In this fourth installment the author focuses his penetrating intellect on the people ensconced in the powerful core financial institutions of the capitalist world, the small fraction of the one percent, to reveal where real power lies hidden from the eyes of the 99 Percent. He has devoted most attention on the biggest bank to illustrate the international nature of this ruling class.
Not only is JPMorgan Chase the biggest bank in the world with over $4 trillion in assets, but its power and influence extends far beyond financial matters. It is a major political force in the world, highly integrated within the network of global elites who make up the plutocratic ruling class. As the subject of study for the Global Power Project, I examined 55 people at JPMorgan Chase, including all members of the executive committee, the board of directors and the international advisory council.