I’ve ever seen anyone harp on them
Oh please. That doesn’t make the math any more forgivable. Every investor made a choice. The fact that it’s an institutional investor and mutual funds doesn’t sever the provider of the money and their demand for returns from the ethical issues of what the companies are doing.
Don’t fail to hold equity investors like this to account because they’re holding grandma’s retirement hostage. That’s on grandma too.
Fuck them. Oh no the insurance company is doing what it’s supposed to instead of denying everyone like they do.
Sure but it is sorta a treating the symptom and not the disease. Blackrock is right to sue them as a shareholder but companies should not be involved in people’s health care to begin with.
Actually they’re wrong to do it
Can you explain in what way you feel Blackrock is right? Do you feel that people’s lives and healthcare are less important than share holder profits for a company that sells you the promise of covering your medical expenses because that’s what you are specifically paying them to do because they gave you a legally binding agreement to do so? How does a health insurance company insuring healthcare costs put them in the wrong? I really need a clarification here.
Their job is to attain shareholder value, not to legislate healthcare. If you’re relying on the charity of for-profit corporations run by shareholders then you’re going to have a sad time, you need to look at who you’re voting for.
I know it doesn’t matter because money, but in what world does Blackrock have any semblance of standing to sue?
If they’re shareholders, they probably have standing to sue over lost shareholder value or some such bullshit like that
according to the supreme court standing is no longer required
Will nobody rid me of this meddlesome BlackRock CEO?
I have no love for him but the lawyers are actually arguing that UHC never disclosed that they would be denying rates at higher numbers than competitors. Meaning this article, according to it’s own cited source, is lying.
ethics and morality dont exists for BlackRock and the people who work for it. specially the people/lawyers/board members who do the dirty work and decision making to put this law suit into action. awful just evil awful wicked people at BlackRock no better then scum and bugs.
Don’t talk so rudely about scum and bugs please. They have more real purpose in this world than the people you mentioned.
send more blue shells
I’m not got to name names, but I really hope certain people cease to exist because that would be hilarious.
Can you give me fake names in place of real names so that I can look them up?
There’s this rule that says a business will never make less money to provide better arrived. They will charge us more and deny claims to compensate.
Why should the customer pay for the business to weather ups and downs.
Take pge. Hey burn half of the north bay down and then charge people more on their bills to prevent future fires. They were pocketing the money for years which caused the fires.
This country has really reached its end.
Sounds like the black rock ceo needs a visit by the Mario bros.
Did you know? Blackrock is the corporation that all evil corporations in fiction are based off of.
Technically, according to the source of the article above, BlackRock is actually suing UnitedHealth over stock price manipulation and that it’s earnings forecast did not disclose that they would be denying patients at a higher rate than competitors in order to meet its goal.
In other words, they’re suing UHC for denying too many people.
Let’s not conflate a legal rationale with a true motivation.
The premise of the lawsuit is literally the opposite of what the users here claimed was the premise of the lawsuit. If you wanted to insult Black Rock CEO and be honest you could just say he is suing them for not telling them about the denial rates and that he would have been fine if they had in fact told him.
Their true motive is to punish people who inflated the stock price with unachievable forecasts, thereby receiving monetary compensation. They couldn’t be more opaque about it if they tried.
Did you respond to the wrong person or something? I didn’t say shit about that
We were discussing how the lawsuit does or does not differ from their motivations.
Yeah the bit about “in other words” where you said the legal basis for the dispute is about a moral issue. You don’t see how that’s blatantly wrong?
I never said that, I explained very very very briefly that the source cited by this article above claims the basis for the lawsuit is that UnitedHealth made public earnings forecasts which were unachievable without artificially increasing the denial rate of claims, and they did not disclose this information to investors.
Morality has nothing to do with Black Rock’s claims. They were promised more money return on investment than was physically possible to provide.
me thinks 1 Luigi was not enough Luigi’s. more Luigi’s may be required.
in Mario Kart
Luigi appears to CEO in a nightmare
CEO: “Waaaaah! Luigi!!!”
Luigi: “No, just the regular one.”
Given the obesity rate in the US, we may also need a few Marios.
I hope these people have the day they deserve
They’ll all probably get away with everything while also giving themselves more money due to Trump’s regime. They’ll all live to ripe old ages supported by profits that could’ve benefitted everyone, if they don’t cure aging for themselves before then to become absolute, not that their shitty nepo kids wouldn’t just replace them.
