Larry Fink's $12 Trillion Shadow | Vanity Fair - March 2, 2010 |

Though few Americans know his name, Larry Fink may be the most powerful man in the post-bailout economy. His giant BlackRock money-management firm controls or monitors more than $12 trillion worldwide--including the balance sheets of Fannie Mae and Freddie Mac, and the toxic A.I.G. and Bear Stearns assets taken over by the U.S. government last year. How did Fink rebound from a humiliating failure to become the financial fulcrum of Washington and Wall Street? Through a series of interviews, the author probes his role in the crisis, his unique risk-assessment system, and the growing concern he inspires.

"What Larry Fink is doing is taking your shares and my shares and little old ladies who've invested in funds, and he's aggregating that vast amount of capital. He's decided to vote not to maximize returns. He's voting with his politics," says @SenTedCruz. pic.twitter.com/1i9bTLv5GN

— Squawk Box (@SquawkCNBC) May 24, 2022

Billionaire money manager Larry Fink becoming top conservative adversary

Larry Fink is many things -- BlackRock CEO, billionaire, environmentalist, philanthropist, and, increasingly, a major punching bag for some on the right.
Fink has used his influence running the world's largest money manager, which has more than $10 trillion in assets under management, to push for environmental, social, and governance standards and has led the corporate shift away from shareholder capitalism toward stakeholder capitalism.

BlackRock Letter - Texas Attorney General

'Sapere aude'