BlackRock CEO Disavows “ESG” Label, Which Means They’re About to Rebrand and Ramp Up Woke Investing

submitted by boston_blackie from (jdrucker.com)

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[–][deleted]  (2 children)

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    [–]Site_rly_sux 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

    He didn't disavow anything though, op lied and you're an idiot to believe him, especially given how often you yourself lie to saidit - one would expect you'd know better than to believe saidit OPs

    [–]RoundOpaque 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    "Disavows" in the linked article is intentional hyperbole - and recycling repackaging hyperbole out of context like has been done in b_b's link title is misleading. None-the-less, ol' double-boomer boy is right - Fink is only ashamed of -what- the politicization around his ESG has been, NOT that he intended it to be used politically all along:

    "I'm ashamed of being part of this conversation," "When I write these [investment] letters, it was never meant to be a political statement. " "… They were written to identify longterm issues to our longterm investors," "I never said I was ashamed," he said, incorrectly. "I'm not ashamed. I do believe in conscientious capitalism."