The One Bank…”The One Bank is above all else a gigantic parasite”
by Jeff Nielson
Sunday, 21 July 2013
In 1980, in an infamous episode of “American Justice”; the Hunt Brothers were charged (and convicted) with attempting to “corner the silver market” – i.e. an attempt to monopolize it. At the time prosecution commenced, the Hunt Brothers had only managed to acquire less than 20% of total global inventories.
Nonetheless, given the strict provisions of our anti-trust laws this was a violation. In this one (relatively tiny) market; even a 20% concentration by a single entity is considered unacceptable. But that was when our governments were less-corrupt, and still enforced these laws on at least a semi-regular basis.
Flash ahead to 2013, and readers of my previous commentary were presented with the earth-shattering findings of a trio of Swiss researchers:
In detail, nearly 4/10 of the control over the economic value of [all transnational corporations] in the world is held, via a complicated web of ownership relations, by a group of 147 [transnational corporations] in the core, which has almost full control over itself. The top holders within the core can thus be thought of as an economic “super-entity” in the global network of corporations. A relevant additional fact at this point is that ¾ of the core are financial intermediaries. [emphasis mine]