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Joined 1 year ago
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Cake day: July 19th, 2023

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  • Woah. Do u know if this paper talks about, or speculates on how large the interest is, serving the perpetuation of the perceived need for beneficial ownership via Cede and Co. (too ironic right?)?

    I don’t have hard sources, but it seems very clear that basically in the 60’s, majority of ownership (80/20) of securities was via individuals. By the time the 80s came along, it flipped to institutional ownership being strong majority. Makes u wonder y the wealth gap takes off exponentially once institutions took over majority of ownership? Also, it can basically be traced that this evolution of ownership and networks of institutional middle-men was cooked up by BCG in the 60s. The beginning of BCG and the likes earning their place as some of the most powerful worst of the worst.

    Also points to y one of the big 5 banks is on record basically threatening a smaller company that found an angle to making share-lending more ‘fair’ ‘transparent’ etc. “hey, it’s a good business idea, and totally legal to try to shake up the industry. But I’d have someone else start my car from now on”……I’m paraphrasing, and would have to dig to find the exact real happening.

    But the point is that the interest to keep things only beneficially owned by individuals is most likely the only real reason we don’t see proper change back to individual ownership (for lack of better words). It’s my opinion that majority institutional ownership is the bread-and-butter to all financial market corruption via ‘this is what enables the club to move markets however they want whenever they want’ essentially.


  • U seem to be clearly new, and haven’t watched that counter grow from the very beginning……I think we may have a live one here folks….or a trusmooth that needs to mirror up and do gutcheck on what this play really is

    Edit add: I c ur not new, but maybe just a pompous trusmooth……dude, this one is symbolic as fuck. Ur realism, is lack of gusto and unnecessarily jaded or just very wrong imo. I recognize we just may be on the opposite sides of the same coin, and I’m alright with that. But I would ask u to check urself, and filter what u think is fact a bit more…cuz I think I could argue lots of what u’ve stated as fact as incorrect