THE GREAT AWAKENING

The Great Awakening-In God We Trust

Who Owns the World? FROM MERCOLA MONOPOLY THE WHO????

Who Owns the World?

Analysis by Dr. Joseph MercolaFact Checked



  • A handful of mega corporations — private investment companies — dominate every aspect of our lives; everything we eat, drink, wear or use in one way or another. These investment firms are so enormous, they control the money flow worldwide
  • While there appear to be hundreds of competing brands on the market, like Russian nesting dolls, larger parent companies own multiple smaller brands. In reality, all packaged food brands, for example, are owned by a dozen or so larger parent companies
  • These parent companies, in turn, are owned by shareholders, and the largest shareholders are the same in all of them: Vanguard and Blackrock
  • No matter what industry you look at, the top shareholders, and therefore decision makers, are the same: Vanguard, Blackrock, State Street and/or Berkshire Hathaway. In virtually every major company, you find these names among the top 10 institutional investors
  • These major investment firms are in turn owned by their own set of shareholders. One of the most amazing things about this scheme is that the institutional investors also own each other. They’re all shareholders in each other’s companies. At the very top are Vanguard and Blackrock. Blackrock’s largest shareholder is Vanguard, which does not disclose the identity of its shareholders due to its unique structure

Editor’s Note: This article is a reprint. It was originally published October 29, 2021.

Until recently, it appeared economic competition had been driving the rise and fall of small and large companies across the U.S. Supposedly, PepsiCo is Coca Cola’s competitor, Apple and Android vie for your loyalty and drug companies battle for your health care dollars. However, all of that turns out to be an illusion.

Since the mid-1970s, two corporations — Vanguard and Blackrock — have gobbled up most companies in the world, effectively destroying the competitive market on which America’s strength has rested, leaving only false appearances behind.

Indeed, the global economy may be the greatest illusionary trick ever pulled over the eyes of people around the world. To understand what’s really going on, watch Tim Gielen’s hour-long documentary, “MONOPOLY: Who Owns the World?” above.

Corporate Domination

As noted by Gielen, who narrates the film, a handful of mega corporations — private investment companies — dominate every aspect of our lives; everything we eat, drink, wear or use in one way or another. These investment firms are so enormous, they control the money flow worldwide. So, how does this scheme work?

While there appear to be hundreds of competing brands on the market, like Russian nesting dolls, larger parent companies own multiple smaller brands. In reality, all packaged food brands, for example, are owned by a dozen or so larger parent companies.

Pepsi Co. owns a long list of food, beverage and snack brands, as does Coca-Cola, Nestle, General Mills, Kellogg’s, Unilever, Mars, Kraft Heinz, Mondelez, Danone and Associated British Foods. Together, these parent companies monopolize the packaged food industry, as virtually every food brand available belongs to one of them.

These companies are publicly traded and are run by boards, where the largest shareholders have power over the decision making. This is where it gets interesting, because when you look up who the largest shareholders are, you find yet another monopoly.

While the topmost shareholders can change from time to time, based on shares bought and sold, two companies are consistently listed among the top institutional holders of these parent companies: The Vanguard Group Inc. and Blackrock Inc.

Pepsi and Coca-Cola — An Example

For example, while there are more than 3,000 shareholders in Pepsi Co., Vanguard and Blackrock’s holdings account for nearly one-third of all shares. Of the top 10 shareholders in Pepsi Co., the top three, Vanguard, Blackrock and State Street Corporation, own more shares than the remaining seven.

Now, let’s look at Coca-Cola Co., Pepsi’s top competitor. Who owns Coke? As with Pepsi, the majority of the company shares are held by institutional investors, which number 3,155 (as of the making of the documentary).

As shown in the film, three of the top four institutional shareholders of Coca-Cola are identical with that of Pepsi: Vanguard, Blackrock and State Street Corporation. The No. 1 shareholder of Coca-Cola is Berkshire Hathaway Inc.

These four — Vanguard, Blackrock, State Street and Berkshire Hathaway — are the four largest investment firms on the planet. “So, Pepsi and Coca-Cola are anything but competitors,” Gielen says. And the same goes for the other packaged food companies. All are owned by the same small group of institutional shareholders.

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Big Tech Monopoly

The monopoly of these investment firms isn’t relegated to the packaged food industry. You find them dominating virtually all other industries as well. Take Big Tech, for example. Among the top 10 largest tech companies we find Apple, Samsung, Alphabet (parent company of Google), Microsoft, Huawei, Dell, IBM and Sony.

