The Top Malevolent Companies Worldwide: BlackStone vs BlackRock

Upgrade the way you learn with Brilliant! To get started for FREE go to Sign up for my newsletter 👈 ----- Blackrock and Blackstone are finance companies that control trillions of dollars worth of assets between them. There is a good chance that some of your money is controlled by one of these companies without you even knowing about it. Blackrock was one of the largest investors in the ill fated FTX and Blackstone has been blamed for single handily causing the housing affordability crisis. But how do these companies actually work and are they really the most evil businesses in the world? Well no… sorry to ruin the fun, but if you remove the ominous sounding background music and carefully selected headlines, these are just regular investment firms like any other, not bad, not terrible. But I think the best way for you to realise this is to get a clear breakdown of how these companies operate. So it’s time to learn How Money Works to find out how these companies make their money, and who they answer to, so that you can make up your own mind. ----- #blackrock #finance #howmoneyworks Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact sponsors@worksmedia.group All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind....(read more)

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The world of business and commerce is packed with companies of all sizes and industries, many of which contribute positively to society and promote ethical practices. However, there are some notorious names that have gained a reputation for their questionable activities and unethical behavior. Two such companies often mentioned in conversations about the most evil companies in the world are BlackStone and BlackRock. Let's delve into the sinister side of these corporate giants. BlackStone and BlackRock are both financial institutions operating in the investment management sector. BlackStone, founded in 1985, specializes in private equity, real estate, and alternative investments, while BlackRock, established a decade later, is primarily focused on asset management, including exchange-traded funds (ETFs) and fixed income investments. Despite their differences, both companies have been associated with controversies and actions that have led to their inclusion on the infamous list of evil companies. BlackStone, led by co-founder and CEO Stephen Schwarzman, has faced criticism for its involvement in predatory lending practices and the housing market collapse of 2008. The company was accused of profiting from the misery of millions of homeowners who lost their properties due to subprime mortgage foreclosures. BlackStone purchased numerous residential properties at rock-bottom prices during the financial crisis, benefiting from the misfortune of others. Another point of contention is the company's questionable labor practices. Critics argue that BlackStone squeezes profits out of its investments by cutting jobs, outsourcing work, and driving down wages and benefits for employees. In essence, it is accused of prioritizing profits over the well-being of workers. BlackRock, the world's largest asset manager, is no stranger to controversy either. The company's questionable practices include investing in industries known for their negative impact on the environment, such as coal mining and deforestation. BlackRock has been accused of contributing to climate change and prioritizing short-term profits over long-term sustainability. Moreover, BlackRock has been called out for its strong and extensive corporate influence. It holds significant ownership stakes in numerous large corporations, giving it considerable power to shape decision-making processes within those companies. Critics argue that this concentration of power in the hands of a few can lead to corporate greed, lack of accountability, and a disregard for social and environmental responsibilities. Both BlackStone and BlackRock have been accused of prioritizing their own financial gains over the welfare of the communities they operate in. Critics argue that their actions contribute to societal inequality, environmental degradation, and the erosion of workers' rights. It is worth noting that these claims against BlackStone and BlackRock are based on evidence and public perception, and there are varying opinions on the matter. However, their inclusion on the list of the most evil companies in the world underscores the importance of ethical conduct and accountability in the corporate sector. When it comes to investing or engaging with companies, it is crucial for individuals and organizations to carefully consider the practices and values these entities embody. Consumers and shareholders have the power to hold companies accountable through their purchasing decisions and by demanding greater transparency and responsible practices. The world needs businesses that prioritize social, environmental, and ethical considerations, aiming not just for profitability but also long-term sustainability. By supporting companies that embody these values, we can contribute to a more equitable and responsible business landscape. https://inflationprotection.org/the-top-malevolent-companies-worldwide-blackstone-vs-blackrock/?feed_id=140302&_unique_id=65146b11388c4 #Inflation #Retirement #GoldIRA #Wealth #Investing #AlternativeAssets #blackrockftx #blackrock #blackrocketf #blackrockftx #blackrockindexfund #blackrockvanguard #blackstone #blackstonegroup #blackstonerealestatefund #blackstonevsblackrock #business #ETF #Exchangetradedfund #Finance #howbigisblackrock #howbigisblackstone #howmoneyworks #howtoinvest #indexfund #PrivateEquity #stevenschwarzman #whatdoesblackrockdo #whatdoesblackstonedo #whatisthedifferencebetweenblackstoneandblackrock #VanguardIRA #AlternativeAssets #blackrockftx #blackrock #blackrocketf #blackrockftx #blackrockindexfund #blackrockvanguard #blackstone #blackstonegroup #blackstonerealestatefund #blackstonevsblackrock #business #ETF #Exchangetradedfund #Finance #howbigisblackrock #howbigisblackstone #howmoneyworks #howtoinvest #indexfund #PrivateEquity #stevenschwarzman #whatdoesblackrockdo #whatdoesblackstonedo #whatisthedifferencebetweenblackstoneandblackrock