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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (49229)3/16/2001 10:21:53 AM
From: Tradelite  Read Replies (2) of 57584
 
Maybe this link will help shed some light on the relationship of the Federal Reserve to the private vs. public sector.
findlaw.com

My own personal thought is... the Fed Reserve has a legislative mandate to regulate banks, so by definition it's a federal agency.

Meanwhile, taxpayers and not the banks are footing the bill for all those pencils,file folders and calculators at the Federal Reserve headquarters, so I guess we "own" it, right?
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