Here, we find the same Russian nesting doll setup. For example, Facebook owns Whatsapp and Instagram. Alphabet owns Google and all Google-related businesses, including YouTube and Gmail. It’s also the biggest developer of Android, the main competitor to Apple. Microsoft owns Windows and Xbox. In all, four parent companies produce the software used by virtually all computers, tablets and smartphones in the world. Who, then, owns them? Here’s a sampling:

  • Facebook — More than 80% of Facebook shares are held by institutional investors, and the top institutional holders are the same as those found in the food industry: Vanguard and Blackrock being the top two, as of the end of March 2021. State Street Corporation is the fifth biggest shareholder
  • Apple — The top four institutional investors are Vanguard, Blackrock, Berkshire Hathaway and State Street Corporation
  • Microsoft — The top three institutional shareholders are Vanguard, Blackrock and State Street Corporation

You can continue going through the list of tech brands — companies that build computers, smart phones, electronics and household appliances — and you’ll repeatedly find Vanguard, Blackrock, Berkshire Hathaway and State Street Corporation among the top shareholders.

Same Small Group Owns Everything Else Too

The same ownership trend exists in all other industries. Gielen offers yet another example to prove this statement is not an exaggeration:

“Let’s say we want to plan a vacation. On our computer or smart phone, we look for a cheap flight to the sun through websites like Skyscanner and Expedia, both of which are owned by the same group of institutional investors [Vanguard, Blackrock and State Street Corporation].

We fly with one of the many airlines [American Airlines, Air France, KLM, United Airlines, Delta and Transavia] of which the majority of the shares are often owned by the same investors ...

The airline we fly [on] is in most cases a Boeing or an Airbus. Again, we see the same [institutional shareholders]. We look for a hotel or an apartment through Bookings.com or AirBnB.com. Once we arrive at our destination, we go out to dinner and we write a review on Trip Advisor. The same investors are at the basis of every aspect of our journey.

And their power goes even much further, because even the kerosene that fuels the plane comes from one of their many oil companies and refineries. Just like the steel that the plane is made of comes from one of their many mining companies.

This small club of investment companies, banks and mutual funds, are also the largest shareholders in the primary industries, where our raw materials come from.”

The same goes for the agricultural industry that the global food industry depends on, and any other major industry. These institutional investors own Bayer, the world’s largest seed producer; they own the largest textile manufacturers and many of the largest clothing companies.

They own the oil refineries, the largest solar panel producers and the automobile, aircraft and arms industries. They own all the major tobacco companies, and all the major drug companies and scientific institutes too. They also own the big department stores and the online marketplaces like eBay, Amazon and AliExpress.

They even own the payment methods we use, from credit card companies to digital payment platforms, as well as insurance companies, banks, construction companies, telephone companies, restaurant chains, personal care brands and cosmetic brands.

No matter what industry you look at, the top shareholders, and therefore decision makers, are the same: Vanguard, Blackrock, State Street and/or Berkshire Hathaway. In virtually every major company, you find these names among the top 10 institutional investors.

Who Owns the Investment Firms of the World?

Diving deeper, we find that these major investment firms are in turn owned by their own set of shareholders. One of the most amazing things about this scheme is that the institutional investors — and there are many more than the primary four we’ve focused on here — also own each other. They’re all shareholders in each other’s companies.


At the top of the pyramid — the largest Russian doll of all — we find Vanguard and Blackrock.


“Together, they form an immense network that we can compare to a pyramid,” Gielen says. Smaller institutional investors, such as Citibank, ING and T. Rowe Price, are owned by larger investment firms such as Northern Trust, Capital Group, 3G Capital and KKR.

Those investors in turn are owned by even larger investment firms, like Goldman Sachs and Wellington Market, which are owned by larger firms yet, such as Berkshire Hathaway and State Street. At the top of the pyramid — the largest Russian doll of all — we find Vanguard and Blackrock.

“The power of these two companies is something we can barely imagine,” Gielen says. “Not only are they the largest institutional investors of every major company on earth, they also own the other institutional investors of those companies, giving them a complete monopoly.”

Gielen cites data from Bloomberg, showing that by 2028, Vanguard and BlackRock are expected to collectively manage $20 trillion-worth of investments. In the process, they will own almost everything on planet Earth.

