, 12 tweets, 12 min read
Jetzt #Schattenmacht #BlackRock im #ZDF.
Um 00:45 morgens.
Werden sicher wenige sehen.
#Merz & die 1% wird es freuen!
2. #BlackRock currently has just under US$7 trillion under management & with #Vanguard they control two thirds of all #ETFs.

Now if BlackRock decides to sell a bigger share because the market turns you can quickly get a "run for the exit", A RUN!

#Markets #Stocks #Merz
3. #BlackRock has major shareholdings in many of the global Top 500 companies.

In Germany BlackRock is a major shareholder in ALL #DAX-companies!

#Stocks #Markets #Merz #CDU
4. This means that #BlackRock holds much more power than ANY #bank, but it is not controlled like a bank. Less control however means more risk - More risk with a US$7 trillion asset company!

5. #Aladdin (Asset, Liability, Debt and Derivative Investment Network) the network that analyses all public statements, from banks to politicians, even THIS tweet (if it deals with finance topics) is used to invest US$18 trillion in investments.

6. To make it more real: The $18 trillion managed via #Aladdin equals roughly 7% of the world's financial assets and keeps track of about 30,000 investment portfolios globally.

Now imagine #Aladdin has a glitch or is hacked!

7. #Aladdin was even used to decide whether #CitiGroup should be saved by the US government or not.

#BlackRock also advises many of the top companies: They claim "Chinese walls" prevent that this information is shared with the #investment-business.
8. Case in point #BlackRock
- looked at the books of Greek #banks in 2015
- subsequently bought large amounts of Greek #bonds (deemed worthless)
- soon thereafter Greece received billions from the #ECB and
- Voila, BlackRock made a killing on the bonds.

#ChineseWalls? 🤔
9. And who advised the #ECB?
- To get #Greece into the #EURO #GoldmanSachs was key
- They also played a part in keeping Greece in.
- Would be interesting to know if #BlackRock advised the ECB or an entity close to them!
10. As with #GoldmanSachs, #BlackRock often hires top people from former or even future clients (from #banks to governments) & former BlackRock-employees join BlackRock-clients. That's where "captive thinking"(like other "Rockies") kicks in!
11. And Friedrch #Merz, top player in the #CDU, who wants to be the next #Bundeskanzler, but is also a BlackRock-partner,talks about Germans needing to invest more money in #stocks to safeguard their #pensions!

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