The Global Banking Cartel – primary dealers

September 23rd, 2010

· World Bank

· International Monetary Fund

· World Trade Organization

· Federal Reserve System

The current primary dealers of the Federal Reserve System:

Bank of America Securities LLC
Cantor Fitzgerald & Co.
Citigroup Global Markets Inc.
Goldman, Sachs & Co.
Jefferies & Company, Inc.
J. P. Morgan Securities Inc.
Morgan Stanley & Co. Inc.

Barclays Capital Inc.
HSBC Securities (USA) Inc.

Credit Suisse Securities (USA) LLC
UBS Securities LLC.

Daiwa Capital Markets America Inc.
Mizuho Securities USA Inc.
Nomura Securities International, Inc.

Deutsche Bank Securities Inc.

BNP Paribas Securities Corp.

RBC Capital Markets Corp.

RBS Securities Inc.

These institutions are the current primary dealers of the Federal Reserve System. They have power over the entire economy, everything in “the market,” very much a non-free market. They sit at the top of the world’s monetary system, currently the Fed’s debt-dollar pyramid, with a governmental license to what has been the most secure capital in the world–US Treasury debt–for a monopoly price that nobody else can get. And when it comes to global finance, the difference between the strongest banks vs. dying banks is just a few basis points in price (cost of capital).

Primary Dealers-explained:


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