I WONDER HOW MANY "MEETINGS" INVOLVED LUNCH/DINNER.
Matt Buxton
Jan 11, 2018, 11:23
You state 'excessive' as a quote but don't attribute it to anyone, and use it in your headline as its an official statement. disingenuous.
You have no benchmark to base 'excessive' on other than someone's view from the FIC. Blackrock is the largest asset manager operating in the UK - They contribute huge sums of tax to the government coffers, they employ significant numbers of people and facilitate the pensions of millions of UK residents.
Of course they care about brexit, of course they need to communicate with the government, this is how large corporate business works!
NMA is becoming more and more like the Daily Mail every day.
T~
Jan 11, 2018, 11:38
@Matt Buxton "Mick McAteer, director of the Financial Inclusion Centre, said 14 meetings ‘seemed quite a lot’ for one company.
‘It is an open secret that the big city institutions have an open door [to government] but to average about one-a-month for just BlackRock on its own does seem quite EXCESSIVE compared to the access that other firms get,’ he said."
GNewman
Jan 11, 2018, 12:22
@Matt Buxton I think if you read the article properly you'll find the quote is attributed to Mick McAteer, director of the Financial Inclusion Centre. Nobody is disputing what Blackrock do or contribute, but there are millions of men and women in this country who do a lot more but don't have the luxury of George Osborne or Blackrock speaking up for them or the ability to lobby the Treasury on their own Brexit concerns. The article is both factual and opinion - it's what reporting is all about.
Dan Rear
Jan 11, 2018, 12:34
'Fraid I turn off whenever Mick M and his 'Financial Inclusion Centre' are quoted....
Matt Buxton
Jan 11, 2018, 13:28
@GNewman IOf you read the article properly you will see that Mick Macateer didn't say it was 'excessive' he said it 'was quite a lot'.
T~
Jan 11, 2018, 13:42
@Matt Buxton read the quote again.
Alan Lazenby
Jan 11, 2018, 14:54
Black Rock funded the remain camp with £500k, a freedom of information request showed no emails between No 10 and No 11 Downing street and the Mayor of London's office, this was to see if there was collusion on a Law Boris was putting forward making Uber drivers pass an English reading and writing test. Then Labour took office, put the law in to effect that was postponed, and found copies of these emails on their servers. The vice president of Uber, a close friend of the Cameron's and Osbourne's resigned from a £1 million a year job when the information commissionaire investigated the emails. It just so happens that Black Rock own a huge stake in Uber.
The way we log access to our senior politicians is something that Black Rock and others are trying to stop, for it shows the level of collusion at the highest levels; £650k a year job anyone? The reason why they love the EU and are a great supporter of it is that nobody logs such meetings, and they can have a full hand in making Europe's laws without ever bothering with an election.
If it wasn't so blatantly obvious it wouldn't get reported, the big question is who will drain this swamp, and the bigger swamp in the EU?
Cromwellsbrain
Jan 11, 2018, 18:56
@Matt Buxton
I would dispute your assessment of Blackrock as the largest asset manager in the UK. iShares are not 'managed' and Blackrock's responsibility as a shareholder in the underlying assets could not be more underwhelming.
I do think you protest too much at what is a shocking exposure of the power of influence within the established elite. This statement does not suggest that darling George is not worth every penny of his £13,500 per day; you can't put a price on influence.
Alan Lazenby
Jan 11, 2018, 23:02
@Cromwellsbrain
Well said, bought influence without embarrassment. Odd that very little is written in papers like the Guardian though?
John Burchett
Jan 11, 2018, 09:51I WONDER HOW MANY "MEETINGS" INVOLVED LUNCH/DINNER.
Matt Buxton
Jan 11, 2018, 11:23You state 'excessive' as a quote but don't attribute it to anyone, and use it in your headline as its an official statement. disingenuous.
You have no benchmark to base 'excessive' on other than someone's view from the FIC. Blackrock is the largest asset manager operating in the UK - They contribute huge sums of tax to the government coffers, they employ significant numbers of people and facilitate the pensions of millions of UK residents.
Of course they care about brexit, of course they need to communicate with the government, this is how large corporate business works!
NMA is becoming more and more like the Daily Mail every day.
T~
Jan 11, 2018, 11:38@Matt Buxton "Mick McAteer, director of the Financial Inclusion Centre, said 14 meetings ‘seemed quite a lot’ for one company.
‘It is an open secret that the big city institutions have an open door [to government] but to average about one-a-month for just BlackRock on its own does seem quite EXCESSIVE compared to the access that other firms get,’ he said."
GNewman
Jan 11, 2018, 12:22@Matt Buxton I think if you read the article properly you'll find the quote is attributed to Mick McAteer, director of the Financial Inclusion Centre. Nobody is disputing what Blackrock do or contribute, but there are millions of men and women in this country who do a lot more but don't have the luxury of George Osborne or Blackrock speaking up for them or the ability to lobby the Treasury on their own Brexit concerns. The article is both factual and opinion - it's what reporting is all about.
Dan Rear
Jan 11, 2018, 12:34'Fraid I turn off whenever Mick M and his 'Financial Inclusion Centre' are quoted....
Matt Buxton
Jan 11, 2018, 13:28@GNewman IOf you read the article properly you will see that Mick Macateer didn't say it was 'excessive' he said it 'was quite a lot'.
T~
Jan 11, 2018, 13:42@Matt Buxton read the quote again.
Alan Lazenby
Jan 11, 2018, 14:54Black Rock funded the remain camp with £500k, a freedom of information request showed no emails between No 10 and No 11 Downing street and the Mayor of London's office, this was to see if there was collusion on a Law Boris was putting forward making Uber drivers pass an English reading and writing test. Then Labour took office, put the law in to effect that was postponed, and found copies of these emails on their servers. The vice president of Uber, a close friend of the Cameron's and Osbourne's resigned from a £1 million a year job when the information commissionaire investigated the emails. It just so happens that Black Rock own a huge stake in Uber.
The way we log access to our senior politicians is something that Black Rock and others are trying to stop, for it shows the level of collusion at the highest levels; £650k a year job anyone? The reason why they love the EU and are a great supporter of it is that nobody logs such meetings, and they can have a full hand in making Europe's laws without ever bothering with an election.
If it wasn't so blatantly obvious it wouldn't get reported, the big question is who will drain this swamp, and the bigger swamp in the EU?
Cromwellsbrain
Jan 11, 2018, 18:56@Matt Buxton
I would dispute your assessment of Blackrock as the largest asset manager in the UK. iShares are not 'managed' and Blackrock's responsibility as a shareholder in the underlying assets could not be more underwhelming.
I do think you protest too much at what is a shocking exposure of the power of influence within the established elite. This statement does not suggest that darling George is not worth every penny of his £13,500 per day; you can't put a price on influence.
Alan Lazenby
Jan 11, 2018, 23:02@Cromwellsbrain
Well said, bought influence without embarrassment. Odd that very little is written in papers like the Guardian though?