Birdwatch Note Rating
2024-02-16 02:59:38 UTC - HELPFUL
Rated by Participant: B78D9503A42AC89C9E7A0B545BF7F1C8F2A3A1C9CAD270B89E61C6078D5BEC12
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