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In reply to the discussion: BlackRock, the world's largest asset manager, just BLOCKED withdrawals. [View all]Buddyzbuddy
(2,430 posts)48. If their clients can't liquidate, then they can't take advantage of the firesales that are going to occur.
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BlackRock, the world's largest asset manager, just BLOCKED withdrawals. [View all]
riversedge
Yesterday
OP
Yesterday I that Trumpy was headed to the golf course this weekend--Dorel I think.
riversedge
Yesterday
#6
And there is no way he's going to figure this out. He couldn't figure his way out of a paper bag.
Scrivener7
22 hrs ago
#50
Not exactly misleading if you consider they bumped against that limit hard.
Ilikepurple
22 hrs ago
#53
Yes, I agree that that part was misleading as it was an existing restriction built in the terms
Ilikepurple
5 hrs ago
#72
Here is some related info: Regulation D and savings account withdrawal limits - here's what changed
Celerity
Yesterday
#14
And we should not forget that Trump has considered getting rid of the FDIC
markodochartaigh
11 hrs ago
#55
No, it should not affect your withdrawals from your bank. Blackrock is a private equity fund, not a bank.
SunSeeker
Yesterday
#18
Have tbi too - it's sooo frustrating. During doge I took half my savings out and now I can't remember where
tazcat
Yesterday
#42
Has anyone informed the top law enforcement official Attorney General Pam Bondi on this development?
Uncle Joe
Yesterday
#13
Part of what this shows is that the decisionmakers in the company make so much that they have $400 million to throw back
Scrivener7
22 hrs ago
#51
oh, they got the money but they sure as hell don't want to be playing with their own money.
uncle ray
10 hrs ago
#60
I agree that is the question. There is information they are privy to but you and I are not. And I have seen the argument
Scrivener7
9 hrs ago
#61
If their clients can't liquidate, then they can't take advantage of the firesales that are going to occur.
Buddyzbuddy
23 hrs ago
#48