BlackRock

Global Money Launderettes: How Investment Companies Became the World’s Favorite Laundromat There’s a moment, usually around 3 a.m. in Singapore, when a senior compliance officer at BlackRock—or one of its 73 look-alikes—scrolls through a client’s “Environmental, Social, Governance” questionnaire and discovers the biggest shareholder is a Cayman-registered shell whose only asset is a Panamanian tugboat….