Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: BlackRock, the world's largest asset manager, just BLOCKED withdrawals. [View all]flamingdem
(40,848 posts)23. Cockroaches
Jamie Dimon of JP Morgan warned about this when he said there were cockroaches hiding that worried him in private equity.
That said, this happened last week with Blue Owl too.
Edit history
Please sign in to view edit histories.
Recommendations
2 members have recommended this reply (displayed in chronological order):
74 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
BlackRock, the world's largest asset manager, just BLOCKED withdrawals. [View all]
riversedge
Yesterday
OP
Yesterday I that Trumpy was headed to the golf course this weekend--Dorel I think.
riversedge
Yesterday
#6
And there is no way he's going to figure this out. He couldn't figure his way out of a paper bag.
Scrivener7
Yesterday
#50
Not exactly misleading if you consider they bumped against that limit hard.
Ilikepurple
Yesterday
#53
Yes, I agree that that part was misleading as it was an existing restriction built in the terms
Ilikepurple
8 hrs ago
#72
Here is some related info: Regulation D and savings account withdrawal limits - here's what changed
Celerity
Yesterday
#14
And we should not forget that Trump has considered getting rid of the FDIC
markodochartaigh
14 hrs ago
#55
No, it should not affect your withdrawals from your bank. Blackrock is a private equity fund, not a bank.
SunSeeker
Yesterday
#18
Have tbi too - it's sooo frustrating. During doge I took half my savings out and now I can't remember where
tazcat
Yesterday
#42
Has anyone informed the top law enforcement official Attorney General Pam Bondi on this development?
Uncle Joe
Yesterday
#13
Part of what this shows is that the decisionmakers in the company make so much that they have $400 million to throw back
Scrivener7
Yesterday
#51
oh, they got the money but they sure as hell don't want to be playing with their own money.
uncle ray
13 hrs ago
#60
I agree that is the question. There is information they are privy to but you and I are not. And I have seen the argument
Scrivener7
12 hrs ago
#61