While BlackRock's Stock Sinks, CEO Larry Fink Makes Fortune In Bonuses

BlackRock CEO Makes Fortune While Stock Sinks

BlackRock Inc. (BLK) Chief Executive Officer Larry Fink told investors on a conference call in January last year that the world's biggest money manager was "very well positioned" for 2010. At the end of the year, the market sent a different message: New York-based BlackRock's total share return was negative 16 percent, while the Standard and Poor's 500
Asset Management and Custody Bank Index rose 13 percent.

Popular in the Community

Close

What's Hot