Which of the following criticisms has BlackRock faced?
All of the above
Investing in fossil fuels
Close ties with the Federal Reserve
Anti-competitive practices
Answer
BlackRock has faced various criticisms, including investing in companies involved in fossil fuels, the arms industry, and human rights violations in China. It has also been criticized for its close ties with the Federal Reserve during the COVID-19 pandemic and for anti-competitive practices due to its significant ownership stakes in many companies.
The BlackRock Brainbuster: How Well Do You Know America's Biggest Investment Management Corporation?
More Questions
How much assets under management did BlackRock have as of December 31, 2022?
How many countries have BlackRock offices?
What is the name of BlackRock's financial risk management services division?
In which year did BlackRock start managing the iShares group of exchange-traded funds?
Which of the following is not a focus area for BlackRock's environmental, social, and corporate governance (ESG) efforts?
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