This Man Controls EVERYTHING: BlackRock

Summary

This video script delves into the rise of BlackRock and its founder Larry Fink, portraying them as a powerful force in global finance. It suggests that BlackRock's influence extends to media, governments, and major corporations, with Fink's strategic moves shaping economies. The narrative raises questions about the unchecked ambition and potential ethical implications of such dominance, presenting a cautionary tale of power and wealth accumulation.

Takeaways

• 🌍 Black Rock's Influence: The script discusses Black Rock's significant influence in global finance, with assets that surpass the GDP of the United States and control over major banks and stock exchanges.
• 🏦 Asset Management Titan: Black Rock is portrayed as a titan in the world of asset management, capable of triggering a global recession and setting major global trends.
• 💡 Aladdin Software: The development of Aladdin, a technology to assess risk and calculate derivative investments, is highlighted as a key factor in Black Rock's success.
• 📈 Market Stability: The company's ability to navigate and provide stability during financial crises, such as the 2008 Great Recession, has solidified its reputation as a financial powerhouse.
• 💼 Larry Fink's Journey: The script outlines Larry Fink's rise from a humble background to becoming one of the most powerful people in the world through his strategic business moves.
• 🏢 Black Rock's Founding: The company was founded by Larry Fink and seven others, leveraging connections and innovative technology to quickly grow in value.
• 📊 Growth and Expansion: Black Rock's growth from managing $5 million to assets worth over $22 trillion is emphasized, showcasing its rapid expansion and dominance.
• 🔄 Crisis Capitalization: The script suggests that Black Rock not only weathered financial crises but also capitalized on them to grow and increase its influence.
• 🌐 Global Media Control: It is claimed that Black Rock controls a significant portion of the global media, shaping public perception and information dissemination.
• 🏠 Real Estate Investments: The company's aggressive buying of real estate and its impact on housing prices and rental markets are mentioned as a form of economic control.
• 🤝 Government and Institutional Ties: Black Rock's close ties with governments and institutions, including advising on investment strategies during crises, are highlighted.

Q & A

What significant event coincided with the Russian invasion of Ukraine in late February?

The stock prices of the biggest US weapons manufacturers spiked at the same time as the Russian invasion of Ukraine in late February.

What is the approximate asset control of Black Rock, State Street, and Vanguard combined?

Black Rock, State Street, and Vanguard control approximately $22 trillion in assets, which is roughly equivalent to the entire gross domestic product of the United States.

What is the Aladdin software, and how does it benefit Black Rock?

Aladdin is a technology developed by Black Rock to assess liability debt and calculate derivative investments. It collects data from investors and uses it to sharpen predictions about market trends, giving Black Rock a competitive edge.

How did Larry Fink's early life and education influence his career path?

Larry Fink was born into a Jewish family in Los Angeles, with a mother who was a teacher and a father who ran a shoe store. His dislike for studying textbooks led him to be more interested in his father's business, which influenced his later career in trading and asset management.

What was the pivotal moment that led Larry Fink to establish Black Rock?

After losing $100 million due to an incorrect prediction about US interest rates, Larry Fink realized the limitations of working for someone else and decided to quit his job to start his own company, which led to the creation of Black Rock.

How did Black Rock manage to grow its assets to $8 billion within five years of its establishment?

Black Rock's growth was attributed to Larry Fink's reliable past, the use of Aladdin software, and continuous advancements like pioneering pension programs.

What was the role of Black Rock during the 2008 financial crisis?

During the 2008 financial crisis, Black Rock emerged stronger by weathering the storm and positioning itself as a safe haven for investors, including the government, which turned to it for help.

How did Black Rock adapt to the COVID-19 pandemic?

Black Rock adapted to the COVID-19 pandemic by transitioning 95% of its 16,000 employees to work from home, ensuring continuity in serving clients and managing investments without performance impact.

Outlines

00:00

🌐 The Rise of BlackRock and Larry Fink's Influence

This paragraph discusses the significant role of BlackRock and its CEO, Larry Fink, in global finance and politics. It suggests that BlackRock's influence is so pervasive that it can affect stock prices, media, and even government decisions. Larry Fink's journey from a humble beginning to becoming a major figure in finance is outlined, highlighting his academic background, early career failures, and eventual success in the financial sector. The paragraph also introduces the Aladdin software, a key tool developed by BlackRock for risk management and market trend prediction, which has contributed to the company's exponential growth and dominance.

