
Why Did Florida Divest Billions From BlackRock? A “Woke” Conspiracy Theory.
On December 1, the Florida Treasury announced it would divest $2 billion worth of state funds from the financial services company BlackRock. The firm, Florida chief financial officer Jimmy Patronis alleged, didn’t have its investors’ best interests in mind. “Florida’s Treasury Division is divesting from BlackRock because they have openly stated they’ve got other goals than […]