Birdwatch Note Rating
2024-02-16 15:58:12 UTC - NOT_HELPFUL
Rated by Participant: 125492C7D09B91F158057A617A6375897F52367B8D6B1C62B976A2E93F58B70E
Participant Details
Original Note:
This claim is false. BlackRock does not own General Dynamics, Boeing, and Lockheed Martin directly. Rather, BlackRock, like many investment firms, hold shares of companies as part of its investment portfolio on behalf of clients (individuals and retirement funds) https://www.investopedia.com/articles/investing/111715/how-vanguard-index-funds-work.asp https://www.cnbc.com/2023/10/23/vanguard-blackrock-state-street-dont-own-major-us-corporations.html
All Note Details