05:00

🚀 Larry Fink's Strategic Advancements and BlackRock's Expansion

The second paragraph delves into Larry Fink's rise within the corporate world, his strategic moves at First Boston, and the establishment of BlackRock. It details how Fink's innovative approach to risk management and the development of the Aladdin software allowed BlackRock to grow rapidly. The narrative includes the challenges Fink faced, such as a significant financial loss due to an incorrect market prediction, and how he overcame them. The paragraph also covers BlackRock's initial funding, its public listing, and how it navigated through economic crises, emerging stronger and gaining a reputation for stability and reliability.

10:02

🏦 BlackRock's Resilience During Economic Turmoils

This section highlights BlackRock's ability to not only survive but thrive during economic downturns, such as the 2008 financial crisis. It describes how Larry Fink's foresight and the company's risk management strategies allowed them to provide stability and security to investors during these challenging times. The paragraph also discusses BlackRock's role in the government's response to the financial crisis, its acquisition of Barclays Global Investors, and its continued growth and innovation under Fink's leadership, including the launch of the iShares Core, which offered broad market exposure to investors.

15:04

🌍 BlackRock's Global Dominance and Ethical Concerns

The fourth paragraph examines BlackRock's global influence, its vast portfolio of holdings, and the ethical implications of its unchecked power. It raises concerns about the company's potential to manipulate markets and governments due to its ownership of a significant portion of the world's media and its control over vast assets. The narrative also touches on BlackRock's response to the COVID-19 pandemic, its ability to adapt and maintain operations remotely, and its role in safeguarding investments during the crisis. The paragraph concludes by discussing the potential risks of such concentrated power and the need for scrutiny and oversight.

20:05

📉 A Cautionary Tale of Unchecked Ambition and Power

The final paragraph summarizes the story of BlackRock and Larry Fink as a remarkable tale of financial success but also as a cautionary example of the dangers of unchecked ambition and power. It emphasizes the importance of ethical considerations in the pursuit of wealth and influence. The paragraph concludes by inviting viewers to explore more about the trading industry and to follow for updates, highlighting the ongoing relevance and impact of BlackRock's actions in the world of finance.

Keywords

💡Russian invasion

The term 'Russian invasion' refers to the military incursion by Russia into Ukraine, which began in late February 2022. In the context of the video, it is mentioned alongside the unusual spike in stock prices of US weapons manufacturers, suggesting a possible correlation between geopolitical events and financial markets.

💡Asset Management

Asset management is the professional management of various forms of real or financial assets, such as stocks, bonds, or real estate. The video discusses BlackRock, a titan in the world of asset management, which has a significant influence on global financial markets and economies.

💡Climate cartel

The term 'climate cartel' in the script seems to refer to a group or alliance that has significant control over climate-related policies and actions, possibly through financial or political influence. It is mentioned in the context of collusion with BlackRock and other entities, indicating a potential concentration of power in shaping climate action.

💡Communism

Communism is a political ideology that advocates for a classless society where the means of production are owned and controlled by the community as a whole. In the script, the term is used to criticize BlackRock's actions of buying up houses and receiving government money, suggesting a perceived overreach of government or corporate control over private property.

💡Global recession

A global recession refers to a decline in economic activity that is widespread across the world, typically affecting multiple countries and markets. The video suggests that BlackRock's actions and influence are so significant that they could potentially trigger a global recession, highlighting the company's immense power in the financial sector.

💡Illuminati

The Illuminati is often referred to as a secret society that supposedly controls world events. Although its existence is debated, the video uses the term to draw a parallel with BlackRock's real and significant influence over global affairs, suggesting a hidden but powerful control mechanism.

💡Larry Fink

Larry Fink is the founder and CEO of BlackRock and is portrayed in the video as one of the most powerful people on the planet. His journey from a humble background to becoming a financial titan is highlighted, emphasizing his strategic intellect and the influence he wields in the global financial landscape.

