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Not All Hollywood Bets Have Fairytale Endings

TheMotleyFool

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Not All Hollywood Bets Have Fairytale EndingsPhoto, wide shot, wide-angle lens, Private equity firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.theapi.app/temp/2b695cca-48cb-4195-802a-e3385fb90ec0.png

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This week, a curious press release came through the Power Corridor inbox.

The U.S. Securities and Exchange Commission announced that it charged BlackRock – the largest money manager in the world, with nearly $10 trillion in assets – for failing to properly disclose to its customers $75 million of investments it made in the entertainment industry.

Source Fool.com