BlackRock just lost $17 billion due to its Russian exposure. That’s just the tip of the iceberg, as Western banks are owed $121 billion from Russian entities

Fortune ^ | 3/11/2022 | Will Daniel

[marcusmaximus]

Brandon gave KGB Putin the green light to invade Ukraine and now Brandon's Wall Street donors are paying the price. More consequences of a stolen election.

[DarrellZero]

Don’t loan money to gangsters.

[proust]

At this rate, BlackRock will go out of business in about 1,864 years.

[E. Pluribus Unum]

They didn’t “lose” anything unless they sold.

[mewzilla]

Donors won’t pay for this.

Taxpayers will.

That why donors donate to Deep Staters.

[moehoward]

[kiryandil]

International banks are owed roughly $121 billion by Russia-linked entities, according to data from the Bank for International Settlements—and because of the recent decoupling of the West and Russia, they are unlikely to get most of that money back.

Whoops.

    

Obama: “Don’t underestimate Joe’s ability to 'eff' things up."

[marcusmaximus]

KGB Putin promised Brandon that he’d have Kiev in 3 days and it would be business as usual afterwards. Ooops.

[kiryandil]

[samadams2000]

Ok it’s gone from 70 billion to 120 billion. Who’s hiding the salami?

[kiryandil]

It was a two-fer.

Biden did his Huggies at the same time...

[Long Jon No Silver]

Wonder what the exposure is in Commie China. China owns the U.S

[marcusmaximus]

More consequences of a stolen election.

[AndyJackson]

International banks are owed roughly $121 billion by Russia-linked entities,

Old saw, you owe the bank $1000 and you don't repay. You are in trouble. You owe the bank $10M and don't repay. The bank's in trouble.

Maybe the western financial world should have thought about all of that before getting ourselves into this position.

[spirited irish]

America’s grave-diggers falling into the pits they dug for others.

[Vigilanteman]

Now maybe Black Rock can quit bidding up home prices in certain markets and making them unaffordable for young people starting families.

[reed13k]

Let’s say that russia owes $XXX to the west and decides not to pay.

How much $xxx the west owe to Russia?

[NohSpinZone]

Blackrock can go eff themselves. They are a bunch of woke wannabe phonies.

[kiryandil]

More consequences of a stolen election.

Another consequence: the more you look at the stolen 2020 election, the more that you see.

And the more that I'm seeing in previous stolen "elections".

The DNC massively coordinates the vote fraud at the national level each federal election cycle, and once you know where to look, you can see it plainly.

[PGR88]

Don’t worry - they will be bailed out by Fed.gov and Federal Reserve in various ways.