BUSINESS

BlackRock's Larry Fink Takes Aim At "Luxurious" Wall Street Profits

08/21/2009 05:12 am ET | Updated May 25, 2011

Larry Fink, BlackRock's founder and chief executive, on Tuesday took aim at the "luxurious" trading profits enjoyed by Wall Street banks, saying that they have taken advantage of reduced competition to charge their customers more for even basic trades.

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