The Black Rock Theory

Everybody's worried about Black Rock and their eight, nearly $8 trillion with the assets of their management. This is a company that makes between 95 and $100 billion a quarter in asset management fees. All of Black Rock's money is built on $38 billion with the shareholder equity. And in our interest rate rising environment, when you are heavily exposed to real estate. Yeah. On the mountain. On themountain. That's not looking good. Especially since JP Morgan, Goldman Sachs, Citigroup, what'd they do to Lehman Brothers? They took Lehman Brothers down and took all their business.Yeah. Huh Interesting. I'm like, if I'm diamond, I'm