Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: ForYourEyesOnly who wrote (4667)	3/21/1999 7:15:00 PM
From: Ptaskmaster	Read Replies (1) of 82007

The FED's answer to the question, "Who owns the [regional] Federal Reserve Banks?" in the url posted by Hutch (#reply-8435013) describes what percent of their own capital and surplus member banks must pay to subscribe to stock in their regional banks. frbsf.org It very clearly does not address what percentage of the regional Federal Reserves Bank's stock this comprises. I agree that this makes one of your points. If there is only this one class of share, and if the member banks own less than 100%, what other groups, organizations or companies own the rest? However, since the member banks' shares do not carry control power, does this imply as one possibility that there is more than one class of share? What are the other possibilities for ownership or control (putting aside various duties, functions and activities) of the Fed? The discussion here on the ownership of the Fed is interesting and timely. I look forward to additional information that you and others may post. Ptask

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