Rise to the Moment of Truth Wednesday, June 19, 2024

Tag: BLACKROCK

Photo from KFP com Alabama News
Troy University economist: Tennessee lawsuit against BlackRock may bring to light plans and practices that have hidden in the dark for too long

An Alabama lawyer and economist said that a recent lawsuit from the state of Tennessee against the financial titan BlackRock, Inc. over its environmental, social, governance (ESG) investment strategy could shed light on the massive asset management corporation. 

Blackrock OMG Alabama News
Troy University economist warns of BlackRock's 'nefarious ability to influence politicians' in wake of O’Keefe report of alleged recruiter — 'These guys run the world'

Independent journalist James O’Keefe released a video on Wednesday morning in which an alleged BlackRock Inc. employee suggested the company is purchasing politicians and profiting off of war. One Alabama lawyer, economist and think-tank leader said it’s a sign that the company has “an uncanny and nefarious ability to influence politicians.”

Regions Alabama News
Vanguard, BlackRock top owners of Birmingham-based bank Regions Financial

Vanguard and BlackRock Inc., two large asset management companies committed to controversial so-called “sustainable” investing, happen to be the largest owners of Birmingham-based Regions Financial.

Steve Marshall, ESG Alabama News
AG Marshall signs letter to BlackRock, other financial institutions over ESG push — Stop allowing savings to be 'commandeered by activists'

Alabama Attorney General Steve Marshall signed a letter late last month with several other attorneys general criticizing large financial institutions like BlackRock Inc. for leveraging their capital to push woke environmental and social objectives.

Photo from Kay Iveys Twitter Alabama News
Ivey joins DeSantis in fight against Biden over ESG in retirement funds, signs joint statement vowing to 'leverage state pension' against woke investing

Alabama Gov. Kay Ivey joined Florida Gov. Ron DeSantis and 17 other states to oppose President Joe Biden’s efforts to keep environmental, social and governance investing in employee pension plans.

Train by Ankush Minda Alabama News
Norfolk Southern train derails in Calhoun County as company faces investigation from federal agencies, apologizes to Congress

Around 30 train cars derailed early Thursday morning from a Norfolk Southern Railway in Calhoun County, just as the railroad company’s CEO apologized to Congress for the devastating derailment in East Palestine, Ohio, which resulted in over a million pounds of toxic chemicals potentially being spilled.

Photo from BlackRock Facebook page Alabama News
BlackRock responds to AG Steve Marshall, other conservative AGs over ESG criticism

BlackRock responded to the attorney generals of some conservative states on Wednesday, defending its stance on ESG investing.