BlackRock investment form chief Larry Fink has been reported as saying he is “embarrassed” over his constant talk about his firm’s leftist ESG investing policies. But don’t believe the lie that he might be ready to put an end to this leftism. Because he absolutely is not.
You may have heard the story that BlackRock CEO Larry Fink has said he is “ashamed” by the environment, social and governance (ESG) investment criteria debate and argued the term was being “misused by the far left and far right.”
Fink’s comments came during a conversation with the outlet at the Aspen Ideas Festival on Sunday:
WATCH: BlackRock CEO Larry Fink now says he’s “ashamed” of ESG, admits @RonDeSantis “hurt” his firm by pulling $2 billion in assets.
This is a win … but DeSantis is just getting started. pic.twitter.com/Zzq5fUWAdR
— DeSantis War Room 🐊 (@DeSantisWarRoom) June 27, 2023
“When I write these [investment] letters, it was never meant to be a political statement. … They were written to identify longterm issues to our longterm investors,” he said.
But if you think he is going to pull back on these anti-American policies, he absolutely is not.
He’s just not going to TALK about it any more.
“I never said I was ashamed. ‘m not ashamed. I do believe in conscientious capitalism,” he said per Fox News.
“I’m not going to use the word ESG because it’s been misused by the far left and the far right,” he continued. “We talk a lot about decarbonization, we talk a lot about governance … or social issues, if that’s something we need to address.”
Yeah. So, like all left-wingers, he isn’t going to learn a lesson and change his ways.
All he’s really going to do is change the words he’s going to use.
Like all liberals, he’s a liar.Commentary