What Banking and financial institutions have interests in the Federal Reserve?
2007-08-21 09:57:14 · 7 answers · asked by RON PAUL for President 2008 2 in Politics & Government ➔ Politics
citibank chase
rothschild
rockeffeller
2007-08-21 10:04:47 · answer #1 · answered by Anonymous · 4⤊ 1⤋
There are no foreign countries that have direct ownership of the Federal Reserve system.
By law, only domestic banks that are members can own shares in their Federal Reserve Branch.
However, since many of these domestic banks are publicly traded anyone can buy their shares. For instance, the largest foreign owner of Chase is Barclay's (UK) at 5% ownership.
2007-08-22 05:22:18 · answer #2 · answered by gray shadow 6 · 0⤊ 0⤋
Countries don't own the Fed, banks do. The Fed is a private conglomerate of banks.
Pretty much all the large international banks that has been around for a while..
JP Morgan Chase
Bank of America
Citigroup, etc..
2007-08-21 10:36:08 · answer #3 · answered by Think Richly™ 5 · 2⤊ 0⤋
It doesn't matter. Stock in the institution is non-transferable (the only reason to 'own' it is to do business as a bank in the US, it's more like a giant liscence fee than anything else), and the Fed is run by government appointees.
2007-08-21 10:03:12 · answer #4 · answered by B.Kevorkian 7 · 3⤊ 2⤋
I am not sure of the number of countries, but this is a great question. Most people don't realize our country is "for sale"..
2007-08-21 10:02:24 · answer #5 · answered by Anonymous · 1⤊ 1⤋
USA---4 sale to the highest bidder
2007-08-21 10:08:23 · answer #6 · answered by Anonymous · 1⤊ 1⤋
The Vatican.
2007-08-21 15:03:48 · answer #7 · answered by Anonymous · 0⤊ 1⤋