DAS KAPITAL: ‘Crony Capitalism’, Facebook & Monsanto Top Shareholders Are Identical (Archive)

Source – jonrappoport.wordpress.com

‘…Monsanto and Facebook illustrates how, at the top of the food chain, there is connected wealth. These investment funds can, if they choose to, intercede in companies’ proxy votes to alter company policy. And of course, in case a company decides to take a controversial stance on a political issue, or introduce a new product that would disrupt the foundations of the economic status quo, the investment funds can exert punishment”

SM:…Yes, Monsanto was recently purchased by the transnational German conglomerate Bayer, making the nice closed circle of crony capitalist just that much tighter…

Seven of the top 12 shareholders of Facebook and Monsanto are identical – By Jon Rappoport 

Even more to the point, three of the top five shareholders are the same.

The top shareholder, at the moment, in Monsanto is The Vanguard Group, which is number two on the list of top Facebook shareholders.

FMR, LLC, is the number one Facebook shareholder. For Monsanto, it’s number two.

The State Street Corporation is the number three shareholder for both Facebook and Monsanto.

BlackRock Institutional Trust Company is Monsanto’s number five shareholder, and ranks at number four for Facebook.

Yes, these are all investment funds, and they spread their enormous money around. They own shares of many, many publicly traded companies

But the comparison of Monsanto and Facebook illustrates how, at the top of the food chain, there is connected wealth. These investment funds can, if they choose to, intercede in companies’ proxy votes to alter company policy.

And of course, in case a company decides to take a controversial stance on a political issue, or introduce a new product that would disrupt the foundations of the economic status quo, the investment funds can exert punishment:

Suddenly selling off millions of shares and avoiding the company like poison would have a severely negative effect.

As long as these companies proceed with business as usual, there’s really nothing to notice. The system hums in its normal way. And that’s the whole point. Don’t rock the boat.

Facebook operating as a consumer self-spying machine, laying out people’s personal details? Monsanto taking over the food supply with its dangerous and toxic GMO-pesticide technology?

No problem.

That’s business as usual. And the same top investment funds will continue to hold millions of shares in both companies. Because both companies are part of the same overall system.

That’s “normal.”

You have a company that intends to launch a new cheap energy technology that would revolutionize the planet? Or a natural plant-based treatment for cancer that actually works, with no devastating adverse effects? And you’re going to go public and look for vital and necessary support from investment funds?

That’s a whole other issue. That’s definitely not normal. Watch out.

You’ve got torpedoes heading your way

http://jonrappoport.wordpress.com/2014/03/22/facebook-and-monsanto-top-shareholders-are-identical/

 

 

 

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