BlackRock buys insurance with Lopez Obrador
"[CfA] believes that while BlackRock's track record in Mexico is "worrisome", its strategic focus on public-private partnerships raises even greater concerns."
"[CfA] believes that while BlackRock's track record in Mexico is "worrisome", its strategic focus on public-private partnerships raises even greater concerns."
"The BlackRock Transparency Project, an initiative from the Campaign for Accountability, a watchdog organization focused on public corruption, seeks to demystify the firm’s “access and influence” business model. BlackRock forges close relationships with governments to outpace competitors, attracting special benefits and avoiding onerous regulatory standards. Since 2004, researchers note, BlackRock has hired at least 84 former government officials, regulators, and central bankers worldwide. This can quickly bleed into conflicts of interest and official corruption."
"Campaign for Accountability, a nonpartisan group focused on government accountability and ethics, has also filed a complaint against the Heidi Group, saying it stole millions of dollars by taking funds for services they never intended to provide."
On September 26, 2018, CfA released a new report, "The New Corporate Colonialism," which comprehensively documents BlackRock’s efforts to expand its infrastructure business in Mexico through aggressive courtship of Mexican political leaders and organizations mired in corruption and conflict of interest scandals.
"The Campaign for Accountability, a nonprofit watchdog organization, released a report in August explaining companies such as Facebook and Google embed employees in political campaigns to inform campaign strategy."
On September 12, 2018, CfA Executive Director Daniel Stevens discussed Google’s influence in Washington with Tucker Carlson on his Fox News show, Tucker Carlson Tonight.
"Foreign propaganda from Russia and Iran spreading on Google's platform is also a concern for lawmakers. In July, Google rolled out stricter policies for political ads. Yet watchdog group Campaign for Accountability found it could still buy ads with a Google AdWords account it set up using the name and details of a notorious Russian propaganda group -- ads it paid for with rubles."
"'There's an empty chair next to you from Google, they're not here today. Maybe it's because they're arrogant,' said Senator Marco Rubio (R-Fla.) blasting the search engine. Rubio then referenced a recent report showing how the group Campaign for Accountability was able to pose as the Russian troll farm Internet Research Agency and set up political advertising on Google’s ad network."
On Wednesday, September 5, 2018, the U.S. Senate Intelligence Committee held a hearing on foreign influence campaigns' use of social media platforms. Several senators criticized Google for not attending the hearing, while Facebook and Twitter sent top executives. Sens. Mark Warner (D-VA) and Marco Rubio (R-FL) cited CfA's research in their criticisms of Google, specifically CfA's successful effort to pose as a Russian troll farm to buy Google ads.
"Given the significance of this issue, it is critical that the American people have confidence that the proposed changes are based on sound policy. This is why my organization, Campaign for Accountability a nonprofit, nonpartisan watchdog group focused on public accountability, called on ethics officials at HHS to open an investigation into HHS Secretary Alex Azar and his relationship with his former employer, the pharmaceutical manufacturing giant Eli Lilly."