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Kerry: Fiduciary Responsibility of Money Managers ‘Not to Lose’ Money Is Hurting Climate Transition Investment
Breitbart ^
| 07/10/2023
| IAN HANCHETT
Posted on 07/10/2023 11:51:55 AM PDT by ChicagoConservative27
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What a big nothing word salad
To: ChicagoConservative27
We obviously need to change the rules, so that Money Managers no longer have any fiduciary responsibility and can just take all the money they manage and spend it willy-nilly to fundamentally transform the world and create a communist utopia.
2
posted on
07/10/2023 11:54:32 AM PDT
by
ClearCase_guy
(It's not a government. It's a criminal enterprise. Fear it, but do not respect it.)
To: ChicagoConservative27
It may be a ludicrous word salad, but the meaning is pro-communist all the way. He’s saying that “If free markets will not allocate capital the ‘right’ way, then abolish free markets.” Where the “right” way is whatever John Kerry says investment should go.
3
posted on
07/10/2023 11:54:51 AM PDT
by
ProtectOurFreedom
(I don’t like to think before I say something...I want to be just as surprised as everyone else.)
To: ChicagoConservative27
The stupid is strong with him
To: ChicagoConservative27
Kerry is saying steal from your clients.
5
posted on
07/10/2023 11:55:47 AM PDT
by
Track9
(You are far too inquisitive not to be seduced…)
To: ChicagoConservative27
Well Fink is trying to work around his Fiduciary responsibility with Blackrock with a woke investment agenda. Hopefully it will catch up to the POS in a criminal court.
6
posted on
07/10/2023 11:57:03 AM PDT
by
DAC21
To: ChicagoConservative27
Blow the dust off your own checkbook, Lurch.
Leave your grubby mitts off of mine.
L
7
posted on
07/10/2023 11:58:43 AM PDT
by
Lurker
( Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
To: ChicagoConservative27
I hope funding dries up.
You can blame it on a money climate drought.
8
posted on
07/10/2023 11:59:13 AM PDT
by
hattend
(F U Pedo Joe.)
To: ChicagoConservative27
9
posted on
07/10/2023 12:00:24 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money)
To: ChicagoConservative27
Translation. We want to steal your private pension funds to fund our projects.
10
posted on
07/10/2023 12:00:28 PM PDT
by
pas
To: ChicagoConservative27
French John, who divorced his clinically depressed first wife to marry the heiress to the Heinz fortune, wants you to forget about your nest egg, forget about your retirement, and let him squander the money on solar panels at the north pole, etc.
To: ChicagoConservative27
The problem with DC uniparty neo-marxism is that you eventually run out of other people’s money.
12
posted on
07/10/2023 12:02:36 PM PDT
by
PGR88
To: ClearCase_guy
13
posted on
07/10/2023 12:05:19 PM PDT
by
Fledermaus
(It's time to get rid of the Three McStooges; Mitch, Kevin and Ronna!)
To: ChicagoConservative27
14
posted on
07/10/2023 12:09:58 PM PDT
by
rfp1234
(E Porcibus Unum )
To: ChicagoConservative27
” money managers “have a fiduciary responsibility, an obligation to the people they manage it for not to lose the money, but to produce returns on that investment.””
yeah, john, that’s a bad thing ... very, very bad ...
you greenies need to get that changed to something like:
“money managers have no fiduciary obligation to their clients when ‘investing’ their client’s money in “green” money-losing ventures”
15
posted on
07/10/2023 12:13:16 PM PDT
by
catnipman
(In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
To: ChicagoConservative27
Every time Lurch opens his mouth I think, “That’s it, there’s no way I can hate him more than I already do.” Then he exceeds expectations.
16
posted on
07/10/2023 12:13:31 PM PDT
by
Seruzawa
("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
To: ChicagoConservative27
Some of it makes sense for a Greenie, but the rest is gobbly-gook that a Money Manager and/or Financial Institution WOULD see it as losing money and neglecting their financial fiduciary responsibility.
These eco-nuts never rest in their fight against evil capitalism that they often associate racism, or white supremacy, or homophobes, transphobes, or the complaint of the day.
17
posted on
07/10/2023 12:18:17 PM PDT
by
A Navy Vet
(USA Birth Certificate - 1787. Death Certificate - 2021? )
To: ChicagoConservative27
More booschidt from the Heinz boy who confused O’Bammie so bad that Barry thought there were 57 states too.
18
posted on
07/10/2023 12:18:36 PM PDT
by
FlingWingFlyer
(A man in NM is killed over a movie theater seat. The azhos in The Swamp think guns are the problem. )
To: RedElement
He’s such a flaming hypocrite!
19
posted on
07/10/2023 12:20:00 PM PDT
by
No name given
(Anonymous is who you’ll know me as)
To: ChicagoConservative27
20
posted on
07/10/2023 12:22:36 PM PDT
by
wjcsux
(On 3/14/1883 Karl Marx gave humanity his best gift, he died. )
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