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Powell and Blackrock have something to do with each other. It's reasonable to assume a conflict of interest. "Fed Chair Powell Has Upwards of $11.6 Million Inv
by celtoid 3y ago
Powell and Blackrock have something to do with each other. It's reasonable to assume a conflict of interest.
"Fed Chair Powell Has Upwards of $11.6 Million Invested with BlackRock, the Firm that Will Manage a $750 Billion Corporate Bond Bailout Program for the Fed
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[0] https://wallstreetonparade.com/2020/05/fed-chair-powell-has-upwards-of-11-6-million-invested-with-blackrock-the-firm-that-will-manage-a-750-billion-corporate-bond-bailout-program-for-the-fed/ https://wallstreetonparade.com/2020/05/fed-chair-powell-has-...
- boeingUH60 3y agoThanks for repeating the same thing, I guess..
- celtoid 3y agoYou appeared to claim the Blackrock and Powell had nothing to do with each other. I was correcting the error.
- gottorf 3y agoI think the contentious point is not that "Fed Chair Powell Has Upwards of $11.6 Million Invested with BlackRock", it's that concurrently "the Firm that Will Manage a $750 Billion Corporate Bond Bailout Program for the Fed". At most one of those two things should be true for there to be no conflict of interest.