• halcyoncmdr@lemmy.world
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    9 months 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.

  • Whats_a_lemmy@ponder.cat
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    9 months 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 …