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Posts Tagged ‘Larry Fink’s $12 Trillion Shadow’

Larry Fink: The King and His Kingdom

Posted by Larry Doyle on March 5th, 2010 11:10 AM |

Who runs Wall Street?

Last June, I designated “Larry Fink: The King of Wall Street” and wrote:

With the downfall of Wall Street over the last two years, we have seen some giants within the industry summarily dismissed and, in certain cases, demonized. Who knows what the future holds for Dick Fuld, Jimmy Cayne, John Thain, and Angelo Mozilo.

With their demise, who now reigns over the Wall Street kingdom?  Many would debate that either Lloyd Blankfein of Goldman Sachs or Jamie Dimon of JP Morgan Chase is the “king of the court.” Well, Lloyd and Jamie certainly wield significant power and influence on Wall Street, but there is no doubt that the King of Wall Street is the CEO of BlackRock, Larry Fink.

Larry Fink was my first boss on Wall Street when I joined First Boston in August 1983. (more…)






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