Dmytro Kharkov

Adam Livingston: BlackRock employee gets $1.2 million bonus for treasury trades

Adam Livingston: BlackRock employee gets $1.2 million bonus for treasury trades
BlackRock $1.2 million bonus for treasuries

Adam Livingston points out a situation at BlackRock where a 34-year-old employee named Pierce, who graduated from Dartmouth, received a $1.2 million bonus for buying treasuries with funds that were not available 18 months ago.

He contrasts this bonus with a recent HR email informing staff that this year's merit increase will be limited, highlighting the disparity in rewards within the company.

Livingston has covered other corporate actions and market valuations in recent commentary. He previously described Metaplanet shares trading below market value and labeled recent purchases as a fire sale. In a separate note, he also reported on a Metaplanet shareholder's commitment to bitcoin as a future-focused asset.

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