Bernie Sanders: “These three Wall Street firms are the major shareholders in…”

“A small number of giant conglomerates control what is produced and how much we as consumers pay for their products. Unbelievably, unbelievably, just three Wall street firms, BlackRock, Vanguard and State street, control assets of more than $22 trillion. These three Wall Street firms are the major shareholders in 95% of S&P 500 companies. exerting enormous control over of the largest corporations in the world. Three Wall street firms, unbelievable power. And that is not all. In terms of what's going on today.” (04:15–04:25)

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.