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Ethics Group Asks New York to Divest From Ben & Jerry’s Parent Unilever

NLPC is asking New York State Comptroller Thomas P. DiNapoli to divest the state’s retirement funds from Unilever, parent company of Ben & Jerry’s, which has ended ice cream...

If Allegations True, Indicted Clinton Lawyer Michael Sussman Should Also Be Disbarred

Yesterday afternoon, Special Counsel John Durham, appointed by former Attorney General William Barr last year, indicted lawyer Michael Sussman of Perkins Coie for lying to the...

States Invested in Ben & Jerry’s: Another One Bites the Dust

Following Arizona's move last week to divest from Unilever --- the parent company of the anti-Semitic Ben & Jerry's --- a blue, but heavily Jewish, state has made the same...

AOC’s ‘Tax the Rich’ Dress Draws Ethics Complaint

NLPC filed a Complaint today with the Office of Congressional Ethics against Rep. Alexandria Ocasio-Cortez (D-NY) for accepting impermissible gifts by attending the exclusive...

Facebook Censorship Limited to the Internet Underclass

You probably saw all the photos of the weekend's Met Gala, in which the elites attending the event showed their beautiful faces while the workers serving them were forced to wear...

Congressman Grills Blinken About FBI Interview Regarding Hunter Biden, Burisma

Secretary of State Antony Blinken appeared before Congress Monday and Tuesday for some rough rounds of questioning before committees of the House and Senate, respectively, about...

NYTimes Busted: Stealth-Edits Article About NYPost’s Accurate Hunter Biden Reporting

Remember when Twitter censored the New York Post's account and prevented it from disseminating its blockbuster reporting about the sensational contents found on Hunter Biden's...

Top Oversight Committee Republican Wants Answers on Hunter Biden’s Art Deals

On Tuesday the House's top Republican on the Committee for Oversight and Government Reform, Rep. James Comer, inquired with the art dealer handling the sales of Hunter Biden's...

TBT: Hunter Biden Linked Firm Received Over $150 Million in Federal Loans

In 2019 we raised red flags concerning Hunter Biden and $150 million of federal loans a financial firm he was affiliated with received. Rosemont Capital received the loans...

Arizona State Treasurer Announces Divestment of all State Funds from Ben & Jerry’s

Arizona State Treasurer Kimberly Yee announced on Tuesday that Arizona “will not allow taxpayer dollars to go towards anti-Semitic, discriminatory efforts against Israel,”...

ESG, Larry Fink, and Other Peoples’ Money

This op-ed by NLPC Chairman Peter Flaherty appears today on Real Clear Markets:

Last week, Exxon Mobil, one of the world’s largest publicly traded international oil and gas companies, lost a critical board fight with Engine No.1, a “woke” small investor group. The win was predictably spun by the mainstream media as a David vs. Goliath story as well as a milestone moment for a new type of altruistic Environmental, Social and Governance investor.

The truth, however, is more cynical than heroic. Among other things, this is a story of how a billionaire like Larry Fink, a true Wolf of Wall Street, uses other people’s money to simultaneously camouflage his checkered past and help promote himself as an elder statesman of the markets, a beneficent oligarch with a penchant for saving the planet.

The popular media narrative is that this latest Exxon shareholder campaign was conducted by a small group of activist shareholders. But Engine No. 1‘s effort to chivy Exxon into changing its business strategy to please environmentalist investors and their allies would likely have gone nowhere without the timely intervention of Fink, Chairman and CEO of BlackRock.

Click here to read the whole op-ed on Real Clear Markets.

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