And as a result of that concentration of ownership, they are able to charge the American people outrageously high prices for the goods and services we need. Mr. President, we don't talk about it too much, maybe we should. But there are Three Wall street firms, BlackRock, Vanguard and State street, are the major stockholders in 95% of our corporations. Got that? Three Wall street firms, three are the major stockholders in 95% of American corporations. So, Mr. President, that is one America. People on top doing phenomenally well. (16:50–17:04)
CLAIM
Asserts that BlackRock, Vanguard, and State Street are major stockholders in 95% of American 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.
