News Busters

CEO of Gargantuan ESG Company Defends Big Tech Monopoly on CNBC

ESG-obsessed BlackRock CEO Larry Fink strongly opposed holding Google accountable after the biased, pro-censorship search giant was declared a “monopolist” in court. 

Fink went to bat for Google, Apple and Amazon in response to a question from chronically wrong CNBC host Jim Cramer on the Oct. 11 edition of Squawk on the Street. Cramer, who slavishly praised Fink throughout the segment, asked the BlackRock CEO whether the government was right to take Google to court while tussling with Amazon and Apple. The leader of a Leviathan asset manager that uses the size of its investments to pressure companies argued that Big Tech needed to stay big. “I like the U.S. position in technology, and it seems odd that we are now questioning the scale of these companies,” Fink said. “These companies actually are going to get quite a bit larger.”

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