| 22.10.2008 Opalesque Exclusive: BlackRock releases 3Q results with 14% drop in 3Q profits as Fink identifies these as `the best of times and the worst of times` for firm and markets |
| From Kirsten Bischoff, Opalesque New York: "These are the best of times and worst of times" was how a somber, but optimistic Laurence Fink, Chairman and Chief Executive of BlackRock started the third quarter earnings call with investors. Posting a -14.7% drop in third quarter profits Fink told investors that the losses were felt across all asset classes. According to Reuters analysts had |
| Article source: http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=318269&re=4000&ea=185886 - Opalesque is not responsible for the content of external internet sites |