The Federal Reserve ADMITS that Its 12 Banks Are PRIVATE – Not Government – Entities

...the Bank for International Settlements (BIS) – often called the “central banks’ central bank”, as it coordinates transactions between central banks, and which is the entity determining the level of reserves banks are required to keep worldwide – is itself owned by the central banks of the world.

As Spiegel reported in 2009:

The BIS is a closed organization owned by the 55 central banks. The heads of these central banks travel to the Basel headquarters once every two months, and the General Meeting, the BIS’s supreme executive body, takes place once a year.

In, other words, the private banks own the Fed (and mos other central banks), and the central banks – in turn – own BIS, the global bank regulator.   Activist Post