Scale of Wall Street Holdings Are “Unprecedented in U.S. History”

Senate Report: Scale of Wall Street Holdings Are “Unprecedented in U.S. History”Last Thursday, the U.S. Senate’s Permanent Subcommittee on Investigations, chaired by Senator Carl Levin, released an alarming 396-page report that details how Wall Street’s too-big-to-fail banks have quietly, and often stealthily through shell companies, gained ownership of a stunning amount of the nation’s critical industrial commodities like oil, aluminum, copper, natural gas, and even uranium.

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