Huffpost Business

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

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BLACKROCK

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.

Read the whole story at Bloomberg

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