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September 12, 2009

Interesting

-- by Dave Johnson

Study Says World's Stocks Controlled by Select Few
Companies from US, UK and Australia have the most concentrated financial power.

A recent analysis of the 2007 financial markets of 48 countries has revealed that the world's finances are in the hands of just a few mutual funds, banks, and corporations. This is the first clear picture of the global concentration of financial power, and point out the worldwide financial system's vulnerability as it stood on the brink of the current economic crisis.
Here is the report itself.

Posted by Dave Johnson at September 12, 2009 11:06 AM


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