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tazzygirl -> RE: Goldman Sachs Execs cheered housing collapse (4/25/2010 3:34:56 PM)
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quote:
ORIGINAL: pahunkboy
FOREIGN BANKERS OWN MAJORITY OF FEDERAL RESERVE More that half the shareholdings in the Federal Reserve Bank arc controlled by large New York City banks, including National City Bank, National Bank of Commerce, First National Bank, Chase National Bank, and Marine National Bank. When Rockefeller's National City Bank merged with J.P. Morgan's First National Bank in 1955, the Rockefeller group owned 22 percent of the shares of the Federal Reserve Bank of New York, which in turn holds the majority of shares in the Federal Reserve System - 53 percent. But who really owns what? Here arc the top controllers of the Federal Rwerve Bank 1. Rothchild banks of London and Berlin. 2. Lazard Brothers Banks of Paris. 3. Israel Moses Seif Banks of Italy. 4. Warburg Bank of Hamburg and Amsterdam. 5. Lehman Brothers Bank of New York. 6. Kuhn, Loeb bank of New York. 7. Chase Manhattan Bank of New York, which controls all of the other 11 Federal Rwerve Banks. 8. Goldman, Sachs Bank of New York./sniphttp://dmc.members.sonic.net/sentinel/naij2.html
National City Corporation was a company based in Cleveland, Ohio, USA, founded in 1845; it was once one of the ten largest banks in America in terms of deposits, mortgages and home equity lines of credit
The National Bank of Commerce was a U.S. bank of the late 19th and early 20th centuries. It first chartered as the Kansas City Savings Bank in 1865. After a controlling interest was acquired by Dr. William Stone Woods in 1881, the bank became active in financing the regional growth of Kansas City and areas to the southwest, especially in connection with the development of the city as a center of railroad transportation and distribution.
United States
First Bank of the United States,First private Central bank Of United States
First National Bank of Florida, based in Milton, Florida, with branches in Pensacola and other cities in the Florida Panhandle.
FNB Corporation of Hermitage, Pennsylvania
First National Bank of Omaha, Nebraska
First National Bank of Ames, Iowa
Former uses:
First National Bank of Atlanta became Wachovia Bank of Georgia
First National Bank of Miami became Southeast Banking Corporation
First National Bank of Pittsburgh, which was the first bank to adopt a national charter after the passage of the National Banking Act in 1863. Through a series of mergers, First National of Pittsburgh eventually became the modern-day PNC Bank.[1]
First National Bank of Northfield, Minnesota became a museum
Some First National Banks in Ohio and Pennsylvania are subsidiaries of FNB Corporation that shared the same name (such as First National Bank of Slippery Rock, Pennsylvania) before being acquired by FNB.
First National Bank of Western Pennsylvania, based in New Castle, Pennsylvania that later changed its name to First Western Bank in 1993 after FNB Corporation from Hermitage (only 19 miles north of New Castle) began opening branches in New Castle (and later acquiring Mellon Financial's New Castle-area branches) in order to avoid confusion. The bank was acquired by Sky Financial Group in 1999, which in turn was acquired by Huntington Bancshares in 2007. Huntington continues to operate its Western PA headquarters (excluding Pittsburgh, which has its own offices in downtown) in the former First National Bank building in New Castle.
First National Bank of Little Rock became Regions Bank
First National City Bank became Citibank
Seattle-First National Bank became Bank of America
First National Bank of Charlotte failed during the Great Depression
Marine National Bank is located in Wildwood, New Jersey. The building was built in 1908 and added to the National Register of Historic Places on December 20, 2000.
All this information was quickly found in wiki. If the source you are reading cant even get locations correct, why bother with the rest?
quote:
When Rockefeller's National City Bank merged with J.P. Morgan's First National Bank in 1955,
I cant find where they merged. I cant find where Rockefeller had anything to do with NCB.
National City Bank was founded on 17 May 1845, when a group of Cleveland businessmen pooled $50,000 to organize the City Bank of Cleveland, the first bank opened under the Ohio Bank Act of 1845 in a small town with no gas, electricity, public waterworks, or railroad. [12] Reuben Sheldon and Theodoric C. Severance, formerly of the Fireman's Insurance Company, organized The City Bank of Cleveland. The city's only bank at the time, opened its doors to the public at No. 52 Superior Street. [13]
The bank you are referring too is now known as Citibank.
In 1863, the bank joined the U.S.'s new national banking system and became The National City Bank of New York. By 1868, it was considered one of the largest banks in the United States, and in 1897, it became the first major U.S. bank to establish a foreign department. In 1896, it was the first contributor to the Federal Reserve Bank of New York.[citation needed]
During the mid-1970s, under the leadership of CEO Walter B. Wriston, First National City Bank (and its holding company First National City Corporation) was renamed Citibank, N.A.
http://en.wikipedia.org/wiki/Citibank
Again, misleading information with the intention to incite. The writer of the article should have known of the name change, yet decided not to mention that.
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