Birdwatch Note Rating
2024-02-16 13:23:49 UTC - HELPFUL
Rated by Participant: 5AB8B9186D9BAE6CB94A3CFB6DD7B4E8FA2DE79A92D596026A05C5E57616AB66
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