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Bernie Sanders: “They are major shareholders of 95% of the S&P 500.”

Featuring: Bernie Sanders, Independent | U.S. Senate, Vermont

Bernie Sanders addresses Oxford on his book "It's OK To Be Angry About Capitalism"

Published April 13, 2024 | Video Starts at 19:39

They have ownership all over the world. And it turns out that in the United States they control. They are the major Shareholders they don't control. They are major shareholders of 95% of the S&P 500. So when you talk about power and you talk about concentration of ownership, you got three Wall street firms combined that are the major shareholders in 95% of the major corporations in America. (19:39–19:46)

CLAIM

Asserts that BlackRock, Vanguard, and State Street are major shareholders in 95% of the S&P 500.

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.

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