In 2010, the world’s top 10 financial institutions -- which today include the U.S.’s Goldman Sachs and JPMorganChase, as well as Switzerland’s UBS and Credit Suisse -- controlled about half of this amount. At least seven of these top 10 institutions received huge bailouts in the wake of the financial crisis, Henry said.
“This isn’t a bunch of shady third-world banks -- these are some of the premier institutions in the world,†Henry said. “JP Morgan, Citibank, Barclays, UBS -- the top 10 to 20 banks these are some of the ones who received most of the financial bailout, who were involved in the mortgage fiasco, the Libor rates scandal.â€

