📺 Video Summary: "The Big Three That Own Everything"

🏖️ The Premise

• A casual day leads you to book a trip: Airbnb, Uber, iPhone alarm, McDonald’s breakfast, Coca-Cola, and an American Airlines flight.
• You don’t realize it, but all these companies are connected—owned or heavily invested in by the same small group of financial institutions.

🧱 The Pyramid of Corporate Power

• The modern corporate world is described as a networked pyramid, with smaller companies controlled by larger ones.
• At the top of this pyramid sit three massive investment firms:
  • BlackRock
  • Vanguard
  • State Street

💰 Scope of Their Power

• Collectively manage over $30 trillion in assets—more than any sovereign wealth fund or hedge fund industry.
• Hold significant shares in:
  • 90% of S&P 500 companies
  • Global leaders in tech, media, pharma, banking, airlines, food, retail, and energy
  • Companies such as Google, Amazon, Disney, Pfizer, Apple, Microsoft, Facebook, Visa, Mastercard, etc.
• These funds appear on nearly every major public company’s shareholder list.

🏛️ Conflict of Interest Allegations

• BlackRock is portrayed as particularly powerful:
  • Consults with central banks (especially the Federal Reserve)
  • Audits companies it also invests in
  • Was chosen to manage the Fed’s Emergency Asset Purchase Program in 2020—buying its own funds
• Claim: Conflict of interest is denied by separating operations into different business units—but concerns remain.

👤 Leadership & Influence