💡Aladdin

Aladdin, in the context of the video, refers to a sophisticated risk management and portfolio construction software developed by BlackRock. It is a key differentiator for the company, allowing it to manage and predict market trends effectively, which is a significant factor in BlackRock's success and dominance.

💡Financial crisis of 2008

The financial crisis of 2008 was a severe worldwide economic downturn that began in the United States and quickly spread globally. The video discusses how BlackRock navigated this crisis, positioning itself as a stable and reliable option for investors, which further solidified its reputation and influence in the financial world.

💡Pandemic

The term 'pandemic' in the script refers to the COVID-19 outbreak that began in 2020. It is used to illustrate BlackRock's adaptability and resilience in the face of unprecedented challenges, as the company successfully transitioned to remote work and continued to operate effectively, maintaining its status as a financial powerhouse.

💡Media control

Media control refers to the influence or power over the content and narrative presented in various forms of media. The video claims that BlackRock controls a significant portion of global media, which allows it to shape public perception and maintain its image and influence without scrutiny.

Highlights

Russian invasion of Ukraine coincided with a spike in US weapons manufacturers' stock prices.

BlackRock, State Street, and Vanguard control assets equivalent to the US GDP.

Larry Fink and BlackRock are accused of creating a climate cartel through collusion with climate action partnerships.

BlackRock's alleged involvement in communism through buying houses and receiving government funds.

BlackRock's significant influence over global media and major banks, potentially triggering a global recession.

Larry Fink's journey from a small businessman's son to becoming one of the world's most powerful people.

Larry Fink's initial failures in real estate and his pivot to mortgage-backed securities trading.

Larry's rise at First Boston and the development of the Aladdin software for risk management and market prediction.

BlackRock's exponential growth from $5 million to $8 billion in five years, thanks to Aladdin and Larry's leadership.

The strategic move to reduce Blackstone's ownership in BlackRock and gain independence.

BlackRock's public listing and its role as a stable option during the 2000 dot-com bubble burst.

Larry Fink's prediction and preparation for the 2008 financial crisis, positioning BlackRock as a safe haven.

BlackRock's acquisition of Barclays Global Investors and becoming the largest money management firm.

Adaptation to the COVID-19 pandemic by transitioning employees to work from home and maintaining operations.

BlackRock's portfolio includes major global corporations and its influence on global trends and cultures.

Ethical concerns regarding BlackRock's unchecked power and potential manipulation of markets and media.

Larry Fink's strategic operation behind the scenes and the potential for triggering future crises for profit.

The cautionary tale of BlackRock's unchecked ambition and the importance of ethical considerations in finance.

