((( The estimated value of the Rothschild family is at US$500
Trillion dollars ! )))
The Depository Trust & Clearing Corporation (DTCC)
holds US$23 trillion in assets, and had US$917 trillion in
transactions.
It processes almost all stock transactions in the United
States and other countries. And 99% of all stocks in the U.S. are
legally owned by them.
### It turns out it's part of the Federal Reserve
Bank.
### The FED mandated that all transactions go through
their subsidiary. Apart from the profits and interests from the
transactions, they are given ownership of the stocks !
>>> Previously, when you owned stocks you
have the stock certificates. If you needed to trade them, you send
them to a broker. The shortcut was that the broker would hold your
stocks instead of you. For him to trade them, the stocks were
placed under the name of the brokerage, holding them in trust and
trading them for you. In reality, you're the beneficiary rather
than the owner.
Now, brokers are not allowed to put stocks in their own
name. Instead, stocks are put into the name of "Cede and Company".
The problem is that Cede is a corporation that DTCC controls and if
the U.S. government defaults on its debts, they might just not give
you your stocks back since they own them.
Jim McNeff (Director of Training for the DTC) said "There's
no need for the public to know about us... it's required by the
Federal Reserve that DTC handle all transactions".
### The Federal Reserve System, is a private company
and the Federal Reserve Board is an advisory panel between the
owners and the US Government.
The DTC (including the Participants Trust Company, now the
Mortgage-Backed Securities Division of the DTC) is owned by the
Federal Reserve System so the Depository Trust Company is really a
division of the Federal Reserve System.
"DTC is 35.1% owned by the New York Stock Exchange. It is a limited
purpose trust company and is a unit of the Federal Reserve." -New
York Stock Exchange, Inc.