The Bank That Owns BlackRock

Conspiracy Theory Or Not? Controlling Minds Since 1952

Step into the shadows of the unexplained with our latest podcast series, where each episode draws you deeper into a world of chilling tales and unsolved mysteries. From the eerie echoes of haunted locales to the cryptic clues left by those who vanished without a trace, this show unravels the darkest threads of the human experience. Join us as we explore unsettling legends and true crime stories that have puzzled experts for decades. With gripping narratives and expert interviews, each episode promises to leave you questioning what is real and what lurks in the corners of your mind. Dare to dive into the abyss of the unknown? Tune in and prepare to be haunted by the mysteries that defy explanation.

• (01:10) Bank of America, founded by Italian immigrants, potentially becomes the largest banking entity with $2.7 trillion in assets through a proposed merger, gaining control over Merrill Lynch and consequently almost half of BlackRock, a major asset manager.
• (01:51) The acquisition raises concerns about BlackRock's market dominance, especially in real estate, contributing to a global housing crisis. Ken Lewis of Bank of America sees the power in acquiring Merrill Lynch, which includes significant stakes in BlackRock.
• (03:29) During the 2008 financial crisis, private meetings and negotiations occur, focusing on finding solutions for Lehman Brothers without government aid. Meanwhile, Ken Lewis considers acquiring Lehman but ultimately focuses on Merrill Lynch due to its dire condition.
• (05:52) John Thain, CEO of Merrill Lynch, proposes a deal to Bank of America to acquire Merrill shares. The discussion between Treasury Secretary Hank Paulson and Ken Lewis leads to Bank of America's agreement to purchase Merrill Lynch for $50 billion, including significant ownership in BlackRock.
• (07:22) The acquisition positions Bank of America as a dominant financial force with substantial control over BlackRock, impacting global financial markets and leading to strategic corporate maneuvering amid the ongoing financial crisis and regulatory challenges.
• Open your eyes sheeople