Those companies run ETFs. They “own” lots of companies because they sell broad m... | Hacker News

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		paulgb 11 months ago \| parent \| context \| favorite \| on: How each pillar of the First Amendment is under at... Those companies run ETFs. They “own” lots of companies because they sell broad market funds to basically every passive investor in America.

slowhadoken 11 months ago [–]

That sounds like a yes. Larry Fink famously announced that “you have to force behaviors” when describing how ESG is tied into investments proving he has weight to throw around.

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