Blackrock manages 401ks. The shareholders of Blackrock are t...

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2026-09-09T16:55:17Z

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What most people already understand, even without the economic terminology, is that firms like BlackRock operate less like investors and more like mod...

Blackrock manages 401ks. The shareholders of Blackrock are those with 401K retirement plans. Blackrock manages all the federal employee 401K plans known as the TSP (Thrift Savings Plan). That may actually be the source of most of their income.

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