Under the above headline, RT’s German program calls attention to the BlackRock past of the new German Chancellor Friedrich Merz (CDU), writing that “Merz is also a lobbyist for the Western oligarchy straight out of a picture book. As head of the supervisory board of the German branch, he helped the multi-billion U.S. asset manager BlackRock to gain profitable economic influence in Germany from 2016 to 2020. During this time, the financial giant bought even more lucrative stakes in Germany’s largest real estate companies, including Deutsche Wohnen SE, which is now part of Vonovia. These real estate sharks have repeatedly hit the headlines in the past with extortionate rents.
“For almost two decades, Merz worked first as a partner and then as a consultant for the U.S. law firm Mayer Brown, which advises super-rich clients from the financial and other major industries, not least on how they can ‘save’ on taxes. Until 2019, he served as Chairman of the Atlantic Bridge for ten years. To this day, he is listed as a member of several organizations that bring lobbyists and top politicians together, including the founding circle of the New York section of the CDU Economic Council and the ‘Society for the Study of Structural Policy Issues’ under the umbrella of the liberal Ludwig Erhard Foundation.”
Merz claims his BlackRock orientation is a thing of the past, but “this is not credible,” RT writes. “[O]n the fringes of the World Economic Forum in Davos, Merz recently gave a speech at a dinner to which BlackRock boss and multi-billionaire Laurence Douglas (Larry) Fink invited him.”