BlackRock — The Fourth Branch of Government

Bloomberg has also referred to BlackRock as the “fourth branch of government,” due to its close relationship with the central banks. BlackRock actually lends money to the central bank, the federal reserve, and is their principal adviser.

Dozens of BlackRock employees have held senior positions in the White House under the Bush, Obama and Biden administrations. BlackRock also developed the computer system that the central banks use.

Who Owns BlackRock?

While Larry Fink is the figurehead of BlackRock, being its founder, chairman and chief executive officer, he’s not the sole decision maker, as BlackRock too is owned by shareholders. Here we find yet another curiosity, as the largest shareholder of BlackRock is Vanguard.

“This is where it gets dark,” Gielen says. Vanguard has a unique structure that blocks us from seeing who the actual shareholders are. “The elite who own Vanguard don’t want anyone to know they are the owners of the most powerful company on earth.” Still, if you dig deep enough, you can find clues as to who these owners are.

The owners of the wealthiest, most powerful company on Earth can be expected to be among the wealthiest individuals on earth. In 2016, Oxfam reported that the combined wealth of the richest 1% in the world was equal to the wealth of the remaining 99%. In 2018, it was reported that the world’s richest people get 82% of all the money earned around the world in 2017.

In reality, we can assume that the owners of Vanguard are among the 0.001% richest people on the planet. According to Forbes, there were 2,075 billionaires in the world as of March 2020. Gielen cites Oxfam data showing that two-thirds of billionaires obtained their fortunes via inheritance, monopoly and/or cronyism.

“This means that Vanguard is in the hands of the richest families on earth,” Gielen says. Among them we find the Rothschilds, the DuPont family, the Rockefellers, the Bush family and the Morgan family, just to name a few.

Many belong to royal bloodlines and are the founders of our central banking system, the United Nations and just about every industry on the planet. Gielen goes even further in his documentary, so I highly recommend watching it in its entirety. I’ve only summarized a small piece of the whole film here.

A Financial Coup D’etat

Speaking of the central bankers, I recently interviewed finance guru Catherine Austin Fitts, and she believes it’s the central bankers that are at the heart of the global takeover we’re currently seeing. She also believes they are the ones pressuring private companies to implement the clearly illegal COVID jab mandates. Their control is so great, few companies have the ability to take a stand against them.

“I think [the central bankers] are really depending on the smart grid and creepy technology to help them go to the last steps of financial control, which is what I think they're pushing for,” she said.

“What we've seen is a tremendous effort to bankrupt the population and the governments so that it's much easier for the central bankers to take control. That's what I've been writing about since 1998, that this is a financial coup d'etat.

Now the financial coup d'etat is being consolidated, where the central bankers just serve jurisdiction over the treasury and the tax money. And if they can get the [vaccine] passports in with the CBDC [central bank digital currency], then it will be able to take taxes out of our accounts and take our assets. So, this is a real coup d'etat.”

The Spartacus Letter

Again, I urge you to watch the documentary at the top of this article, and keep an eye out for my interview with Austin Fitts, which will be published in the near future. In closing, I want to highlight a mysterious letter posted by an anonymous individual who goes by the name “Spartacus.”

“COVID-19 — The Spartacus Letter” was originally posted on docdroid.net, but has since been deleted.1 The Automatic Earth2 and ZeroHedge3 have also published the letter in full. The letter starts out saying, “My name is Spartacus, and I’ve had enough”:

“We are watching the medical establishment inject literal poison into millions of our fellow Americans without so much as a fight. We have been told that we will be fired and denied our livelihoods if we refuse to vaccinate. This was the last straw.”

What follows is a compilation of data showing the COVID pandemic was a biowarfare attack that has been kept going using sophisticated psychological warfare tactics. It also reviews the dangers of the COVID shots, noting that the virus and the “vaccines” were made by the same entities.

A summary of Spartacus’ findings is as follows. Each summary point is elaborated upon in later sections of the letter, which you can read in any of the three references provided.

