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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: ForYourEyesOnly who wrote (4970)3/30/1999 5:42:00 PM
From: Ptaskmaster  Read Replies (1) of 81821
 
The Fed regional bank's shareholders or member banks are apparently national or state banks, trust companies and like organizations. They hold shares in proportion to their own capitalization. I presume that some may be private, others public but that all carry out financial business other than their participation in the regional Fed bank. At a minimum, wouldn't this raise general questions regarding confidentiality and conflict of interest?

Ptask

PS: And have you run across any statement regarding the degree of limitation of foreign ownership of the member banks themselves?
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