Blackrock
Story Stream
Collectivism in the C-Suite February 06, 2025
On January 10, Federal Judge Reed O’Connor, of the U.S. District Court for the Northern District of Texas, ruled that American Airlines had violated both federal law and its fiduciary duty of loyalty to its employees by contracting with BlackRock to ...
The End of Index-Fund Activism January 30, 2025
The politicization of corporate governance (and, derivatively, of the capital markets themselves) is a complicated subject. Treatments of the topic tend to be either eye-glazingly technical or disappointingly superficial. For that reason, the origins...
"A Tyranny for the Good of its Victims" by Andrew F. Puzder January 27, 2025
Over the last thirty-five years, asset manager mega-giants BlackRock, State Street, and Vanguard have accumulated unprecedented levels of stock ownership in virtually every major US company. Voting the shares they hold for clients allows these compan...
Puzder On Stakeholder Capitalism January 22, 2025
Andrew Walworth spoke to Andrew F. Puzder about his new book, "A Tyranny for the Good of its Victims: The Ugly Truth about Stakeholder Capitalism," which makes the case that BlackRock, State Street, Vanguard, and other large asset managers have impos...
BlackRock Stacked Exxon’s Board With Fossil Fuel Haters January 20, 2025
A recent House Judiciary Committee report details how America’s largest financial institutions, colluding with climate activists, imposed radical environmental policies on the American economy, subverting both our self-government and free markets. It...
