Larry Fink Abandons Failed "ESG Phrasing" for ESG Phrasing

Larry Fink is “ashamed.”

Quite right, you may respond. But this being Larry Fink, he’s not ashamed of what he should be ashamed of. He’s not ashamed of misusing other people’s assets to push his own personal policy preferences. He’s not ashamed of lying to CEOs, shareholders, investors, pension fund managers, investigators and the public about the partisan nature of his endeavors. He’s not ashamed of leaving his mansion in a limo to take his private jet to the top of the world in the middle of the winter to stay in a well-heated luxury hotel to devise plans for forcing the hoi polloi like us to reduce our carbon emissions.

 

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