Birdwatch Note Rating
2024-02-16 07:20:02 UTC - HELPFUL
Rated by Participant: 4A7A82C0407E75345AD7D93C1642776FA62A7186D7AB1B4C24802A2077020F4F
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