[Tolerance Sucks Rocks]

PING!

[EEGator]

ESG = Corporate Fiduciary Negligence

[ETCM]

Blackrock has also been investing large sums ($120B) in the residential real estate market. Much of this investment during a bubble. And now we have rising interest rates, falling real estate prices and inflation. I’d be divesting from Blackrock too...

[crusty old prospector]

Louisiana did the other day as well.

[crusty old prospector]

And never trust a company run by a Fink.

[WMarshal]

Blackrock is about to get its arse handed to it in the real estate crash.

[Jess Kitting]

As Florida’s chief financial officer, it’s my responsibility to get the best returns possible for taxpayers.

So states can invest taxpayers' funds in private companies?

I didn't know that.

Sounds like a risky game and a recipe for corruption.

Here's an idea: Why not invest taxpayer dollars in things that will really help people in the state--or here's a better idea--if there is so much money left over, refund the taxes and let citizens invest them themselves.