Adeyemo, who was appointed as deputy Treasury secretary in the Biden administration, had previously worked as Obama's senior international economics advisor. By Alex Steger Since we've already put forward our thesis that 2022 is the year of the ESG backlash, it's with a heavy dose of confirmation bias that we present some further evidence of the phenomenon. The media wants us to believe that this is a conspiracy theory, yet it has been talked about by leaders for decades. Keep in mind that stock ownership ratios can change at any time, since companies buy and sell on a regular basis, so dont get hung up on percentages. But if the Big Three keep growing, the effects of their concentrated ownership will get only worse. Although BlackRock has a higher figure for assets under management, The Vanguard Group is the largest shareholder of BlackRock shares. When clicking on the "read the rest of the store" link, all you get is Page Not Found. Its a part of the Big Three index fund managers dominating corporate America. Tech News to Know This Week: Feb. 14 - 20, 2023. Former BlackRock investment executive Brian Deese leads Biden's National Economic Council, effectively serving as his top advisor on economic matters. When you add in the third-largest global owner, State Street, their combined ownership encompasses nearly 90% of all S&P 500 firms, Vanguard is the largest shareholder of BlackRock. Readers may or may not realize that over the past year, weve been bringing more conservative news and opinion outlets under our wing. Our Giving Fuel page makes it easy to donate one-time or monthly. The so-called competitive brands are from factories from a few corporations who monopolize the entire industry. 'Dark details' about boyfriend of US swim champ who mysteriously died, Disturbing red flags of Lindsay Clancy's psychosis before she 'killed 3 kids', Mysterious powder swamps US skies as residents report dust-covered cars, Manson Family member's death 'not a relief' to model who avoided Sharon Tate attack, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP. Eduardo Munoz/Reuters. Its brand new so dont be discouraged by the lack of donations there. This video does an incredible job of explaining how it is all being done. Employers in other pockets of the . The BlackRock, Vanguard, & State Street GRAND CONSPIRACY Ryan Hogue Investing 8.12K subscribers Subscribe 2.3K 47K views 1 year ago BlackRock, Vanguard Group, & State Street are some of the. Vanguard is also the largest shareholder of BlackRock - Vanguard having direct links to many of the world's oldest and richest families. Were impressed when we learn about a startup that reaches unicorn status. We have a Giving Fuelpage to help us pay the bills. If every company is owned by the same small number of people, why fight as fiercely on prices, innovations and investments? With Project Syndicate, we see the Bill and Melinda Gates Foundation, the Open Society Foundation and the European Journalism Centre. Just a month later, BlackRock BLK paid $1.05 billion to acquire Sausalito . And it is clear that the pandemic was orchestrated in order to bring this about. BlackRock posts videos on their social media platforms aimed at beginner-level investors and provide essential information for getting started. BlackRock operates as a risk management company, helping investors with asset and risk management services. John Coates, a professor at Harvard Law School, has written that the growth of indexation and the Big Three means that in the future, about a dozen people at investment firms will hold power over most American companies. Together, they form a hidden monopoly on global asset holdings, and through their influence over our centralized media, they have the power to manipulate and control a great deal of the worlds economy and events, and how the world views it all. The UN is a supporter of a world government that would be under the control of the UN, to create a new world society. Importantly, BlackRock also works closely with central banks around the world, including the U.S. Federal Reserve, which is a private entity, not a federal one.18,19It lends money to the central bank, acts as an adviser to it, and develops the central banks software.20. Together theyre a powerhouse of control. Since the mid-1970s, two corporations Vanguard and Blackrock have gobbled up most companies in the world, effectively destroying the competitive market on which America's strength has rested, leaving only false appearances behind. It goes on to claim that the main shareholders in these companies are "American Vanguard, BlackRock and Blackstone", claiming "these are the companies . The firms manage funds invested by large institutions like pension funds and university endowments as well as those for companies and, in some cases, individual investors like me and perhaps you, too. This means that competing brands, like Coke and Pepsi arent really competitors, at all, since their stock is owned by exactly the same investment companies, investment funds, insurance companies, banks and in some cases, governments. This makes a kind of intuitive sense: For example, because Vanguard is the largest shareholder in both Ford and General Motors, why would it benefit from competition between the two? Reports from Oxfam and Bloomberg say that 1% of the world, together owns more money than the other 99%. They all own each other. Its owned by its various funds, which in turn are owned by the shareholders. To have any chance of righting this situation, we must understand who the central players are, where the harmful dictates are coming from, and why these false narratives are being created in the first place. We see about 72% of stock is owned by no less than 3,155 institutional investors. Since then, New York-based BlackRock has . A lot of "conspiracy theorists" claim that bankers rule the world, but it now becomes clear that a mere 4 investment funds - of which BlackRock and Vanguard are by far the biggest . Not so strange, if you know that he is the front man of the