Under Fire, BlackRock’s CEO May Be ‘Ashamed’ Of Financial Discrimination, But He’s Not Backing Down

Call it putting lipstick on a pig, rearranging deck chairs on the Titanic, or whatever else. BlackRock CEO Larry Fink isn’t concerned with the actual discriminatory investment strategy his firm executes. Instead, he’s upset the world’s largest investment asset manager is caught up in the growing anti-ESG pushback that’s impacting his bottom line now that Americans are paying more attention to the ruse.

Fink revealed at the Aspen Ideas Festival that he’s “ashamed” to be a part of the ESG “debate.” If you thought he might change the direction of BlackRock’s investment strategies, think again.

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