By Dean Henderson
(Part one of a four-part series)
The Four Horsemen of Banking (Bank of America, JP Morgan Chase, Citigroup and Wells Fargo) own the Four Horsemen of Oil (Exxon Mobil, Royal Dutch/Shell, BP and Chevron Texaco); in tandem with Deutsche Bank, BNP, Barclays and other European old money behemoths. But their monopoly over the global economy does not end at the edge of the oil patch.
According to company 10K filings to the SEC, the Four Horsemen of Banking are among the top ten stock holders of virtually every Fortune 500 corporation.
So who then are the stockholders in these money center banks?
This information is guarded much more closely. My queries to bank regulatory agencies regarding stock ownership in the top 25 US bank holding companies were given Freedom of Information Act status, before being denied on “national security” grounds. This is rather ironic, since many of the bank’s stockholders reside in Europe.
Posted in Economy Economics, Energy, NWO, War and Peace
Tagged Bank of America, Barclays, BIS, BNP, BP, bretton Woods, Chevron Texaco, Citigroup, Club of Rome, depopulation, Deutsche Bank, Exxon Mobil, federal reserve, global economy, imf, JP Morgan Chase, monopoly capitalist fascism, Royal Dutch/Shell, Trilateral Commission, Wells Fargo, world bank, World Economic Forum, world trade organization
By Betsy L. Angert
April 25, 2010, the day before the scheduled Senate vote. The subject, a debate financial reform
On April 25, 2010, a day before a vote that would decide whether the Senate would debate financial reform, Senator Bernie Sanders spoke of the oft-stated belief, some enormous economic engines are to “Too Big To Fail.”
Senator Sanders presented the numbers beginning with the big four (4). Bernie Sanders bellowed, there are 4 major banks in our country. These are Bank of America, Wells Fargo, JP Morgan Chase, and CitiGroup. Many in the audience might have recalled that three of these Tapped the Fed for Financing in August 2007.
This is a scandalous story, involving one of the world’s largest banks, a powerful federal judge, and two Mexican telecom giants. Under any other circumstances, the business section of the Times would be expected to cover it, as the Journal and Bloomberg have. Yet as of Saturday midday, I cannot find a single mention of any aspect of this case, anywhere in the physical New York Times
The Story the New York Times Won’t Touch
By James Ledbetter
February 20, 2010 The Big Money
A little more than a year ago, when the Mexican billionaire Carlos Slim increased his stake in the New York Times Company (NYT), I wrote “I pity the Times Mexico bureau chief who has to tiptoe through who is and isn’t out of favor with the paper’s new sugar daddy.” Now we have a very clear example of how the Times treats Slim within its pages; it’s not pretty, and the journalistic compromise can be seen well beyond Mexico.
For the last several days, bloggers and many business news outlets have been revealing truly astounding details from a court case involving J.P. Morgan Chase (JPM) and two large Mexican telecom companies, one of which is Slim’s. Blogger Felix Salmon at Reuters was one of the earliest to cover this at length; his summary of the case gets right to the heart of it: