Sunday, October 23, 2011

The Real Big Brother: The 147 Companies That Control Everything - Forbes


Visualizing the "super entity." From: New Scientist

The 147 Companies That Control Everything - Forbes:
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions.
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