Florida pulls $2 billion from BlackRock in largest anti-ESG divestment

[BabyBoomer50s]

Another poke at the woke. Let the screaming begin.

Florida pulls $2 billion from BlackRock in largest anti-ESG divestment​

https://www.msn.com/en-ca/money/top...ck-in-largest-anti-esg-divestment/ar-AA14N4oN

 

[phrodeau]

Which will disappear faster, Florida’s investment portfolio or its coastal cities?

 

[SubzeroGirl]

“The ouster of BlackRock will have little immediate impact. The firm worldwide was managing nearly $8 trillion at the end of September.” The Washington Post

It’s a good start. Don’t argue with ideals, argue with your wallet.

 

[Lazaran]

Which will disappear faster, Florida’s investment portfolio or its coastal cities?

Does it matter???

IIn either eventuality DeSocialist will stick out a grubby paw for a bailout from Uncle Sugar..

Pathetic.

 

[Chobham]

“The ouster of BlackRock will have little immediate impact. The firm worldwide was managing nearly $8 trillion at the end of September.” The Washington Post

It’s a good start. Don’t argue with ideals, argue with your wallet.

Smart move on FL's part. A great deal of Black Rocks portfolio is tied up in China and China isn't looking good going forward.