>Sen. Kennedy is one of the good ones
Bullshit.
Do these toxic dumpster fires happen in China?
Wow. I never would've guessed.
Saying BlackRock owns a thing is like saying the sky is blue. But since I've noticed an uptick in people pointing out BlackRock ownership since Memestocks caught on i early 2020, let's dig down the rabbit hole and drop some knowledge on the real rulers of your life. (HINT: It's not Congress, Joe Biden or the Sheriff)
These three firms own corporate America
>Together, BlackRock, Vanguard and State Street have nearly US$11 trillion in assets under management. That’s more than all sovereign wealth funds combined and over three times the global hedge fund industry.
>the Big Three, taken together, have become the largest shareholder in 40% of all publicly listed firms in the United States.
>Together, the Big Three are the largest single shareholder in almost 90% of S&P 500 firms, including Apple, Microsoft, ExxonMobil, General Electric and Coca-Cola. This is the index in which most people invest.
>from aviation to banking. The Big Three – seen together – are virtually always the largest shareholder in the few competitors that remain in these sectors.
>This is the case for American Airlines, Delta, and United Continental, as it is for the banks JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup.
Pic 1: Network of ownership by the Big Three in listed US firms
Pic 2 : Statistics about the ownership of the Big Three in listed US firms
https://theconversation.com/these-three-firms-own-corporate-america-77072