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Which are the 4 companies that control the 147 companies that own everything?

21 Dec

Got your attention? You’ll need it, especially if you are not much of an economics connaiseur..

Still, you must have heard about these “evaluating companies” and have understood, that every time these evaluating companies “downgrade” a nation, that nation’s citizens can forget all about their retirement funds and social services and labor agreements and prepare their children for serious famine. Some times also their grandchildren…

I will not tire you…
The four mega companies that control the world, are:

1.McGraw-Hill, which owns Standard& Poor’s

2.Northwestern Mutual which owns Russell investments

3.CME Group which owns 90% of the Dow Jones indexes (through which these “evaluations” take place) and

4.Barclay’s which is the bank that took over Lehman Brothers after the 2008 crash, along with its “Lehman Aggregate Bond Index”, that just happens to be the dominant world bond fund index.

You should get the full story on this interesting Forbe’s article, which also points out, how and why these indexes and their owners, are actually CONTROLLING our lives.

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Posted by on December 21, 2011 in The role of Banks

 

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