ruling company but Larry Fink does not pull the strings himself. This colossus sits atop the pyramid of world corporate ownership, including in China most recently. I will start here and expand on the story in later reports. "Climate change has become a defining factor in companies' long-term prospects," he wrote in his open letter to chief executives in January. They believe that the ends justify the means. The wealthiest families in the world are associated with Vanguard Group funds. Alphabet is the parent of all Google companies, like YouTube and Gmail but they are also the biggest investor in Android, one of the two operating systems for nearly all smartphones and tablets. The Vanguard Group is an American registered investment advisor. Blackrock and Vanguard hold large interests in pivotal companies, and Vanguard holds a large share of Blackrock. No doubt getting the balance right will require judgment and experimentation, he wrote. Since GSK has 1553 institutional owners and shareholders, it is not accurate to claim GSK is managed by BlackRock. What she uncovers is that the stock of the worlds largest corporations are owned by the same institutional investors. In the packaged food industry, there are a few big companies, like Unilever, the Coca-Cola Company, Mondelez and Nestl. Stay up to date with what you want to know. Here's a rundown of fast facts to know about the firm. BlackRock accomplishes feats that nobody else has been able to pull off. 2021-09-06 22:32:50 "You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time." - Abraham Lincoln. Handshake shared a BlackRock interns analysis of the company. And at the heart of it all, the heart toward which all global wealth streams flow, we find BlackRock and Vanguard. article that it has happened to. The $248 billion Vanguard S&P 500 ETF (ticker VOO) has absorbed more than $36 billion in 2022, the most of any other ETF and on track for the fund's second-biggest annual inflow ever. The elite who own Vanguard apparently do not like being in the spotlight but of course they cannot hide from who is willing to dig. Dalia Blass, a longtime former Securities and Exchange Commission official who most recently ran the SEC's investment management division, joined the firm this week to lead external affairs. It forms with Facebook and Instagram the top three. In a 2019 paper, Vanguards researchers said that when they studied lots of industries across a long period, they did not find conclusive evidence that common ownership led to higher profits. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps theres a reason others havent been donating. BlackRock lends money to the central bank but its also the advisor. Vanguard Group announced the reopening of the $120.3 billion Vanguard Wellington Fund. Companies must be deliberate and committed to embracing purpose and serving all stakeholders your shareholders, customers, employees, and the communities where you operate," he said. This also includes the subsidiary companies that are under the control of Pfizer, considered Big Pharma. Its recently come to our attention complements of Childrens Health Defense, that these two giants in the asset management industry have a combined ownership of far more than most of us would have imagined. Today, it is a juggernaut widely used in the money management industry and beyond. Those are owned by even bigger investors. Vanguard itself, on the other hand, has a unique structure that makes its ownership more difficult to discern, but many of the oldest, richest families in the world can be linked to Vanguard funds. It has investments and shares in various companies all over the world. Not only do they own a large part of the stocks of nearly all big companies but also the stocks of the investors in those companies. The real danger posed by the three is economic, not political. A billion-dollar valuation is still news in todays business circles, but it pales in comparison to some of the larger conglomerates. In the business world, some people feel the wheels of change are taking too long, and they must be given, Read More What Exactly is Activist Investing?Continue, Many people choose to invest in stocks, bonds, and other commodities because they feel investing their money is a smart way to secure a better financial future. We need a strong leadership administration in place, cooperation of the mainstream media to bolster the country instead of tearing it down, unbiased journalism, and greater investigation into the facts instead of the perpetuation of proscribed information. Only a limited number of copies are available so get yours now before Amazon sells out again. The archives of The Common Sense Radio Show Are Available on Megaphone and Global Star. Bogle outlined several ideas for limiting their power, but he pointed out problems with a number of them. Whose largest shareholder is Vanguard. Yet despite our disagreements, something odd happened. BlackRock additionally has secured approval from the China Securities Regulatory Commission for its set up of a mutual fund business in China. Social media has banned any content that it considers misinformation, but it leaves us wondering how this is defined and who is put in the godlike posturing to make that determination. It is dominated by just three giant American asset managers: BlackRock, Vanguard and State Street - what we call the Big Three. As of 2022, Vanguard has more than $8 trillion in assets under management (AUM), second only to BlackRock, Inc ($9.5 trillion AUM). Some who have died of other causes tested positive which technically made it possible for them to list them as Covid deaths. BlackRock currently manages about $200 billion in ESG client money, which means that number is likely to grow and add to BlackRock's profits. According to Reuters' data, BlackRock owns 7.5% shares of GSK. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. Were not going to get an admission from anyone spreading misinformation, from either side of the debate. They all own each other. The other big companies that own a myriad of brand names, like Unilever, Mondelez and Nestl are from the same small group of investors. The Vanguard Group, Inc. is the largest mutual funds provider in the world today and is the second-largest ETF provider in the world, coming in second only to BlackRock. Those are huge investment companies that determine the course of money flow. The UN wants to make sure, as does [World Economic Forum founder and executive chairman Klaus] Schwab that in 2030, poverty, hunger, pollution and disease no longer plague the Earth. Jesus To overcome our revenue gap and keep these sites running, our needs fluctuate between $3000-$7000 per month. Theyve even gone so far as to make physical threats. It also has a sprawling alternative investments business that oversaw some $265 billion in assets under management as of December, managing products across private equity, private credit, and hedge funds. The big companies are on the stock market and have the big shareholders in the board of directors. In other words, these two investment companies, Vanguard and BlackRock hold a monopoly in all industries in the world and they, in turn are owned by the richest families in the world, some of whom are royalty and who have been very rich since before the Industrial Revolution.. Firms try to replicate it as a product, but none have been able to do so at the same scale. Lets not even pretend that there isnt some kind of political leveraging by those in control. The American economy is lumbering under monopoly and oligopoly. RE is a source of pension for small investors, to replace the saving accounts and because u can't trust the crooked stock markets. Its a United Nations Foundation-affiliated event that is set to cause the people of the Earth to Reconnect, Rethink, and Restart. This is the case, across all industries. This is what BlackRock is but what does it own? "The potential for a conflict of interest is great and it is just very difficult to police.". Its now that we need to stand together just as so many have already done in the heat of battle, fighting for our basic freedoms, working to remove survivors from the rubble of a terrorist attack, helping neighbors after a natural disaster, and so many more things that we do as a nation of people who have more in common than those things that separate us. Some investment apps cover a broad range, Read More Ranking The 20 Best Investment Apps of 2021Continue, In March 2021, Jack Dorsey, the CEO of Twitter, sold his first tweet ever that read just setting up my twttr as an NFT for over $2.9 million. This year is meant to . Now, lets look at the four biggest stock owners. BLACKROCK & VANGUARD. Do those few with so much power control the world? . The move seems well within what the investment firms say is their main goal, looking out for the long-term interest of shareholders. With such heavy influence over Big Pharma, the Mainstream Media, and many other industries, how does this impact the average citizen? The combination of the assets under management by The Vanguard Group and BlackRock is about $17 trillion. As a vaccinated American, I lived in fear for two weeks after receiving the J&J shot to have it pulled the very next day. Was that because of excessive wokeness, as Ramaswamy says, or because Exxon Mobil had been underperforming its peers for several years, and it was woefully ill prepared for the transition to renewable energy that has been transforming energy markets? It appears milder but much more contagious and evades natural immunity. As the journalist David Dayen has argued, this increasing market concentration reduces consumer choice, raises prices and most likely harms workers. Its about volunteers that Springs non-profits, government, corporations, individuals, and grassroots organizations together to discuss solutions for the challenges of our times. It manages almost $10 trillion, and the vast majority of its investing is done "passively," meaning the money is. To tease out the overarching influence of BlackRock and Vanguard in the global marketplace, be sure to watch the 45-minute-long video featured at the top of this article. "Disclosure should be a means to achieving a more sustainable and inclusive capitalism. Index investing has democratized access to diversified investments for millions of people, helping them achieve their long-term financial goals at a lower cost than ever before. The biggest shareholder is Vanguard. Ramaswamys take on the problem is wrong, but hes right that its a problem. When you add in the third-largest global owner, State Street, their combined ownership encompasses nearly 90% of all S&P 500 firms Conspiracy Theory Explained 1,677 views Mar 23, 2022 Why does Vanguard own everything? We come to a strange conclusion. When you add in the third-largest global owner, State Street, their combined ownership encompasses nearly 90% of all S&P 500 firms. If you put the big three asset management firms together being BlackRock, Vanguard and StateStreet, they control a collective of $15 trillion dollars. Access your favorite topics in a personalized feed while you're on the go. This is a profound degree of . The best way you can help us grow and continue to bring the truth to the people is by donating. According to Simply Wall Street, in February 2020, BlackRock and Vanguard were the two largest shareholders of GlaxoSmithKline, at 7% and 3.5% of shares respectively.10At Pfizer, the ownership is reversed, with Vanguard being the top investor and BlackRock the second-largest stockholder.11. Its a big yet fair question. But the goal of staying out of politics in 2022 is about as realistic as staying dry in a hurricane. Vanguard is a private company and we cannot see who the shareholders are. Not just George Bush Senior, Bill Clinton and . The top 10 of investors together amount to a value of $59 billion dollars but out of those ten, only three own more stock than the other seven. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. 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