Texas AG Ken Paxton sues 3 major investment companies.

Thinker101

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Quite the racket, using your investment so you can pay more.

Texas Attorney General Ken Paxton is suing three investing companies, accusing them of conspiring to manipulate energy markets.

Paxton and ten other attorneys general filed a lawsuit against BlackRock, State Street Corporation and Vanguard.

They're accusing the companies of acquiring substantial stockholdings in U.S. coal producers and then weaponizing their shares to pressure the coal companies with "green energy" goals. Paxton’s office said the investment companies pushed to reduce coal output by more than half by 2030.

The lawsuit alleges that deliberately and artificially constricting supply increased prices and enabled the investment companies to produce “extraordinary revenue gains.” The lawsuit claims the move violated federal laws that prevent a major shareholder, or a group of shareholders, from using their shares to lessen competition.

MSN
 
Quite the racket, using your investment so you can pay more.

Texas Attorney General Ken Paxton is suing three investing companies, accusing them of conspiring to manipulate energy markets.

Paxton and ten other attorneys general filed a lawsuit against BlackRock, State Street Corporation and Vanguard.

They're accusing the companies of acquiring substantial stockholdings in U.S. coal producers and then weaponizing their shares to pressure the coal companies with "green energy" goals. Paxton’s office said the investment companies pushed to reduce coal output by more than half by 2030.

The lawsuit alleges that deliberately and artificially constricting supply increased prices and enabled the investment companies to produce “extraordinary revenue gains.” The lawsuit claims the move violated federal laws that prevent a major shareholder, or a group of shareholders, from using their shares to lessen competition.

MSN

I like him better every week. He might just be a real conservative after all. Hardly anybody will take on Blackrock and State Street. He might wake dead some morning from 'undetermined causes' and cremated in an hour.
 
This was already posted earlier today but I will again note that I have been the one arguing that investment groups need to be removed from the process of energy.

If you buy coal, oil, gas, whatever you have to actually take physical control of it.

My ideas were generally ignored and dismissed.
 
This was already posted earlier today but I will again note that I have been the one arguing that investment groups need to be removed from the process of energy.

If you buy coal, oil, gas, whatever you have to actually take physical control of it.

My ideas were generally ignored and dismissed.
Mainly because (like me) the only thing anyone notices is your posts supporting extreme positions that political opponents take as your only positions.
I'm left of center, but most people here think I'm a Neo-con.
 
Quite the racket, using your investment so you can pay more.

Texas Attorney General Ken Paxton is suing three investing companies, accusing them of conspiring to manipulate energy markets.

Paxton and ten other attorneys general filed a lawsuit against BlackRock, State Street Corporation and Vanguard.

They're accusing the companies of acquiring substantial stockholdings in U.S. coal producers and then weaponizing their shares to pressure the coal companies with "green energy" goals. Paxton’s office said the investment companies pushed to reduce coal output by more than half by 2030.

The lawsuit alleges that deliberately and artificially constricting supply increased prices and enabled the investment companies to produce “extraordinary revenue gains.” The lawsuit claims the move violated federal laws that prevent a major shareholder, or a group of shareholders, from using their shares to lessen competition.

MSN
Amazing what can happen when laws are enforced
 
Mainly because (like me) the only thing anyone notices is your posts supporting extreme positions that political opponents take as your only positions.

I can't recall any extreme position I've taken. Not walking lock step with the parties shouldn't be seen as extreme.

I'm left of center, but most people here think I'm a Neo-con.

Most people think what party leaders tell them to think.
 
The era of the intentional collapse of America is coming to an end and those involved will be brought to justice.

Paxton :salute:
 
15th post
Quite the racket, using your investment so you can pay more.

Texas Attorney General Ken Paxton is suing three investing companies, accusing them of conspiring to manipulate energy markets.

Paxton and ten other attorneys general filed a lawsuit against BlackRock, State Street Corporation and Vanguard.

They're accusing the companies of acquiring substantial stockholdings in U.S. coal producers and then weaponizing their shares to pressure the coal companies with "green energy" goals. Paxton’s office said the investment companies pushed to reduce coal output by more than half by 2030.

The lawsuit alleges that deliberately and artificially constricting supply increased prices and enabled the investment companies to produce “extraordinary revenue gains.” The lawsuit claims the move violated federal laws that prevent a major shareholder, or a group of shareholders, from using their shares to lessen competition.

MSN
Good

Those 3 have way too much $$$ and power
 

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