Oddball
Unobtanium Member
It looks like political con games can't outrun economic realities and anti-trust laws, even when funded by the world's avatar for crony corporatist avarice.
First ESG bites the dust, now Blackrock ditches the globalclimatecoolerwarmeringchange money laundering scam.
A BlackRock spokesperson confirmed to The Epoch Times that the company has decided to withdraw from the Net Zero Asset Managers initiative (NZAM), a coalition comprised of over 325 signatories managing more than $57.5 trillion, all committed to the goal of achieving net-zero greenhouse gas emissions by 2050 by aligning investment strategies with this objective.
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“The over 60 asset managers with membership in NZAM must answer for their involvement in prioritizing woke investments over their own fiduciary duties,” the House Judiciary Committee said in a statement, while letters sent to various asset managers demanded the preservation of records that may be associated with “NZAM’s collusive activity that would inform potential legislative reforms.”
www.zerohedge.com
First ESG bites the dust, now Blackrock ditches the globalclimatecoolerwarmeringchange money laundering scam.
A BlackRock spokesperson confirmed to The Epoch Times that the company has decided to withdraw from the Net Zero Asset Managers initiative (NZAM), a coalition comprised of over 325 signatories managing more than $57.5 trillion, all committed to the goal of achieving net-zero greenhouse gas emissions by 2050 by aligning investment strategies with this objective.
<snip>
“The over 60 asset managers with membership in NZAM must answer for their involvement in prioritizing woke investments over their own fiduciary duties,” the House Judiciary Committee said in a statement, while letters sent to various asset managers demanded the preservation of records that may be associated with “NZAM’s collusive activity that would inform potential legislative reforms.”
BlackRock Exits UN-Backed Net-Zero Climate Pact | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
