In a groundbreaking investigation by O’Keefe Media Group (OMG), an employee of BlackRock Inc, the world’s largest asset management company, has been recorded revealing shocking insights about the company’s influence and operations.
BlackRock’s recruiter, Serge Varlay, unwittingly provided these startling revelations to an undercover journalist from OMG.
Varlay, who was caught unaware in a series of meetings in New York, was recorded saying that BlackRock, with its “incomprehensible” assets worth $20 trillion worldwide, effectively “runs the world.”
“It’s easier for BlackRock to do things when people aren’t thinking about it,” Varlay said, adding that BlackRock “doesn’t want to be anywhere on the radar.”
In a candid reflection of the vast economic influence wielded by BlackRock, Varlay stated that the company’s assets under management exceed $9.5 trillion.
To give perspective on this magnitude, he highlighted that this figure is larger than the GDP of all countries in the world, with the exception of the U.S. and China.
Perhaps the most shocking part of the recording pertains to Varlay’s commentary on the alleged corruption and bribery prevalent in politics.
He unhesitatingly expressed, “The senators…are f***ing cheap – you got 10 grand, you can buy a senator.”
He also suggested that the power of money exceeds political influence, with his remark: “It’s not who is the president it’s who is controlling the wallet of the president. You could buy your candidates…It doesn’t matter who wins they’re in my pocket.”
Varlay also touched on the company’s perspectives towards global crises and conflicts, referring to them as profitable business opportunities.
“Ukraine is good for business, you know that right?” he said, explaining how turmoil, like the potential destruction of Ukraine’s grain silos, leads to a surge in wheat prices, benefiting those trading in the commodity.
Despite his controversial comments, Varlay showed skepticism towards the reporter’s probing, asking her at one point if she was “undercover.”
He then remarked that “normal people don’t give a s***” about these harsh realities, which he described as “beyond them.”
James O’Keefe, founder of OMG, is expected to release a video of his interview confrontation with Varlay soon.
BlackRock Inc, when approached for comment, has declined to respond to the story, according to OMG.
BlackRock is an official partner of the World Economic Forum (WEF).