John Coates on *The Problem of Twelve: When a Few Financial Institutions Control Everything*
Macro Musings with David Beckworth
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Networking Events, Engagements, and the Influence of Financial Institutions
This chapter focuses on the increasing participation of financial institutions, like BlackRock, in engagements with companies and raises concerns about collusion, conflicts of interest, and their influence. It also explores the risks and implications of the growing trend of index funds.
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