[Vermont Lt]

The funny thing is that some of these investment groups hold huge positions from 401(k) and pension accounts.

So, in the end the guy next to you on the assembly line—or the woman changing the sheets in the hospital, own America.

[Grampa Dave]

Add IRA to your first line.

Then, any of us with an IRA, Keough, or 401k own those shares.

[x]

That was Ron Chernow's argument in The Death of the Banker, a blessedly short book about how mutual funds have replaced banking dynasties like the Morgans, Rothschilds, and Warburgs. But there's still a lot of resentment against big stock market operators.