On Wednesday of this week, on a dreary morning in Manhattan, anti-war protesters gathered to turn up the heat on the world’s most powerful private equity giant, BlackRock. Attendees carried a plethora of signs and chanted a variety of demands, but their main focus was on holding the massive investment company accountable for its controversial activities—mainly investing in the manufacturing of deadly weapons—within the United States as well as around the world.
“OK people, which one of our defense investments looks as if it will not meet our expectations this quarter? Divest from that one and use some of the money to buy some stock in a solar or wind company then use the remaining millions to buy TV ads in east and west coast markets trumpeting our pursuit of green alternatives. In a few months it will be back to work as usual once everyone forgets. Problem solved.”