March 5, 2011

“markets like totalitarian governments”

And its’ not hyperbole! Don't believe it? Listen to Larry Fink explain why.
Originally from Washingon’s Blog but link to this video.

Fink is one of the most powerful persons financial insiders in the world, and happens to head BlackRock, the largest global investment firm with assets about 3.5 trillion dollars, and which the interviewer twice refers to as “a systematically important institution.” For more on the dirty-rotten-lisping-Fink read this

And just as a side note, there was also some local news.

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