How Blackrock-Vanguard dominate the World.

How Blackrock and Vanguard dominate the economies.

https://portside.org/2022-03-08/how-blackrock-vanguard-and-ubs-are-screwing-world

 

Hearings on U.S. Oligarchy

Warren to Testify at Sanders-Led Hearing on Threat of US Oligarchy  Jessica Corbett  February 15, 2022 Common Dreams The Senate Budget Committee will examine Wall Street greed through the case study of Warrior Met Coal in Alabama, where workers have been on strike for nearly a year. Sen. Elizabeth Warren (D-Mass.) speaks during a Senate Finance Committee hearing on February 23, 2021 in Washington, D.C., Greg Nash/Pool/AFP via Getty Images   US Senate Budget Committee Chair Bernie Sanders revealed Tuesday that Sen. Elizabeth Warren will testify this week at the panel's hearing on "Wall Street greed and growing oligarchy in America." The Massachusetts Democrat, a former bankruptcy law professor, joins four other previously announcedwitnesses: Cecil Roberts, international president of the United Mine Workers of America (UMWA); Braxton Wright, a Warrior Met Coal employee and member of UMWA Local 2368; economist Nomi Prins; and University of Connecticut law professor James Kwak. The Thursday morning hearing organized by Sanders (I-Vt.)—titled "Warrior Met and Wall Street Greed: What Corporate Raiders are Doing to Workers and Consumers"—will use the fossil fuel company and its striking workers as a case study. Warrior Met Coal employees affiliated with UMWA have been on strike in Alabama for 11 months, fighting for better benefits, pay, and working conditions. Sanders and Warren joined with Sen. Tammy Baldwin (D-Wis.) for November letters to the private equity firms that they said "made off like bandits" after taking over Warrior Met, at the expense of workers. The trio also sent a letter to BlackRock—the world's largest asset manager–last month, calling on the firm to publicly pressure Warrior Met to "negotiate in good faith and agree to a reasonable contract that treats workers with dignity and respect."