Image by Steffi Reichert via Flickr
by Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog, June 22, 2020
June 23, 2020
BlackRock is a global financial giant with customers in 100 countries and its tentacles in major asset classes all over the world; and it now manages the spigots to trillions of bailout dollars from the Federal Reserve. The fate of a large portion of the country’s corporations has been put in the hands of a megalithic private entity with the private capitalist mandate to make as much money as possible for its owners and investors; and that is what it has proceeded to do.
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