Monday , March 1 2021
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You suck, Blackrock!

Summary:
Blackrock made a .07% return on TRILLION in assets. That sucks.

Topics:
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Blackrock made a .07% return on $9 TRILLION in assets. That sucks. You suck, Blackrock!
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

20 comments

  1. My sides…

  2. That's 0.7%. I mean it's still very small but 7-tenths vs 7-hundreths is quite a gap.

  3. Are you saying he came after you personally?

  4. Ha! Let em' have it!

  5. Larry Fink has been a Government advisor for awhile now.

  6. So, better fire all the staff and get more on LIBOR ))))))))

  7. Mike what was your % return for 2020 ???

  8. ToHellor Barbados

    Mike, don't be so unforthcoming… say what you really think…

  9. Hey for once I agree with you!

  10. Larry Fink's advice to Joe Biden will be austerity

  11. Right on!! They are criminials to the core. I'm sure they are pocketing earnings in a different mannar and leaving the crumbs for the idiots that dont know better. Guaranteed its a TAX evasion of some sorts!

  12. That percentage on that much money is bigger gains then most investors will ever see or imagine

  13. hmm..but isnt that just their fee for managing funds? (and not return on funds)

  14. Yeah baby. Lol

  15. They could have bought Treasuries lol

  16. but Mike, you need to make money from someone 🙂

  17. Black rock ceo is the biggest schister of the world

  18. hahahahahahahahah well said. Very important update

  19. BlackRock and Larry Fink are leeches of society. They got the contract from the Federal Reserve to manage the Special Purpose Vehicles. So not only did they get paid to manage these vehicles they bailed out their own High Yield Junk bonds (LQD fund). Privatize profits while socializing the loss. They're trash. Where was the news. media, and protests about this? Not their buddies in the media had us aptly preoccupied.

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