Why Is JPMorgan's Gold Vault, The Largest In The World, Located Next To The New York Fed's?

zerohedge. ^ | 03/02/2013 | Tyler Durden

[PieterCasparzen]

How many Americans know that the Fed Reserve is the largest creditor of the Federal Government?

The rest is mostly spread around the world owned by the major banking firms, like the dozen largest American banks. JPM, for example, makes over $1B profit per year in all of it's Treasury-debt-related operations. The boards of directors of those banks are all part of the "club" of international banking, running them on behalf of new world order interests (the top management of these firms needs to know what to do and what to say for nwo, and do a good job of it).

NWO does not directly own all the stock, the public owns a good deal of it; also various funds, etc., i.e., institutional investors. It means that the banking families are then not risking taking the total loss themselves if say BofA went under. And the book value equity of the firms is much smaller than the assets. Assets equal influence, and the board of directors controls how the assets are deployed. But they certainly don't want those big banks to go under, unless they plan for it. Making them publicly-held thus creates the "too big to fail" situation, which gives the banking establishment enough power over politicians to simply demand hundreds of billions of dollars of loans from a President or Congress - and get it. Notice, it's taxpayer dollars they are lending out - and almost 50% of that is borrowed via the banking syndicate. To the politician, it's his lifeline to being able to issue Treasury debt that he is preserving when he follows the orders of debt brokers.