Vanguard, BlackRock Top 2 Shareholders of Norfolk Southern and ABC, NBC Parent Companies - #2 and #4

…“However, once East Palestine residents were permitted to return home, the media’s interest in the story evaporated. ABC stopped covering it entirely. NBC gave the story just 38 additional seconds, and CBS was the only network to offer more than a minute of coverage (64 seconds) after the morning of February 8.”

As of Friday, Vanguard ($4,302,831,536) and BlackRock ($2,560,700,84 were the two largest shareholders of Norfolk Southern Corporation.

Likewise, Vanguard ($15,064,023,320) and BlackRock ($8,318,730,584) were the two largest shareholders of the parent company of ABC (Walt Disney Co.).

Vanguard ($15,096,981,335) and BlackRock ($8,110,351,413) were also the two largest shareholders of NBC (Comcast).

Vanguard ($1,289,903,982) was the second-largest shareholder of Paramount Global, the parent company of CBS, while BlackRock ($640,084,407) was the fourth largest institutional stockholder.

As NewsBusters noted on Thursday, the Vanguard and BlackRock ties to the train disaster reflects poorly on their ESG credentials, while also raising a question about their connection to the broadcast media who have lost interest in covering the ongoing concerns about the derailment:

“The fact that ESG-obsessed companies are tied to the Norfolk Southern disaster blows their eco-virtue signaling on sustainable investment completely out of the water and makes the Big Three prematurely dropping the coverage look even more despicable.

“Could it be that the Big Three are doing everything they can to protect their shareholders’ investment in Norfolk Southern?”










read more: https://www.cnsnews.com/blog/craig-bannister/vanguard-blackrock-top-2-shareholders-norfolk-southern-and-abc-nbc-parent









Ah yes, ESG in action. Black Rock and Vanguard are protecting their investment. They are also large holders of the stock of the parent companies of the TV news sources. No wonder the lack of interest in the story by the msm.

 

Black Rock and Vanguard act to protect their investments in the polluting railroad company.

 

Sorry we don't have the 24/7 breaking reports about a train wreck that happened weeks ago to watch. It is all about covering it up to maximize my 401K returns.