The New “Water Barons”: Wall Street Mega-Banks are Buying up the World’s Water

The New “Water Barons”: Wall Street Mega-Banks are Buying up the World’s Water

This article was first published on December 21, 2012, by Market Oracle and Global Research

A disturbing trend in the water sector is accelerating worldwide. The new “water barons” — the Wall Street banks and elitist multibillionaires — are buying up water all over the world at unprecedented pace.

Familiar mega-banks and investing powerhouses such as Goldman Sachs, JP Morgan Chase, Citigroup, UBS, Deutsche Bank, Credit Suisse, Macquarie Bank, Barclays … [more…]

New “Water Barons”: Wall Street Mega-Banks Buying the World’s Water

This article was first published on December 21, 2012 by Market Oracle and Global Research

A disturbing trend in the water sector is accelerating worldwide. The new “water barons” — the Wall Street banks and elitist multibillionaires — are buying up water all over the world at unprecedented pace.

photo: tap water. Investors and institutions appear to be buying water rights and related businesses and resources around the world. Is water the new oil?

Familiar mega-banks and investing powerhouses such as Goldman Sachs, JP Morgan Chase, Citigroup, UBS, Deutsche Bank, Credit Suisse, Macquarie Bank, Barclays … [more…]