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Some people have started realizing that there are large financial groups that dominate the world. Forget the political intrigues, conflicts, revolutions and wars. It is not pure chance. Everything has been planned for a long time.
Some call it “conspiracy theories” or New World Order. Anyway, the key to understanding the current political and economic events is a restricted core of families who have accumulated more wealth and power.
We are speaking of 6, 8 or maybe 12 families who truly dominate the world. Know that it is a mystery difficult to unravel.
originally posted by: LookingAtMars
I think many know it to be true.
The world’s largest companies are now: Bank of America...
I think many know it to be true.
Apple which is the largest publicly traded company in the United States
originally posted by: LookingAtMars
I am talking about the fact a few companies run the world.
So you don't think there are just a few at the top that run everything?
No, it's an overly simplistic view that isn't possible with the way these companies are configured and traded. Every one of the banks listed is public meaning it's ownership is visible and its board is known.
originally posted by: LookingAtMars
And when you look at the owners most are institutional investors.
The names of the owners of the institutional investors are not known.
originally posted by: AugustusMasonicus
originally posted by: LookingAtMars
And when you look at the owners most are institutional investors.
You also need to then dig into who owns the institutional shares. You'll find that it is often unions or public retirement funds.
The names of the owners of the institutional investors are not known.
Sure they are, the majority shareholders are public knowledge.
originally posted by: AugustusMasonicus
a reply to: LookingAtMars
Here's the proxy statement for BlackRock.
The major shareholders are on page 42. The largest holder is PNC who is also publicly traded and whose shareholders are readily available.
And who do you think owns the mutual fund shares? Some guy named Mr. PNC or Mr. Vanguard? It's people with individual retirement accounts or groups like your state's teacher's union.
originally posted by: LookingAtMars
Individual retirement accounts and groups of state's teacher's union are a very small percent. The larger percent is owned by institutional investors again.
You're missing the point completely, who owns the institutions? There isn't some single person with majority control, it's a diverse number of individual and group investors who buy into companies like Vanguard who then go and buy shares of other companies so your investment is spread across numerous verticals and industries.