Saturday, August 29, 2009

Most of Worlds money is at mercy of few Mutual Funds,Bans and Financial Corporations

A recent analysis of the 2007 financial markets of 48 countries has revealed that the world's finances are in the hands of just a few mutual funds, banks, and corporations. This is the first clear picture of the global concentration of financial power, and point out the worldwide financial system's vulnerability as it stood on the brink of the current economic crisis.

Read on ..