Yes, pension funds do have investments in a lot of things. Some did own banking shares, too, though banks were not 99% owned by pensioners. Holding bank shares

Yes, pension funds do have investments in a lot of things. Some did own banking shares, too, though banks were not 99% owned by pensioners. Holding bank shares is a suckers' game, however. Real money is made in bonuses: http://www.cbsnews.com/news/study-bank-bonuses-far-exceeded-profits/ http://www.cbsnews.com/news/study-bank-bonuses-far-exceeded-... Control is more important than holding a share certificate entitling you to a residual claim on profits.