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nydus/Other People's Money, and How the Bankers Use ItPublic
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Table of Contents

CHAPTER II HOW THE COMBINERS COMBINE

“Thirty directorships in 10 insurance companies having total assets of $2,293,000,000.

“One hundred and five directorships in 32 transportation systems having a total capitalization of $11,784,000,000 and a total mileage (excluding express companies and steamship lines) of 150,200.

“Sixty-three directorships in 24 producing and trading corporations having a total capitalization of $3,339,000,000.

“Twenty-five directorships in 12 public-utility corporations having a total capitalization of $2,150,000,000.

“In all, 341 directorships in 112 corporations having aggregate resources or capitalization of $22,245,000,000.”

TWENTY-TWO BILLION DOLLARS

Twenty-two billion dollars is a large sum—so large that we have difficulty in grasping its significance. The mind realizes size only through comparisons. With what can we compare twenty-two billions of dollars? Twenty-two billions of dollars is more than three times the assessed value of all the property, real and personal, in

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