Transcripts

as Russian troops poured across

Ukraine's border kicking off the Russian

invasion in late February something else

was happening at the same time the stock

prices of the biggest Us weapons

manufacturers spiked Black Rock State

Street and Vanguard control $22 trillion

in assets which is roughly the

equivalent of the entire gross domestic

product of the United States of America

Larry fank and black rock have done in

part uh through collusion with this

climate action partnership is

essentially create a climate cartel

black rock is buying up houses and

they're getting money from the

government this is

communism Black Rock stands as a Titan

in the world of asset management and is

capable of singlehandedly triggering

global recession and I'm not

exaggerating one bit with a firm grip on

the reign of major banks in the United

States and an oversight of nearly 10% of

the world stock exchanges black rocks

reach extends far and wide black rock

even sets the major Global Trends

because it holds over a whopping 90% of

the global media including newspaper TV

channels and social media as if that is

not enough it even manipulates the

decision making of the world's biggest

governments which includes literal

superpowers like the United States and

China Black Rock has assets surpassing a

staggering 10 trillion us which is more

more than 10% of the entire world's

total GDP it is headquartered in America

with 78 offices across 38 different

countries spread across the globe and

caters to clients in over 100 countries

while the existence of the Illuminati is

still a topic of debate black Rock's

puppet Mastery and strangle hold on

global Affairs is a hard fact based

reality it is by far the most Twisted

business in the world and no one even

knows about it over only three decades

black Rock's founder Larry thinkink

managed to orchestrate and implant his

influence into every important sector of

the world which simply put means that he

is possibly one of the most powerful

people on the planet right now this

video is the Untold Truth of The

Mastermind behind this evil business and

how he did so much without anyone

raising a single finger toward him

Larry F's Journey began on November 2nd

1952 in the vibrant city of Los Angeles

where he was born into a Jewish Family

Larry's mother nurtured mindes as a

teacher and his father worked as a small

businessman running an ordinary shoe

store Larry found studying textbooks

repulsive so he lent more towards his

father's business spending countless

hours in the hustle and bustle of the

store despite his dis like for Academia

and how much he avoided College he still

somehow managed to navigate the academic

landscape and completed his degree in

political science from UCLA in 1974 he

had no plans to pursue that career

further and his heart was elsewhere

until a chance encounter altered the

course of his life forever it all

changed when he randomly decided to

attend a real estate seminar attending

that seminar spark the decid within him

and after it Larry was certain of one

thing he wanted to make money and a huge

ton of it determined to turn this

passion into reality Larry pursued

further studies in real estate entering

the real estate market proved

challenging came with failures little

did he know these failures would pave

the wave for his Ascent to Greatness

after Larry had found no success in the

real estate market he decided to shift

his Focus towards doct trading which

became his career path Larry along with

his girlfriend who later became his wife

went straight to Wall Street the only

place that could fill Larry's thirst for

money he entered the space and opted to

work for the biggest firm at that time

Goldman Sachs but he failed once again

this time at the early stage during the

interview process in retrospect this

setback was a blessing in disguise he

admitted that if he had gotten a job at

Gordman Sachs then he wouldn't have

achieved all that he now has in

1976 Larry finally got his first job at

first Boston a New York based Investment

Bank where he started as one of the

first mortgage back security Traders but

it did not take long for the film owners

to notice Larry's talent and ambitions

he combined his immense Talent with his

intricate knowledge of trading and ended

up Landing some shockingly successful

trades which left a firm with no choice

but to make him the manager of their Bor

Department within 2 years when Larry

became the head of the department he

began establishing strong relations with

powerful people within the company and

soon he progressed up the corporate

ladder he would predict accurate Trends

and get promoted from a member of the

management committee Larry became the

managing director and co-head of the

taxable fixed income division he also

started the financial Futures and

options department and headed the

mortgage and real estate products group

in the critical moment when the CEO's

chair seemed almost within Larry's reach

he stumbled upon on a Monumental mistake

that cast's meticulously buil reputation

into disarray in 1987 the US government

dropped the interest rate by by

22% which was totally opposite to what

Larry proposed would happen and due to

his incorrect prediction his deartment

lost a100 million us the firm lost all

their confidence in Larry and his

colleagues became skeptical of

everything he had previously said and

raised questions about his understanding

of the mark and even though Larry had

increased first Boston's overall assets

by $1 billion the instant loss of $100

million prevent him from becoming the

CEO which made Larry reconsider his

career ideology this incident was the

final piece of the puzzle it finally

made him realize that as long as he's

working for someone else he would never

get true security power and ownership he

then decided to quit his job and now had

