On Oct. 1, 2008, BlackRock’s CEO, Larry Fink, was sitting in his glass-framed Manhattan office when CNBC reported that Warren Buffett was buying a big stake in General Electric. BlackRock’s nearby trading floor erupted with excitement. The experts and the pundits on the tube viewed the Buffett news as a sign that the markets were stabilizing. Fink didn’t see it this way and shared his gut …
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