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BlackRock hit by $52B withdrawal from single client
- alexcos 1y agoNon-paywall: https://archive.ph/yek4E https://archive.ph/yek4E
- zingerlio 1y agoAre they going to pay tax on the withdrawal? No way to avoid it, right?
- dcrazy 1y agoDepends on the fund’s structure and its performance. For all we know the investor was in the red.
- 6Az4Mj4D 1y agoSome account manager is going to have bad annual performance review.
- derelicta 1y agoNationalise BlackRock already
- mass_and_energy 1y agoThis might be a bit of an oversimplification, but, if a bank robbery was committed and it came to light that an individual or party was the financier, they too would be investigated and likely charged. In this case, Black Rock funds war crimes in China and Israel. Shouldn't they too be held accountable, as the financier??