12 groups 'control 60% of Israel' by Aaron Klein

The groups reportedly achieved tight economic ownership by structuring their companies in pyramid-style, putting top holding companies in charge of smaller companies that all are beholden ultimately to the 12 groups. The U.S. largely eliminated this style of privatized influence nearly 80 years ago through a series of restrictions on ownership and the implementation of double taxation of dividends paid by a company to its parent organization.