BlackRock and Vanguard are the biggest investors in private prisons https://amp.cnn.com/cnn/2019/06/28/investing/prison-stocks-mutual-funds/index.html
BlackRock and Vanguard own CoreCivic (company behind Private Prisons) and nearly everything - The Media, The Banking System, Technology and etc. They are pushing the WEForum agenda
https://money.cnn.com/quote/shareholders/shareholders.html?symb=CXW&subView=institutional
BlackRock-owned Mexican prison opens in Coahuila https://www.reuters.com/article/us-mexico-blackrock-prison-idUSKCN1MZ1K5
Lawsuit Claims CoreCivic Allowed Corruption and Gangs to Flourish at Oklahoma Prison https://www.prisonlegalnews.org/news/2018/jan/8/lawsuit-claims-corecivic-allowed-corruption-and-gangs-flourish-oklahoma-prison/
Why Private Prisons Are Damaging to the Correctional System https://amuedge.com/why-private-prisons-are-damaging-to-the-correctional-system/
What would the criminal justice system be like if it was privatized? Could you imagine if, for every arrest an officer made, they got paid? Or if, for every conviction a judge or district attorney won, they received some sort of commission? Under privatization, our justice system would become an “arrest-everyone” and “convict them all” environment driven by the incentive to get paid!
[...]
These private prisons, which are publicly traded on the stock exchange, are making money based on how many inmates they house. The government pays them a stipend, most often based on the number of prisoners they house. These companies need inmates to be in operation, essentially making incarcerated people a required commodity for financial gain.
Private Prisons Have Little Incentive to Rehabilitate Inmates
Our justice system often requires convicted offenders to pay restitution by spending time in a correctional facility. However, the mission of correctional institutions should be to reform and prepare inmates to re-enter society, not just house them while they serve their sentences. I’m not naïve; I have worked in corrections for 14 years and I know how difficult it is to actually reform inmates, but it should always remain the ultimate objective of our correctional system.
Counter to this objective, private prisons do not have incentives to reform or rehabilitate inmates. The longer an inmate stays in a private facility, or the more times they re-offend and return, the more private institutions make off them.
Why “woke” asset managers are still loading up on private prison stock https://www.businessofbusiness.com/amp/articles/why-woke-asset-managers-are-still-loading-up-on-private-prison-stock-corecivic-geo-vanguard-fidelity-blackrock/
When protests over the murder of George Floyd by a Minneapolis police officer roiled the country in May 2020, Fink [wrote] (https://www.linkedin.com/pulse/recent-events-racial-injustice-larry-fink/) that the incident shows “how much work we have to do to build a stronger, more equal, and safer society.”
At the same time, BlackRock is the largest investor in U.S. private prison firm CoreCivic, with a stake of 15.38%. If mass incarceration in general doesn’t sound particularly in line with racial justice — Black Americans are more than five times as likely to be incarcerated as white Americans — profiting from private prisons is worse. CoreCivic and rival GEO Group have faced numerous lawsuits and other accusations of housing people in unsafe conditions, providing abysmal healthcare and food , keeping inmates as long as they can to maximize revenue, and paying staff as little as possible to limit expenses. “It’s Hell,” a Black prisoner who goes by “Abe” told us, describing his experiences at CoreCivic’s Trousdale Turner Correctional Center in Hartsville, Tennessee. Abe, who has also been incarcerated in publicly-managed facilities, said conditions at Trousdale are particularly bad because of understaffing and poorly-trained guards. “People are getting beat up, stabbed,” he says. “It’s out of control. Totally out of control.”
How a Company Called BlackRock Shapes Your News, Your Life, Our Future https://commonreader.wustl.edu/how-a-company-called-blackrock-shapes-your-news-your-life-our-future/
BlackRock and Vanguard are two of the Big Three (/every/ industry is clumping) passive fund asset management firms. The third, State Street, is owned by BlackRock. Whose largest shareholder is Vanguard. Together, BlackRock and Vanguard own:
Eighteen percent of Fox. Sixteen percent of CBS, and therefore also of /Sixty Minutes/. Thirteen percent of Comcast, which owns NBC, MSNBC, CNBC, and the Sky media group. Twelve percent of CNN. Twelve percent of Disney, which owns ABC and /FiveThirtyEight/. Between ten and fourteen percent of Gannett, which owns more than 250 Gannett daily newspapers plus /USA Today/. Ten percent of the Sinclair local television news, which controls seventy-two percent of U.S. households’ local TV. A large unspecified chunk of Graham Media Group, which owns /Slate/ and /Foreign Policy/.
BlackRock Investing In Musicians Through Alignment Artist Capital https://www.forbes.com/sites/natalierobehmed/2015/04/07/blackrock-investing-in-musicians-through-alignment-artist-capital/amp/
Company that Owns All Mainstream Media, COVID Vax Manufacturers Approaches $10 Trillion in Assets http://www.biotechexpressmag.com/company-that-owns-all-mainstream-media-covid-vax-manufacturers-approaches-10-trillion-in-assets/?amp
* BlackRock also owns major shares of Pfizer, AstraZeneca, Moderna, and Johnson & Johnson.
BlackRock Loves China https://blackrockloveschina.com
Larry Fink (BlackRock) - WEForum - Agenda contributor https://www.weforum.org/agenda/authors/larry-fink
The Modern way of Colonization : BlackRock https://www.linkedin.com/pulse/modern-way-colonization-blackrock-prajjwal-nagaich#:~:text=The%20Banking%20and%20Finance%20industry,Wells%20Fargo%20%26%20Co.
BlackRock is either largest or one of largest shareholders in the behemoths of American banking industry namely. JP Morgan Chase and Co. Bank of America Corp. Wells Fargo & Co. Citigroup Inc. US Barn Corp. Truist Financial Corporation. PNC Financial Corporation.
[...]
Ownership in Deutsche Bank, Commerz Bank and even in Postal system in Germany. Holding in Lloyd Bank in UK. There is no country throughout Europe whose Banking sector is 'free from BlackRock'. Largest ownership in 4 major Australian banks. Many of largest insurance companies in world like, AIG, Prudential, MedLife, Allianz, etc are either owned in part by BlackRock or they have their asset get invested by them. BlackRock's vast web of influence and interests varies from its shares in Germany.
UNIQUELY ROCKEFELLER SPECIAL CLIENT EVENT – LARRY FINK https://rcm.rockco.com/insights_item/uniquely-rockefeller-special-client-event-larry-fink/