sufficient experience to go anywhere he

wanted but he had made up his mind to

start his own company that would invest

other clients money while also incorp

operating comprehensive risk management

this led to the creation of the biggest

revolution in the history of trading

black

Ro following his resignation Larry

wasted no time in leveraging the

valuable connections he had made during

his time at first boss in 1988 fueled by

his vision and joined by seven

like-minded individuals Larry co-founded

Black Rock now the only thing required

was investors which was not a hard task

to gather for someone like Larry who had

proved himself to be a reliable Trader

in the market so he rang another few of

his contacts and managed to get two big

names from a company named Blackstone to

invest in this idea Blackstone bought

50% of the company's shares for $5

million and also provided workspace for

the Black Rock employees one notable

thing that Larry did differently from

any other company at that time which was

learning from his previous failure this

led him to develop technology to assess

liability debt and calculate derivative

investment which is also known as

Aladdin Aladdin collects data from

everyone who has directly indirectly

knowingly or unknowingly ever invested

money in PL Rock the company then uses

this data to further sharpen its

prediction about market trends this

development catapulted Larry ahead of

everyone else and within one year the

company's value skyrocketed fourfold

soaring to a staggering $2.7 billion

this is when Larry officially named his

company and by the end of the year Black

Rock started managing assets with a

jawdropping worth of $17 billion but

Larry's Ambitions knew no bounds and

over the next 5 years black Rock's value

ser surch from a modest $5 million to an

astonishing $8 billion all thanks to

Larry's reliable past his use of Aladdin

software and continuous advancements

like pioneering pension programs Larry

still faced one problem that needed to

be resolved if he wanted to become the

all power it was blackstone's ownership

of his firm which was roughly around 60%

in order to nullify their hold Larry

used to reward his employees with shares

instead of raw money which lessen

blackstone's hold and obviously

Blackstone did not like that at first

Blackstone refused to allow Black Rock

access to their trademark prefix black

but Larry being an incredibly clever man

convinced them by saying that both

companies would benefit from the

indirect endorsement of each other in

1994 Blackstone let go of their

ownership giving Black Rock the freedom

to grow without legal trouble Larry took

over as CEO and things really took off

from there Black Rock went public on the

stock market and its value shot up to

$900 Million by 1999 they were managing

a massive $165 billion US in asset then

in 2000 when a com Bubble Burst and

everyone was panicking Black Rock stood

strong as one of the stable and reliable

option this brought in more Investments

and even more growth and it wasn't the

only time they turned cry into profit

when the world was hit by the Great

Recession in 2008 black rock emerged

even stronger they weathered the storm

and came out on top proving their metal

once again in times of trouble Black

Rock has always been there to offer

stability and security earning them a

reputation as a true Powerhouse in the

financial

world the 2008 crisis stands as a

Monumental disaster unmatched since the

dark days of the 1930s Great Depression

it blindsided the market catching

everyone off guard everyone except one

Visionary Larry fing at the heart of the

catastrophe was The Reckless practice of

doing out mortgages to individuals who

simply couldn't afford them sending the

risk meter off the charts predictably

when these borrows defaulted The

Dominoes began to fall but that was just

the tip of the iceberg simultaneously a

dangerous game of risk-taking unfolded

among financial institutions pushing the

boundaries to dangerous extremes the

crisis led to the borderline collapse of

several major financial institutions

including Leman Brothers Bear Sterns and

AIG causing the unemployment rate to

rise by

25% in an attempt to save the market

Central Bank Banks lowered interest

rates and injected liquidity into the

banking system but that was not enough

there was one missing piece of the

puzzle Black Rock in the midst of all

this chaos Black Rock stood tall

undisturbed all because Larry predicted

this dip and had made preparations for

it his firm used risk management and

portfolio construction to navigate the

turbulent market and position its client

portfolios for long-term growth Black

Rock was a safe haven and everyone

including the government turned toward

it for help the company capitalized on

the opportunity and used Aladdin to

direct other firms shares while advising

the US government and institutional

investors on investment strategies and

asset allocation decisions in short

Larry was hired to be the manager of

Washington's bailout of Wall Street his

insights restored investors confidence

in financial markets and helped the

government to save the economy this all

led him to become the most important man

in the post recession era in December

2009 Black Rock purchased barkless

Global Investors which increased its

International presence and made black

rock the largest money management firm

in the world too this attracted more

clients because Black Rock was offering

a wide range of Solutions in one place

despite black Rock's unrivaled status

Larry thir for greatness remain

unquenched with each strategic maneuver

Larry solidified his position as a true

Titan of Industry driven by an

unyielding hunger for Success later in

2012 Black Rock launched a share's core

offering investors broad stock and bond

market exposure in a lowcost and tax

