http://www.cnbc.com/2015/07/15/reuters-america-update-1-carl-icahn-calls-blackrock-a-dangerous-compa

http://www.cnbc.com/2015/07/15/reut...k-a-dangerous-company-cites-etf-concerns.html

http://finance.yahoo.com/video/carl-icahn-2007-over-again-214000996.html

 

These two statements are just mind boggling:

"In 2014, dividends and buybacks in the United States totaled $900 billion, the highest ever, according to Fink's letter.

BlackRock had $4.7 trillion in assets under management at the end of the second quarter."

Close to a trillion in buybacks and 4.7 TRILLION AUM.

 

BlackRock creates an "extremely dangerous situation" by encouraging debt issuance. They sell liquidity. There is no liquidity. That's what's going to blow this up

 

Weird.

In the 80's, whales like Icahn would be kissing up to the bond issuers. What the heck is going on here?