Ombow, The original stockholders of the Federal Reserve System included the following (list below), and these were mostly European related interests. Over time these entities have gradually merged to form the current Wall St banks (Goldman Sachs, JP Morgan Chase, Morgan Stanley, Citigroup, Bank of America, Wells Fargo). The repeal of Glass Steagall in the late 1990s has allowed a consolidation of commercial banking, investment banking, insurance, etc.
During the Great Depression of the 1930s, a large percentage of the thousands of banks that were outside the Federal Reserve System conveniently went bankrupt. Likewise, the S+L crisis of the 1980s largely eliminated the independent S+L / Thrift industry.
- Rothschild interests (London - Bank of England, Berlin)
- JP Morgan interests (Morgan was essentially a US business agent of the Rothschilds)
- Rockefeller interests (Chase Bank)
- Warburg (Germany) - the Manhattan Bank which later merged with Rockefeller's Chase Bank to form Chase Manhattan
- Kuhn Loeb (Germany) - Jacob Schiff
- Lehman Bros - eventually merged with Kuhn Loeb
Additional stockholders included -
- Baring Bros (London)
- Lazard Bros (Paris)
- Goldman Sachs
- Seligman (Germany)
- Schroder (London)
- Speyer (Germany)
