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Private Governance and the "Power of Twelve"

Private Governance and the "Power of Twelve"

FromUK Column Podcasts


Private Governance and the "Power of Twelve"

FromUK Column Podcasts

ratings:
Length:
17 minutes
Released:
Sep 7, 2022
Format:
Podcast episode

Description

In this brief podcast, Mark Anderson expounds on the concerns of 19 American Attorneys General (chief law officers of states) who wrote to BlackRock CEO Larry Fink over concerns that the world's top index-fund management companies are becoming too powerful and engineering the world according to a a global agenda and not for the best possible investment returns for US pensions. Out of this analysis emerges serious concerns that "Twelve Emperors"—funds including BlackRock, State Street and Vanguard—could soon rule the world in several key ways, as warned of by Harvard's John Coates and even the Financial Times. Read the write-up at: https://www.ukcolumn.org/article/19-us-attorneys-general-fed-up-with-blackrocks-brazen-efforts-to-function-as-a-private
Released:
Sep 7, 2022
Format:
Podcast episode

Titles in the series (100)

The UK Column is an independent news organisation analysing the information war.