Birdwatch Note Rating
2024-02-16 19:18:25 UTC - HELPFUL
Rated by Participant: 92AC4F9EA4009490778A7CA55BC9A10542CF28835E059A16C587435794C9B665
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