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HKim0072
China Observer
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Comments by "HKim0072" (@HKim0072) on "Evergrande’s 39 Buildings Scheduled for Demolition on Ocean Flower Island" video.
lol, are you nuts? Blackrock has $9 trillion under management. If they fail, we are in a serious global systemic failure.
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@idrathernot_2 Roch - they are end users and not a bank. They can't create a crisis. They are invested in a wide range of investments all across the world. If they went under, its saying the whole world is going under. edit: Just looked it up. Roughly 1/3 of their AUM (asset under management) is their iShares business which are ETFs. I remember when Blackrock bought the ETF business from Barclays. I worked in the same general area of (one of) their home office. Historically, It's one of the best acquisitions in the financial world ever.
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@jamescollins4500 I think...you have no clue about investing. Blackrock has so much money to manage, they are invested in nearly every financial instrument in the world.
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