BlackRock, Vanguard and State Street hold over $70 trillion in assets. One of them is the largest shareholder in 88% of S&P 500 (Top 500) Wall Street companies. They are also the largest shareholder in each other. BlackRock, Vanguard and State Street are more powerful than a president of any country.
Blackrock and vanguard own everything.
And each other.
Megacorp.
BlackRock, Vanguard and State Street hold over $70 trillion in assets. One of them is the largest shareholder in 88% of S&P 500 (Top 500) Wall Street companies. They are also the largest shareholder in each other. BlackRock, Vanguard and State Street are more powerful than a president of any country.