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The unknown 20 trillion dollar company
11-11-2011, 04:43 PM #1
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
There is a busy little private company you probably never have heard about, but which you should. Its name is the Depository Trust & Clearing Corporation. See their website. Looks pretty boring. Some kind of financial service thing, with a positive slogan and out there to make a little business. You can even get a job there. Now, go and take a look at their annual report. Starts with a nice litte Flash presentation and has a nice message from the CEO. And take a look at the numbers. It turns out that this company holds 23 trillion dollars in assets, and had 917 trillion dollars worth of transactions in 2002. That's trillions, as in thousands of thousands of millions. 23,000,000,000,000 dollars in assets.

As it so turns out, it is not because DTCC has a nice website and says good things about saving their customers money that they are trusted with that kind of resources. Rather it is because they seem to have a monopoly on what they do. In brief, they process the vast majority of all stock transactions in the United States as well as for many other countries. And - and that's the real interesting part - 99% of all stocks in the U.S. appear to be legally owned by them.

more...
http://camrhon.proboards.com/index.cgi?b...hread=5201

Sorta like MERS but with DTCC owning the house you are paying for AND you voluntarily transfered ownership to them.Wow ğkking wow.
11-11-2011, 04:59 PM #2
Kreeper Griobhtha
Posts:10,847 Threads:655 Joined:Feb 2011
One company running it all?






bored.gif

Politicians hide themselves away
They only started the war
Why should they go out to fight?
They leave that role to poor
11-11-2011, 06:55 PM #3
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
bump.gif
11-11-2011, 07:29 PM #4
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,572 Threads:1,443 Joined:Feb 2011
reading.gif Great find Shadow, this is going to take me a while to read and digest all this.

wonder.gif
11-11-2011, 07:31 PM #5
Octo Mother Superior
Posts:43,357 Threads:1,482 Joined:Feb 2011
This shït just fails to surprise me anymore gaah.gif If you can come up with the most fantastic conspiracy theory it's probably a fully functioning business idea somewhere already damned.gif



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