Dean Henderson: The Four Horsemen of Banking!

If you want to know where the true power center of the world lies, follow the money, cui bono. According to Global Finance magazine, as of 2012, the world's five biggest banks are all based in Rothschild fiefdoms UK and France. They are the French BNP, with $3 trillion in assets, Royal Bank of Scotland with $2.7 trillion, the UK based HSBC Holdings with $2.4 trillion, the French Credit Agricole with $2.2 trillion, and the British Barclay's with $2.2 trillion. In the US, a combination of deregulation and merger mania has left four mega banks ruling the financial roost. According to Global Finance, as of 2010 they are Bank of America with $2.2 trillion, JP Morgan Chase with $2 trillion, Citigroup with $1.9 trillion, Citigroup with $1.9 trillion, and Wells Fargo with $1.25 trillion. I have dubbed them the Four Horsemen of US banking. The September 2000 marriage which created JP Morgan Chase was the grandest merger in a frenzy of bank consolidation that took place throughout the 1990's. Merger mania was fed by a massive deregulation of the banking industry, including revocation of the Glass Steagal Act of 1933, which was enacted after the Great Depression, to curb the banking monopolies which had caused the 1929 stock market crash and precipitated the Great Depression. In July 1929,  Goldman Sachs launched two investment trusts called Shenandoah and Blue Ridge. Through August and September, they touted these trusts to the public, selling hundreds of millions of dollars worth of shares through the Goldman Sachs Trading Corporation at $104/share. Goldman Sachs insiders were bailing out of the stock market. Shenandoah and Blue Ridge was Sullivan & Cromwell lawyer John Foster Dulles. John Merrill, founder of Merrill Lynch, exited the stock market in 1928, as did insiders at Lehman Brothers. Chase Manhattan Chairman Alfred Wiggin took his hunch to the next level, forming Shermar Corporation in 1929 to short the stock of his own company. Following the Crash of 1929, Citibank President Charles Mitchell was jailed for tax evasion.