Pshaw, ya'll! What could go wrong?
Besides...
IShares said in its application that neither the advisers to the funds nor the internal index provider would have the ability to manipulate a benchmark, in part because the company plans to set up “firewalls.” Each BlackRock index would be rules-based, composed of equity and/or fixed-income securities, whose methodology would be clearly disclosed, according to the application.
That'll take care of things, fer sure. No possibility of folks from one side of the wall having a friendly fishing trip with folks from the other side. That sort of stuff never happens, 'cuz it would be immoral...
And, when it all blows up, Little Timmy and Uncle Ben will simply make it all good with taxpayer money, and send the bill to our grandchildren.
No problem!
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