BlackRock is one of the 4 corporations that own almost every company on the US and European market. They have representatives who sit as directors of the World Bank and the US Federal Reserve. They are not our saviors, they are part of the foundation of everything that is Capitalist corporatocracy. They are the "deciders". If they are suing such lowly banks that they or their other 3 super-corporation buddies probably own, it's a farce in shit clothing.
It's to calm the masses and make them feel... listened to.
BlackRock
FMR (Fidelity)
State Street Corporation
Vanguard Group
The eight largest U.S. financial companies (JP Morgan, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, U.S. Bancorp, Bank of New York Mellon and Morgan Stanley) are 100% controlled by ten shareholders and we have four companies always present in all decisions: BlackRock, State Street, Vanguard and Fidelity.
The Federal Reserve is comprised of 12 banks, represented by a board of seven people, which comprises representatives of the these four corporations, which in turn are present in all other entities. So it seems the Federal Reserve is controlled by four large private companies: BlackRock, State Street, Vanguard and Fidelity. These companies control U.S. monetary policy (and world) without any control or "democratic" choice.
These are some of the companies controlled by these 4 corporations:
Alcoa Inc. - Altria Group Inc. - American International Group Inc. - AT&T Inc. - Boeing Co. - Caterpillar Inc. - Coca-Cola Co. - DuPont & Co. - Exxon Mobil Corp. - General Electric Co. - General Motors Corporation - Hewlett-Packard Co. - Home Depot Inc. - Honeywell International Inc. - Intel Corp. - International Business Machines Corp - Johnson & Johnson - JP Morgan Chase & Co. - McDonald's Corp. - Merck & Co. Inc. - Microsoft Corp. - 3M Co. - Pfizer Inc. - Procter & Gamble Co. - United Technologies Corp. - Verizon Communications Inc. - Wal-Mart Stores Inc. - Time Warner - Walt Disney - Viacom - Rupert Murdoch's News Corporation. - CBS Corporation - NBC Universal
Sorry, but I see nothing but propaganda in this suit. It's all show. If you sue yourself it doesn't matter which side you're on, it's win/win.
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