• halcyoncmdr@lemmy.world
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    4 days ago

    Fiduciary responsibility does not mean companies are required to do every subhuman thing possible to maximize profits at all cost. That is what BlackRock expects because that’s exactly what they would do.

    • GiuseppeAndTheYeti@midwest.social
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      4 days ago

      Larry Fink. Wikipedia says he’s a lifelong supporter of the Democratic party, so I’m going to assume that means the Chuck Schumer democratic party and not like the Sanders/Ocasio-Cortez democratic party. Maybe some Hercules type fella could come along and start taking care of a few heads of that particular Hydra.

  • Whats_a_lemmy@ponder.cat
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    3 days ago

    Everybody keeps reporting this, but I’ve yet to see BlackRock named in any reliable sources about the lawsuit? Everybody keeps linking to this medium piece.

    Not that I would be surprised …