  • COVID-19 is a blood and blood vessel disease. SARS-CoV-2 infects the lining of human blood vessels, causing them to leak into the lungs.
  • Current treatment protocols (e.g. invasive ventilation) are actively harmful to patients, accelerating oxidative stress and causing severe VILI (ventilator-induced lung injuries). The continued use of ventilators in the absence of any proven medical benefit constitutes mass murder.
  • Existing countermeasures are inadequate to slow the spread of what is an aerosolized and potentially wastewater-borne virus, and constitute a form of medical theater.
  • Various non-vaccine interventions have been suppressed by both the media and the medical establishment in favor of vaccines and expensive patented drugs.
  • The authorities have denied the usefulness of natural immunity against COVID-19, despite the fact that natural immunity confers protection against all of the virus’s proteins, and not just one.
  • Vaccines will do more harm than good. The antigen that these vaccines are based on, SARS-CoV-2 Spike, is a toxic protein. SARS-CoV-2 may have ADE, or antibody-dependent enhancement; current antibodies may not neutralize future strains, but instead help them infect immune cells. Also, vaccinating during a pandemic with a leaky vaccine removes the evolutionary pressure for a virus to become less lethal.
  • There is a vast and appalling criminal conspiracy that directly links both Anthony Fauci and Moderna to the Wuhan Institute of Virology.
  • COVID-19 vaccine researchers are directly linked to scientists involved in brain-computer interface (‘neural lace’) tech, one of whom was indicted for taking grant money from China.
  • Independent researchers have discovered mysterious nanoparticles inside the vaccines that are not supposed to be present.
  • The entire pandemic is being used as an excuse for a vast political and economic transformation of Western society that will enrich the already rich and turn the rest of us into serfs and untouchables.

A Criminal Conspiracy

It’s a long letter, so I won’t reproduce the whole thing here. However, the following sections are of particular interest, with regard to a criminal elite that is orchestrating the destruction of life as we know it, in an effort to usher in a technocracy-led system of global governance and control:4

“In November of 2019, three technicians at the Wuhan Institute of Virology developed symptoms consistent with a flu-like illness. Anthony Fauci, Peter Daszak, and Ralph Baric knew at once what had happened, because back channels exist between this laboratory and our scientists and officials.

December 12th, 2019, Ralph Baric signed a Material Transfer Agreement (essentially, an NDA) to receive Coronavirus mRNA vaccine-related materials co-owned by Moderna and NIH.

It wasn’t until a whole month later, on January 11th, 2020, that China allegedly sent us the sequence to what would become known as SARS-CoV-2. Moderna claims, rather absurdly, that they developed a working vaccine from this sequence in under 48 hours.

Stephane Bancel, the current CEO of Moderna, was formerly the CEO of bioMerieux, a French multinational corporation specializing in medical diagnostic tech, founded by one Alain Merieux. Alain Merieux was one of the individuals who was instrumental in the construction of the Wuhan Institute of Virology’s P4 lab.

The sequence given as the closest relative to SARS-CoV-2, RaTG13, is not a real virus. It is a forgery. It was made by entering a gene sequence by hand into a database, to create a cover story for the existence of SARS-CoV-2, which is very likely a gain-of-function chimera produced at the Wuhan Institute of Virology and was either leaked by accident or intentionally released. The animal reservoir of SARS-CoV-2 has never been found.

This is not a conspiracy ‘theory.’ It is an actual criminal conspiracy, in which people connected to the development of Moderna’s mRNA-1273 are directly connected to the Wuhan Institute of Virology and their gain-of-function research by very few degrees of separation, if any. The paper trail is well- established.

The lab-leak theory has been suppressed because pulling that thread leads one to inevitably conclude that there is enough circumstantial evidence to link Moderna, the NIH, the WIV, and both the vaccine and the virus’s creation together.

In a sane country, this would have immediately led to the world’s biggest RICO and mass murder case. Anthony Fauci, Peter Daszak, Ralph Baric, Shi Zhengli, and Stephane Bancel, and their accomplices, would have been indicted and prosecuted to the fullest extent of the law. Instead, billions of our tax dollars were awarded to the perpetrators.

The FBI raided Allure Medical in Shelby Township north of Detroit for billing insurance for ‘fraudulent COVID-19 cures.’ The treatment they were using? Intravenous Vitamin C. An antioxidant. Which, as described above, is an entirely valid treatment for COVID-19-induced sepsis, and indeed, is now part of the MATH+ protocol advanced by Dr. Paul E. Marik.

The FDA banned ranitidine (Zantac) due to supposed NDMA (N-nitrosodimethylamine) contamination. Ranitidine is not only an H2 blocker used as antacid, but also has a powerful antioxidant effect, scavenging hydroxyl radicals. This gives it utility in treating COVID-19.

The FDA also attempted to take N-acetylcysteine, a harmless amino acid supplement and antioxidant, off the shelves, compelling Amazon to remove it from their online storefront. This leaves us with a chilling question: did the FDA knowingly suppress antioxidants useful for treating COVID-19 sepsis as part of a criminal conspiracy against the American public?

