Wikiplacemarks.com  
 



Find us on Google+

Federal Reserve Bank of New York

View on map:40.708330°N 74.008610°W

Comments

In the buildings basement is a vault 80 feet below the street which contains a large amount of gold bullion.  It is supposedly the largest gold repository in the world (greater than Fort Knox) with over 7000 tons of gold.  About 98% of the Federal Reserve Bank gold is owned by foreign nations through their central banks.  

Description


Federal Reserve Bank of New York
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is located at 33 Liberty Street, New York, NY. It is responsible for the Second District of the Federal Reserve System, which encompasses New York State, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Working within the Federal Reserve System, the New York Federal Reserve Bank implements monetary policy, supervises and regulates financial institutions[1] and helps maintain the nation's payment systems.[2]

References

All text is available under the terms of the Creative Commons Attribution-ShareAlike License
Average user rating: Not rated

Click on a star to rate
 

Do you have a form that you would like to turn into an application?

Please share your ideas with us.

Contact us...