UK Column Radio

Private Governance and the "Power of Twelve"


Listen Later

In this brief podcast, Mark Anderson expounds on the concerns of 19 American Attorneys General (chief law officers of states) who wrote to BlackRock CEO Larry Fink over concerns that the world's top index-fund management companies are becoming too powerful and engineering the world according to a a global agenda and not for the best possible investment returns for US pensions. Out of this analysis emerges serious concerns that "Twelve Emperors"—funds including BlackRock, State Street and Vanguard—could soon rule the world in several key ways, as warned of by Harvard's John Coates and even the Financial Times. Read the write-up at: https://www.ukcolumn.org/article/19-us-attorneys-general-fed-up-with-blackrocks-brazen-efforts-to-function-as-a-private
...more
View all episodesView all episodes
Download on the App Store

UK Column RadioBy Alternate Current Radio