At the US Fund management company Blackrock seems to be satisfied with Friedrich Merz. The Chairman of the Supervisory Board is allowed to make after his failed candidacy for the CDU leadership. Perhaps the satisfaction is even with the good contacts of the former Union and political group leaders in the forefront of the Federal government.

As a stakeholder, the asset Manager should have taken Merz, four times Minister of the Federal government. The dpa news Agency reported, citing a response from the Federal government to a request from the link politician Fabio De Masi.

Twice Merz met in his function as Chairman of the Supervisory Board of the German Blackrock branch, therefore, the then SPD foreign Minister and Vice Chancellor Sigmar Gabriel (17. October 2017, and 7. March 2018). 12. September 2018 came together Merz with Finance Minister Olaf Scholz and state Secretary Jörg Kukies (both SPD) to the “financial market issues”. The fourth conversation I have with the CDU Chancellery chief Helge Braun on the sidelines of a meeting of the Bureau of the CDU in the economic Council at the 26. April 2018 took place.

Left: the Federal government must keep your distance

Especially with SPD-Ministers are quite spicy: Leading social Democrats had repeatedly criticized Merz’ activities for the financial industry, especially against Blackrock in the Wake of the Cum-Ex-tax fraud transactions was determined and it came to searches. So SPD Vice Ralf Stegner said, with a view to Merz, one could argue about whether it is good, if “millionaires in the financial industry aspire to political office in political parties”.

at the end of October of 2018, announced Merz his candidacy for the CDU presidency, shortly after Angela Merkel had announced their withdrawal from the party Chairman. Merz was defeated at the party conference in Hamburg, just Annegret Kramp-karrenbauer, and has announced its Blackrock’s activity will now continue.

The world’s largest asset managers, the government is involved with response, at 109 German company with voting rights. With 10.2 percent of black rocks is the influence of the largest real estate group Deutsche Wohnen. “Blackrock is the dark Power of the financial markets”, said De Masi. “Mr Merz apparently opens the doors of German Foreign and Finance Ministers.” The Federal government should keep their distance, especially as long as investigations against Blackrock run.


Sam Yoon has many years of experiences in journalism. He has covered such areas as information technology, science, sports and politics. Yoon can be reached at 82-2-6956-6698.