Larry Fink

  • 04 Nov 2010 at 2:00 PM

Brian Moynihan Pledges Devotion To BlackRock

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Bank of America has no plans to fully sever strategic ties with BlackRock, the world’s largest asset manager, Chief Executive Officer Brian Moynihan told analysts in Boston on Thursday, [despite] BlackRock’s announcement on Wednesday it planned to sell 34.5 million shares owned by Bank of America, in a secondary offering that could cut BofA’s ownership from 33.9 percent to 12.6 percent. Moynihan said the relationship between the two companies will extend beyond his and BlackRock Chief Executive Laurence, or Larry, Fink’s tenures. “We’ll be together for the duration of Larry and mine’s career and beyond,” Moynihan said. [Reuters]

  • 20 Oct 2010 at 3:10 PM

Larry Fink: The Biggest Mistake I Ever Made Was Doubting My Own Sheer Fucking Awesomeness

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As previously discussed, CNBC has been running a new series of interviews in which Becky Quick sits down with some financial heavyweight and asks him to discuss the “worst trade” he ever made. While seemingly the stuff of tedious job interviews, wherein applicants are asked to name their worst quality, such as being a workaholic, so far they’ve actually been quite interesting and shined a light on aspects of the subjects’ personalities that have helped shaped their storied careers but may not have been known to the outside world. For instance, Warren Buffett has a love of buxom milkmaids and this morning we learned that Larry Fink would not have gotten to where he is today without a serious stumble that resulted in making the conscious decision to stop second-guessing just how much ass he kicks. Continue reading »

  • 30 Mar 2010 at 1:50 PM

How Did Kendrick Wilson III “Soothe” Stephen Schwarzman’s “Bruised Feelings”?

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In January, Kendrick Wilson III joined BlackRock as a vice-chairman, which is why he’s the subject of a Bloomberg profile today. Forty some odd years ago, he was nicknamed “Wildcat” by his undergrad chums at Dartmouth, which is why he’s the basis for the lead character in an upcoming erotic novel about life in the Ivies. And 16 or so years ago, he was the peacemaker in a “shouting match” between Larry Fink and Stephen Schwarzman, which is what we’re going to investigate right now. Continue reading »