florduh
Well-Known Member
They donated mega bucks to elect Biden and the Executive VP of Blackstone personally hosted multiple fund raisers for Joe and is expected to join his administration later this year. By some weird coincidence it now appears they have the contracts to rebuild the Ukraine. Nothing to see here, move along.
I think you're getting confused with BlackROCK, another dystopian sounding private equity firm. BlackSTONE, the child labor folks, mostly donate to Republicans.
Blackstone Group Profile: Totals
Blackstone Group organization profile: contributions by party of recipient, by source of funds, and affiliates.
www.opensecrets.org
Blackstone generally does a 60/40 split between Republicans and Democrats. Blackrock goes the other way, 60/40 between Democrats and Republicans.
BlackRock Inc Profile: Totals
BlackRock Inc organization profile: contributions by party of recipient, by source of funds, and affiliates.
www.opensecrets.org
You're correct that the Brandon Admin has a cozy relationship with BlackRock though.
Joe Biden’s BlackRock Cabinet Picks Show the President-Elect Is Ready and Eager to Serve the Rich
Joe Biden’s choice to install two former BlackRock execs in his cabinet is a major signal of his deference to Wall Street and the superrich. But it’s also a sign of the times: the world’s largest asset management company is revolutionizing finance by investing in capitalism itself.
jacobin.com
Fun fact: BlackRock is one of the major owners of Norfolk Southern.