8legs: Brad lander

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#1 out of 255.56%

Brad Lander’s exit as NYC comptroller could help stabilize the city’s $300B pension fund, according to the columnist.
The piece argues Lander’s push to curb BlackRock’s energy holdings and enforce ESG goals may not serve NYC retirees.
The article suggests Lander’s activism is more about political ambitions than securing pension fund gains.
The narrative notes the pension fund trustees, not just the comptroller, guide investment decisions.
The column questions the practicality of Green Energy policies for funding NYC retirees.
The piece references Mark Levine as the potential replacement who might take a different approach.
The article emphasizes that the pension fund's underfunding and the need for prudent management remain critical.
According to the column, the comptroller holds one vote among trustees, limiting unilateral influence.
The piece frames NYC politics as increasingly partisan and risky for pension stewardship.

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#2 out of 2

Lander urged New York City pension funds to sever ties with BlackRock, Fidelity, and PanAgora over climate policy changes.
The call frames climate risk as financial risk and argues it should influence pension investment decisions.
Critics described the move as performative virtue signaling rather than prudent fiduciary action.
BlackRock and other fund managers faced pushback amid debates over decarbonization and investment strategy.
The article suggests decarbonizing pensions may not influence planetary outcomes and could reduce returns.
Lander leaves office on Dec. 31, with speculation about his future in politics and potential primary challenges.
The piece includes columnists' perspectives on political and safety implications of the pension funds' decisions.
The article cites ongoing scrutiny of BlackRock’s stance on climate-related policies.
The piece positions Lander as leaving office amid criticism of his approach to climate policy.
The analysis frames the debate as a clash between ideological advocacy and fiduciary responsibility.

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