Comment by phendrenad2
10 hours ago
The institutional investors operate in lock-step, so multiply the Blackrock stake by, at minimum, 3. Then take into account the massive reputational downsides to having institutional investors "pull out" of your company. I think that would make you untouchable to most of Wall Street. Just my opinion. The potential power here is enormous. Is it being abused? That's harder to prove. But when Larry says things like "you have to force behaviors" he really makes it hard to play devil's advocate.
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