Fri 24 Feb 2006
Intermediaries Now Control Corporate America
Over 55% of the equity shares of U.S. corporations which belong, in the final analysis, to U.S. households and nonprofit organizations, are held indirectly through intermediaries, such as life insurance companies, private pension funds, government retirement funds, and mutual funds. (See: Federal Reserve Flow of Funds Table B100e. ) The graph shows how the voting […]
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