efficient manner which further expanded

his Empire he sensed the potential to

ascend even higher to reach for

something truly Monumental and then the

covid-19 pandemic emerged as the

Catalyst for the most audacious move

yet the pandemic took place in 2020

which posed various unprecedented

challenges for everyone but not Black

Rock although Larry did not predict the

biological outbreak he was still able to

adapt to the new atmosphere pretty

quickly Black Rock swiftly adapted to

the pandemic by transitioning 95% of its

16,000 employees to work from home this

did not impact their performance in the

slightest due to the robust technology

infrastructure particularly The Aladdin

platform which facilitated seamless

operations across Global offices the

ability to operate remotely ensured

continuity in serving clients and

managing ing Investments while everyone

else struggled once again in a time of

Crisis the government turned to Larry

think and black rock to safeguard their

Investments amidst the chaos of the

pandemic however as with any partnership

there was a price to pay in this

instance it was the exponential rise in

the National and Global influence of

blackr the extreme level of stability

has given everyone the confidence to

invest blly in the this firm All by

Black Rock itself continues to buy

shares all over the planet and right now

it has become the sole parent company of

various Global Brands almost all the

local products indirectly fall under the

umbrella of a few big companies that

hold ownership of hundreds of different

businesses and all these big companies

fall under the umbrella of Black Rock

which holds ownership of thousands to

put black Rock's sheer magnitude into

perspec perspective the company's

portfolio consists of

5,349 Holdings which includes the

world's biggest corporations like Google

Facebook Apple Microsoft X Amazon and

Tesla and it's just the tip of the

iceberg black rock also manipulates

Global Trends and cultures because

Aladdin holds such a large amount of

data that it can use it to interfere

with various companies decisions and in

Nations where comp companies hold

significant value Black Rock can even

influence literal governments the growth

of black Rock's Aladdin software has

been nothing short of extraordinary

expanding exponentially to monitor

assets exceeding a staggering 22

trillion us to put this into perspective

it surpasses the entire GDP of the

United States the company is currently

buying as much real estate and land as

possible which increases the price this

causes people to rent the land and when

they do not own it they are left

circling in the endless cycle of paying

rent off an artificially inflated area

all of this is immoral but Black Rock

owns so much that no one can object

against it because chances are the

company owns them too one classic

example is when Black Rock lobbied to

get a contract to advise the EU on

environmental rules for banks upon

investigation it was discovered that

black rock owned stakes in the bank it

should have been regulating the company

has become so strong that it does not

fear anything or anyone it is even

working with organizations that United

States Blacklist like hick Vision this

Chinese company is universally looked

down upon because of its human rights

violations and privacy intrusions this

company comp records information about

innocent civilizations and uses it for

scrutiny by forwarding it to the state

and the military what's worse is that

dis investment is not even black Rock's

own money it includes Pension funds and

clients deposited money in Banks which

is indirectly collected by Black Rock so

people are funding blacklisted and

corrupt companies without even knowing

out black Rock's existence the general

public is in the dark about all of this

and that's again because Black Rock owns

almost 90% of all the global media so

every news that ever goes public is

always filtered through Black Rock the

general public is in the dark about all

of this and that's again because Black

Rock owns almost 90% of all the global

media Larry think strategically operates

behind the scenes spreading his

influence without seeking publicity his

understanding of power dynamics allows

him to shape markets and economies

discreet avoiding the spotlight while

maximizing his impact his influence and

growth do not seem to stop anytime soon

if anything he's getting closer to

becoming the sole director of world

affairs as a company that is not afraid

of any superpower because everyone

depends on it for their growth and

stability black rock is free to do

whatever it pleases without facing any

consequences Larry think has extracted

profits from crisis and being a person

who can do absolutely anything to gain

more power and money it is very possible

that he deliberately triggers more

catastrophes in the future especially

when he has the power to do so Larry

story is a masterclass on trading

intellect and Investments while

simultaneously being an example of

caution against corrupt by power and the

unethical implications of unchecked

Ambitions for anyone who strives to

become

rich in conclusion black Rock's Ascent

to Global dominance under the

stewardship of Larry think is nothing

short of remarkable with its vast assets

and paralleled influence and strategic

Mastery black rock op Ates as a shadowy

force shaping the very fabric of our

world however behind its facade of

stability lies a darker truth a truth

obscured by its strangle hold on media

and unchecked ambition Larry f story

serves as both a testment to financial

expertise and a cautionary tale against

the unchecked pursuit of power as Black

Rock continues to exert its influence

the ethical implications of its actions

remain ever more pressing if you like

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