Remarks: Laurence “Larry” Fink is an American billionaire businessman and one of the most powerful men in the financial world. He is the Founder, Chairman and CEO of BlackRock, the world’s largest investment firm which manages more than US$10 trillion in assets. Fink sits on the Board of Trustees of the World Economic Forum. Fink is also a Board Member of the Council on Foreign Relations and a member of Kappa Beta Phi, a secret society made up of high-ranking financial executives plus he is a lifelong supporter of the Democrat Party. FULL STORY HERE: https://www.4cmitv.com/2022/07/27/2022-jul-25-meet-a-davos-disciples-10-blackrocks-larry-fink/
BACKGROUND HEADLINES: Meet key players linked to the World Economic Forum.
Introducing you to those who are key players or heavily connected to Klaus Schwab’s World Economic Forum we begin with those who hold considerable sway in Australia.
By guest contributor Kurt Mahlburg
In recent years, the unwillingness of governments to listen to common sense and the lockstep virtue-signalling of global corporations are some of the more obvious signs of a rising outside influence over Western democracies.
The most prominent organisation seeking to impose a globalist agenda on nation states is the World Economic Forum (WEF), which recently held its annual meeting in Davos, Switzerland.
WEF founder and Chairman Klaus Schwab has become something of an internet meme for his Bond-villain-like outfits and his boast of WEF’s ability to “penetrate the cabinets” of national governments through their Young Global Leaders alumni.
As Senator for South Australia Alex Antic warned Parliament last year 2021, the WEF might lobby on issues such as climate change, so-called systemic racism and sexism and creating an online digital identity.
However, “closer inspection reveals the World Economic Forum is an anti-capitalist, anti-free market organisation that seeks to subvert Western values and political processes”.
Over 20 Australians have completed the WEF’s Young Global Leaders program.
Dozens more have attended Davos summits and have made key contributions to WEF policies and initiatives.
Many of them are wealthy, well-connected and unelected — but are playing an outsized influence on the future trajectory of our country. It is in the interest of every Australian to be aware of the Davos disciples who are shaping Australia.
Many of them are wealthy, well-connected and unelected — but are playing an outsized influence on the future trajectory of our country.
It is in the interest of every Australian to be aware of the Davos disciples who are shaping Australia.
Our special correspondent Kurt Mahlburg has the story below
BACKGROUND HEADLINES: The highly popular series of biographies on key people linked to the World Economic Forum (WEF) once again goes global. CEO Larry Fink
Focusing this time on the Chief Executive Officer of the multinational investment corporation BlackRockSEE URL: https://www.blackrock.com/au that — along with VanguardSEE URL: https://www.vanguard.com.au/personal/ and, to a lesser extent, State StreetSEE URL: https://www.statestreet.com/about/office-locations/australia/business-units.html — is on its way to owning just about everything.
If you want to read more about how BlackRock, Vanguard and State Street are on the verge of owning almost everything, please read this post “These 3 corporations could own EVERYTHING!” from a month ago, which now has been de-paywalled.
Contributed by Kurt Mahlburg
Laurence “Larry” Fink is an American billionaire businessman and one of the most powerful men in the financial world.
He is the Founder, Chairman and CEO of BlackRock, the world’s largest investment firm which manages more than US$10 trillion in assets.
Fink sits on the Board of TrusteesSEE URL: https://www.weforum.org/press/2020/09/world-economic-forum-appoints-new-members-to-board-of-trustees-3b4f679708 of the World Economic Forum.
Not one to shy away from elite circles, Fink is also a Board MemberSEE URL: https://www.cfr.org/bio/laurence-d-fink of the Council on Foreign Relations and a member of Kappa Beta Phi, a secret society made up of high-ranking financial executives.
He is a lifelong supporter of the Democrat Party.
Fink began his career on Wall Street working for investment bank First Boston where he was successful until 1986, when his department lost US$100 millionSEE URL: https://www.vanityfair.com/news/2010/04/fink-201004 on Fink’s incorrect prediction about interest rates.
