You got a handful of very, very large corporations are able to engage in monopolistic activities and charge us much higher prices than we should be paying, unbelievably. I want you to hear this. Four Wall street firms, BlackRock, Vanguard, Fidelity and State street combined, are the major stockholders in more than 95% of our corporations. And here's something else that we don't talk. Talk enough about when we talk about concentration of ownership. Talk about media ownership. (07:27–07:39)
CLAIM
Asserts that four Wall Street firms are major stockholders in over 95% of U.S. corporations.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
