Comments on: Blackrock’s massive Friday afternoon dump… http://www.footnoted.com/buried-treasure/blackrocks-massive-friday-afternoon-dump/ Morningstar's guide to what's hiding in SEC filings Tue, 07 Feb 2012 21:51:20 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Prof77 http://www.footnoted.com/buried-treasure/blackrocks-massive-friday-afternoon-dump/comment-page-1/#comment-11583 Prof77 Thu, 11 Feb 2010 08:11:11 +0000 http://www.footnoted.com/?p=4506#comment-11583 The funds most likely came from China, here's the fact pattern: http://prof77.wordpress.com/2010/02/11/did-china-accumulate-5-plus-positions-in-1800-us-companies-through-blackrock/ The funds most likely came from China, here’s the fact pattern:

http://prof77.wordpress.com/2010/02/11/did-china-accumulate-5-plus-positions-in-1800-us-companies-through-blackrock/

]]> By: vivzizi http://www.footnoted.com/buried-treasure/blackrocks-massive-friday-afternoon-dump/comment-page-1/#comment-11472 vivzizi Sun, 07 Feb 2010 07:19:07 +0000 http://www.footnoted.com/?p=4506#comment-11472 My question is who controls and is the primary owner/investor in Blackrock? That is what we should all know. If it's the old Carlyle Cronies (Saudis/Bushs/Paulsons) then we need to know who is taking financial control of the world. It's no joke. Monopolies no longer just occur within single industries. Concentrations of wealth have gotten so high monopolies can and do extend across companies to segments of the world. We first saw cross corporate ownership monopolies when it was revealed that oil companies through investment funds controlled auto manufacturers and forced them to build gas guzzlers so they could sell more oil (they made more profits on oil than they lost from the automakers selling gas guzzling cars so they owned the auto manufacture stock not to get returns from that stock but to ensure higher returns from the oil stock.) We also saw it as carlyle used the oil revenues to spin off riverstone and buy up most of the ethanol corn supplies and now wind power makers again owning their own competition. The world is getting so small that it is possible for concentrations of wealth controlled by a very few through veiled management funds under different names to control nearly everything all under different names. The world citizenry needs to develop veil piercing ownership disclosure laws and world wide anti trust laws or we will all be serfs on the kings land once again with no other country excluded. vivzizi My question is who controls and is the primary owner/investor in Blackrock?
That is what we should all know.

If it’s the old Carlyle Cronies (Saudis/Bushs/Paulsons) then we need to know who is taking financial control of the world.

It’s no joke.

Monopolies no longer just occur within single industries. Concentrations of wealth have gotten so high monopolies can and do extend across companies to segments of the world.

We first saw cross corporate ownership monopolies when it was revealed that oil companies through investment funds controlled auto manufacturers and forced them to build gas guzzlers so they could sell more oil (they made more profits on oil than they lost from the automakers selling gas guzzling cars so they owned the auto manufacture stock not to get returns from that stock but to ensure higher returns from the oil stock.)

We also saw it as carlyle used the oil revenues to spin off riverstone and buy up most of the ethanol corn supplies and now wind power makers again owning their own competition.

The world is getting so small that it is possible for concentrations of wealth controlled by a very few through veiled management funds under different names to control nearly everything all under different names.

The world citizenry needs to develop veil piercing ownership disclosure laws and world wide anti trust laws or we will all be serfs on the kings land once again with no other country excluded.

vivzizi

]]> By: Olaf http://www.footnoted.com/buried-treasure/blackrocks-massive-friday-afternoon-dump/comment-page-1/#comment-11440 Olaf Thu, 04 Feb 2010 23:53:04 +0000 http://www.footnoted.com/?p=4506#comment-11440 These are the holdings of the iShares ETFs which have been managed by Barclays Global Investors and which now have been transferred to BlackRock. These are the holdings of the iShares ETFs which have been managed by Barclays Global Investors and which now have been transferred to BlackRock.

]]> By: Jonny http://www.footnoted.com/buried-treasure/blackrocks-massive-friday-afternoon-dump/comment-page-1/#comment-11406 Jonny Wed, 03 Feb 2010 17:38:07 +0000 http://www.footnoted.com/?p=4506#comment-11406 UPDATE: It has been noted that they closed the acquisition of Barclay's Global Investors and this dump is a consequence of the update of that transaction. Ok, well and good, but the point remains - they've got a book that is now trading against free cash of less than 1% of these disclosures alone. Indeed, it's even worse - their total trading book, according to some sources, is approaching $4 trillion dollars, yet the firm has a market cap of $40 billion and less than $4 billion in actual cash. The underlying question remains - if and when something goes wrong, what does Blackrock have available to them to deal with it when they're managing an asset base larger than that of The Federal Reserve? Perhaps they have learnt the secret of getting their own printing press UPDATE: It has been noted that they closed the acquisition of Barclay’s Global Investors and this dump is a consequence of the update of that transaction. Ok, well and good, but the point remains – they’ve got a book that is now trading against free cash of less than 1% of these disclosures alone. Indeed, it’s even worse – their total trading book, according to some sources, is approaching $4 trillion dollars, yet the firm has a market cap of $40 billion and less than $4 billion in actual cash.

The underlying question remains – if and when something goes wrong, what does Blackrock have available to them to deal with it when they’re managing an asset base larger than that of The Federal Reserve?

Perhaps they have learnt the secret of getting their own printing press

]]> By: Crash Gordon http://www.footnoted.com/buried-treasure/blackrocks-massive-friday-afternoon-dump/comment-page-1/#comment-11405 Crash Gordon Wed, 03 Feb 2010 17:33:59 +0000 http://www.footnoted.com/?p=4506#comment-11405 they really are snapping up any old trash the sort of fundamentals i wouldnt hesitate to short and massively overvalued to boot they really are snapping up any old trash the sort of fundamentals i wouldnt hesitate to short and massively overvalued to boot

]]> By: Crash Gordon http://www.footnoted.com/buried-treasure/blackrocks-massive-friday-afternoon-dump/comment-page-1/#comment-11404 Crash Gordon Wed, 03 Feb 2010 17:32:26 +0000 http://www.footnoted.com/?p=4506#comment-11404 its not just US shares they are buying they are all over the UK stock markets and even Europe like a rash as well - whats going on? its not just US shares they are buying they are all over the UK stock markets and even Europe like a rash as well – whats going on?

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