Two years later, he founded BlackRock, which has since assumed such enormous power over the global financial system that it has been called “the world’s largest shadow bank”SEE URL: https://www.economist.com/news/special-report/21601621-banks-retreat-wake-financial-crisis-shadow-banks-are-taking-growing.
One senior bank executive has described it as “almost a shadow government”.
In 2021, BlackRock drew the ire of Americans with news that it was buying up US residential propertySEE URL: https://slate.com/business/2021/06/blackrock-invitation-houses-investment-firms-real-estate.html at a time when middle America was already struggling to recover from the COVID mania-induced economic downturn.
This wasn’t the first time Larry Fink has capitalised on the financial woes of the middle class.
According to Business InsiderSEE URL: https://www.businessinsider.com/how-larry-fink-ricocheted-to-wall-street-success-in-the-shadows-2012-4#fink-is-credited-with-helping-develop-the-subprime-mortgage-market-2 and CNN,SEE URL: https://money.cnn.com/2008/10/28/magazines/fortune/blackrock_brooker.fortune/index.htm Larry Fink is one of the masterminds behind the subprime mortgage market, which was considered an incredible innovation until it spiralled out of control, causing the 2008 Global Financial Crisis (GFC).
In a twist of irony, the US Federal Government hired BlackRock as an adviser during the GFC bank bailouts, meaning that Fink capitalised on both ends of the crisis.
BlackRock has been awarded lucrative government contracts without competitive bidding.
Questions over conflict of interestSEE URL: http://www.vanityfair.com/business/features/2010/04/fink-201004 have long haunted Fink, given his close ties to senior government officials.
Owing to those contracts, BlackRock has a privileged view into a broad swathe of financial markets, leading to further suspicions about BlackRock’s ethical integrity.
True to World Economic Forum dogma, Larry Fink is an advocate of “corporate socialism” and “stakeholder capitalism” — management concepts that prioritise woke social policies over shareholder profits.
(Editor’s note: The term “stakeholder capitalism” is also code for having corporations such as BlackRock act like tyrannical governments, setting behavioural requirements for their captive customers.)
He is an outspoken proponent of ESG (Environmental, Social, Governance) standards and diversity hiring targets, both of which he has employed at BlackRock.
Fink has publicly praisedSEE URL: https://www.wsj.com/articles/china-has-one-powerful-friend-left-in-the-u-s-wall-street-11606924454 the Chinese Communist Party regime, and his company has invested in surveillance companies used by the Chinese military.SEE URL: https://media.defense.gov/2021/Jun/03/2002734519/-1/-1/0/ENTITIES-IDENTIFIED-AS-CHINESE-MILITARY-COMPANIES-OPERATING-IN-THE-US.PDF
This has drawn the ire of advocacy group Consumers’ Research which has set up campaign websites dedicated to exposing the agenda of Fink and his company, including www.whoislarryfink.com and https://blackrockloveschina.com
In Fink’s own words,SEE URL: https://www.foxbusiness.com/business-leaders/blackrocks-larry-fink-rattles-employees-amid-political-posturing “[I am] a globalist and I’m proud of it.”
4CM DISCLAIMER: in publishing this DOES NOT MEAN 4CM is VERIFYING the VERACITY OF THE CONTENT. We are just making you aware of Data. That has been Dropped on the net. to enable facilitate healthy investigations of the truth, which our reader/viewers maybe pursuing
ORIGINAL SOURCE: Date-stamped: 2022 JUL 25 - Author: Kurt Mahlburg - Article Title: Davos disciple: Blackrock's Larry Fink - Article Link 01: nationfirst.substack.com
ORIGINAL SOURCE: Date-stamped: 2022 JUL 21 - Author: George Christensen - Article Title: These 3 corporations could own EVERYTHING! - Article Link 02: nationfirst.substack.com
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