The establishment is cooperating with, and facilitating, the worst criminals in human history, and are actively suppressing non-vaccine treatments and therapies in order to compel us to inject these criminals’ products into our bodies ...

Conclusions: The current pandemic was produced and perpetuated by the establishment, through the use of a virus engineered in a PLA-connected Chinese biowarfare laboratory, with the aid of American taxpayer dollars and French expertise ...

Either through a leak or an intentional release from the Wuhan Institute of Virology, a deadly SARS strain is now endemic across the globe, after the WHO and CDC and public officials first downplayed the risks, and then intentionally incited a panic and lockdowns that jeopardized people’s health and their livelihoods.

This was then used by the utterly depraved and psychopathic aristocratic class who rule over us as an excuse to coerce people into accepting an injected poison which may be a depopulation agent, a mind control/pacification agent in the form of injectable ‘smart dust,’ or both ...

They believe they can get away with this by weaponizing the social stigma of vaccine refusal. They are incorrect. Their motives are clear and obvious to anyone who has been paying attention.

These megalomaniacs have raided the pension funds of the free world. Wall Street is insolvent and has had an ongoing liquidity crisis since the end of 2019. The aim now is to exert total, full-spectrum physical, mental, and financial control over humanity before we realize just how badly we’ve been extorted by these maniacs. The pandemic and its response served multiple purposes for the Elite:

  • Concealing a depression brought on by the usurious plunder of our economies conducted by rentier-capitalists and absentee owners who produce absolutely nothing of any value to society whatsoever ...
  • Destroying small businesses and eroding the middle class.
  • Transferring trillions of dollars of wealth from the American public and into the pockets of billionaires and special interests.
  • Engaging in insider trading, buying stock in biotech companies and shorting brick-and-mortar businesses and travel companies, with the aim of collapsing face-to-face commerce and tourism and replacing it with e-commerce and servitization.
  • Creating a casus belli for war with China, encouraging us to attack them, wasting American lives and treasure and driving us to the brink of nuclear Armageddon.
  • Establishing technological and biosecurity frameworks for population control and technocratic- socialist ‘smart cities’ where everyone’s movements are despotically tracked, all in anticipation of widespread automation, joblessness, and food shortages, by using the false guise of a vaccine to compel cooperation.

... The Elites are trying to pull up the ladder, erase upward mobility for large segments of the population, cull political opponents and other ‘undesirables,’ and put the remainder of humanity on a tight leash, rationing our access to certain goods and services that they have deemed ‘high-impact,’ such as automobile use, tourism, meat consumption, and so on.

Naturally, they will continue to have their own luxuries, as part of a strict caste system akin to feudalism. Why are they doing this? Simple. The Elites are Neo-Malthusians and believe that we are overpopulated and that resource depletion will collapse civilization in a matter of a few short decades.

They are not necessarily incorrect in this belief. We are overpopulated, and we are consuming too many resources. However, orchestrating such a gruesome and murderous power grab in response to a looming crisis demonstrates that they have nothing but the utmost contempt for their fellow man.

To those who are participating in this disgusting farce without any understanding of what they are doing, we have one word for you. Stop. You are causing irreparable harm to your country and to your fellow citizens.

To those who may be reading this warning and have full knowledge and understanding of what they are doing and how it will unjustly harm millions of innocent people, we have a few more words. Damn you to hell. You will not destroy America and the Free World, and you will not have your New World Order. We will make certain of that.”

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Comment by carol ann parisi on April 29, 2023 at 5:06pm

JPMorgan, PNC To Buy First Republic After FDIC Seizure First Leaves Taxpayers Holding The Toxic Stuff

BY TYLER DURDEN
FRIDAY, APR 28, 2023 - 07:10 PM
Update (2210ET):  As the weekend begins, the WSJ reports late on Friday that big banks including JPMorgan and PNC are set to buy First Republic Bank but not in a private, market-arranged deal but rather in a transaction that would follow a government seizure of the troubled lender. A seizure and sale of First Republic, which would wipe out the equity of FRC and potentially impose losses on creditors, could come as soon as this weekend, the WSJ sources said.
 
And so JPM, which is already the largest US bank is about to get even bigger, by scooping up all the good FRC assets while leaving US taxpayer holdings on to the toxic ones.
 
