Birdwatch Note Rating
2024-02-16 07:03:46 UTC - HELPFUL
Rated by Participant: 94916EC166CC8650BAEC3628AD02551F7E311D2D0EFD77BB3AF5EB8B59FB8DCC
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