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BlackRock CEO Fink: ‘World needs to get back its moral compass’
CEO Larry Fink said that hatred and fear are growing and that he is
standing against bigotry and hatred

By Eric Revell FOXBusiness
BlackRock chairman and CEO Larry Fink reacts to the Israel-Hamas war and
the state of the economy on The Claman Countdown.video

Larry Fink: Hatred and fear are growing, and we need to focus on hope
BlackRock chairman and CEO Larry Fink reacts to the Israel-Hamas war and
the state of the economy on The Claman Countdown.

BlackRock CEO Larry Fink said Monday that he was "outraged" and
"horrified by the images" out of Israel following Hamas’ terror attack
last week.

In an interview on FOX Business Network’s "The Claman Countdown" with
host Liz Claman and Charlie Gasparino, Fink said that "the world needs
to get back its moral compass" and said that he is "standing up against
bigotry and hatred." He also said that he "totally agreed" that there is
no moral equivalence between what is happening in the Middle East
broadly versus what happened to Israel on Oct. 7, when at least 1,400
Israelis were killed by Hamas in a surprise terror attack.

BILLIONAIRE HEDGE FUND MANAGER DOESN’T WANT TO HIRE HARVARD STUDENTS WHO
BLAMED ISRAEL FOR HAMAS ATTACKS

Larry Fink
Larry Fink, chairman and chief executive officer of BlackRock, told FOX
Business that the "world needs to get back its moral compass" in an
appearance on "The Claman Countdown." (Photographer: Hollie
Adams/Bloomberg via Getty Images / Getty Images)

Fink was asked about his thoughts on business leaders criticizing the
response on college campuses to Hamas’ terror attacks on Israel,
including Bill Ackman, CEO and billionaire founder of Pershing Square
Capital Management.

Last week, Ackman called for Harvard to publish the names of students
who are members of groups that signed on to a letter from the Palestine
Solidarity Committee that stated Israel was "entirely responsible" for
Hamas’ terror attack against it and offered no condemnation of Hamas’
massacre of Israeli civilians so that he and other CEOs could avoid
hiring those students inadvertently.

He later said in response to students saying they were not aware of the
letter or their respective group’s role in its drafting and publication
that students in such groups should either resign, work to revise the
statement or accept the consequences of the world believing they stood
by its sentiment.

CEO DEFENDS SHARING LIST OF HARVARD STUDENTS WHO SIGNED PRO-PALESTINE
LETTER: THEY MUST ‘PAY THE PRICE’

BlackRock NYSE stock exchange trader
BlackRock CEO Larry Fink noted that the firm does a "pretty deep, broad
background check" on would-be employees. (Reuters/Brendan McDermid /
Reuters Photos)

Fink noted that BlackRock, the world's largest asset manager, has a
longstanding practice of vetting prospective employees through
background checks that consider their past public statements.

Ticker Security Last Change Change %
BLK BLACKROCK INC. 622.05 +5.55 +0.90%
Fink added that in his role as a member of the New York University board
of trustees, the board and university leadership categorically condemned
the attack.

"As a board member at NYU, we were loud and specific and immediate in
terms of stopping any of that support of hatred," Fink said.

CEO MARC ROWAN CALLS ON UPENN LEADERS TO RESIGN, ALUMS TO HALT DONATIONS
OVER ALLEGED ANTISEMITISM

Israeli flag with U.S. flag behing it
At least 1,400 Israelis and 30 Americans were killed in Hamas' terror
attacks. (Artur Widak/NurPhoto via Getty Images / Getty Images)

NYU also experienced a campus controversy in the wake of Hamas’ attacks.
NYU Law School Student Bar Association president Ryna Workman wrote a
letter stating that "Israel bears full responsibility for this
tremendous loss of life" and went on to condemn Israel and the U.S.
without criticizing Hamas.

"This regime of state-sanctioned violence created the conditions that
made resistance necessary," Workman wrote.

NONBINARY NYU STUDENT BAR ASSOCIATION PRESIDENT LOSES JOB OFFER AFTER
DEFENDING HAMAS TERROR ATTACK ON JEWS

Israel Funeral
Mourners grieve during the funeral of Peruvian-Israeli civilian Dr.
Daniel Levi Ludmir at Yehud Monosun cemetery, on Sunday near Tel Aiv,
Israel. Doctor Ludmir was reportedly killed while treating the wounded,
following the attack by Hamas on Oct. 7, (Photo by Leon Neal/Getty
Images / Getty Images)

NYU, which initially issued a statement condemning the attack on Israel
on Oct. 8, released a statement to make clear that Workman’s views do
not represent the university and emphasized its condemnation of Hamas’
terrorism.

"The statement issued by the Student Bar Association does not in any way
reflect the point of view of NYU. Acts of terrorism are immoral. The
indiscriminate killing of civilians and hostage-taking, including
children and the elderly, is reprehensible. Blaming victims of terrorism
for their own deaths is wrong," NYU spokesperson John Beckman wrote.

US CEOS SHOW SUPPORT FOR ISRAEL AFTER HAMAS ATTACKS

The NYU Law Student Bar Association started the process of removing
Workman as the group’s president. Additionally, Workman’s
post-graduation job offer was rescinded by Winston & Strawn LLP after
the firm found out about it.

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NYU’s leadership, including NYU president Linda Mills and the board of
trustees that Fink is a member of, updated their initial condemnation of
the attacks on Israel to reemphasize their categorical condemnation of
Hamas’ terrorism in the wake of the Workman controversy.

FOX Business’ Danielle Wallace contributed to this report.