That said, it wasn't immediately clear whether the $30 billion in deposits funneled by JPM and other banks into FRC will be treated as insured funds (why should they should be insured?), nor was it clear how a wipeout of this capital, which would spark a systemic crisis simply because the Fed is now running policy of "monetary tightening through bank collapse", having failed to contain inflation and tighten policy using conventional means.
 
 

* * *
 
Update (1640ET): As many expected given the intraday collapse of FRC, Reuters reports after the bell that The FDIC will imminently the bank into receivership.
 
Shares collapsed to a $1 handle in the after hours trading, down 70% on the day...
 
FRC was trading at $120 at the start of March... and now it's trading close to $1.20...
 
 

...Aaaaand it's gone...
 
*  *  *
 
Update (1045ET): First Republic Bank shares are halted for volatility having collapsed 50% back to record lows as hopes of a 'private' deal fade...
 
Former Treasury Secretary Lawrence Summers criticized Washington regulators and US banking giants for not having already figured out a solution for the beleaguered lender First Republic Bank.
 
“I’m surprised and disappointed that this situation has continued to linger as long as it has, with the bank’s stock down 95%” and credit gauges deteriorating, Summers said on Bloomberg Television’s “Wall Street Week” with David Westin.
 
“I hope that between the banks, the FDIC, the other public authorities, that the best way forward will be found within the next week or 10 days.”
 
 

“These are things like forest fires, it is much easier to prevent them than it is to contain them after they start to spread,” Summers said.
 
He didn’t offer a preference for either an FDIC takeover or “some private sector oriented” workout.
 
“But we need to figure out the answer to that question as quickly as possible and move on.”
 
Imagine the deposit outflows occurring today!
 
'The question now is simple - will they make it to the close without the FDIC stepping in?
 
*  *  *
 
The First Republic farce rolls on...
 
 

After reporting dramatically worse deposit outflows (and aggregate banking system flows suggesting things are getting worse, not better in April), The FT reports that there had been a shift in tone among the First Republic Bank’s advisers compared with Tuesday and Wednesday when First Republic's shares fell 65 per cent and fears grew that it was close to being taken over by the FDIC.
 
The conversations about the bank reportedly remain fraught, and the people cautioned that it was not clear that a solution would be found.
 
The banks are reluctant to put their shareholders at risk of losses without some sort of government participation.
 
Which is notable since Reuters reports that, according to three sources familiar with the situation, US officials are coordinating urgent talks to rescue the beleaguered regional bank as private-sector efforts led by the bank's advisers have yet to reach a deal.
 
The government's involvement (and presumably some hope of backstopping commitments) is reportedly helping bring more parties, including banks and private equity firms, to the negotiating table, one of the sources added.
 
Reuters adds though that it is unclear whether the U.S. government is considering participating in a private-sector rescue of First Republic.
 
However, the government's engagement, however, has emboldened First Republic executives as they scramble to put together a deal that would avoid a takeover by U.S. regulators.
 
Specifically, The FT reports that one proposal that may be part of an eventual solution is for some of the banks to buy some of First Republic’s long-dated assets for more than their current market price, allowing the lender to shrink its losses.
 
But people familiar with the situation say that this would probably not be enough to stabilize First Republic on its own.
 
Bear in mind that the 'Big Banks' have $30 billion in deposits at the embattled bank... so the FDIC has a problem already.
 
FRC Bonds ain't buying it at all...
 
First Republic shares were up around 5% in the pre-market, but have already erased the earlier stronger gains...
 
Just to put that into context, here's FRC this week...
 
Finally, First Republic Bank’s membership in the S&P 500 Index could be in jeopardy after the troubled bank’s stock set a new all-time low on Wednesday that briefly pushed its market capitalization below $1 billion.
 
At roughly $1.2 billion, FRC has by far the smallest market cap in the S&P 500 after wiping out more than $21 billion in market value. As Bloomberg notes, this is a problem because companies must have a market cap of at least $12.7 billion to be considered for inclusion in the S&P 500.
 
Comment by carol ann parisi on April 20, 2023 at 7:47am

The true data on the coronavirus is out: the actual death rate is only 0.26%, masks do not decrease transmission among population, it is extremely rare for asymptomatic people to spread the virus and it does not spread easily from touching surfaces or objects as was stated for months. Hydroxychloroquine does help resolve COVID-19 and the Lancet and NEJM retracted their negligent claims to the contrary. It’s time to let go of the fear of how others perceive you when you stand up for medical rights.

Comment by carol ann parisi on April 11, 2023 at 3:56pm

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