Bloomberg News

BlackRock’s Fink Says He’s Encouraged by Protests on Wall Street

October 13, 2011

Oct. 13 (Bloomberg) -- BlackRock Inc.’s Laurence D. Fink, head of the world’s largest asset manager, said he’s “encouraged” by the protests on Wall Street and ignoring them would be a mistake.

“I’m surprised it hasn’t happened sooner,” Fink said today at a conference in New York. “We’ve had protesting in the name of the Tea Party on the right side, and now we’re having protesting from the left side. Maybe we’re going to get some balance this way. But I do believe that we should not turn our backs to this protesting.”

To contact the reporter on this story: Beth Jinks in New York at bjinks1@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net


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