How the working person has been ripped off.

The early goldsmiths became rich and their descendants are probably in the banking business I would assume and would know all the tricks and ways to circumvent the regulations.

All those in Wall street though not strictly in the banking business know about leveraging and using it to the hilt.

All those in the financial industry take home $200,000 per annum or more. The leveraging allows that and to avoid he government share they give their empoyees handsome salaries and executives even higher bonuses.

The CEO of Lehman Bros. took home $300 million the year before it filed for bankruptcy.

In December 2008, Fuld was given the "Lex Overpaid CEO" and "thief" award of the Financial Times for having received $34m in 2007 and $40.5m in 2006, the last two years before his bank's failure

Lehman Brothers Boss Defends $484 Million in Salary, Bonus

The average payout at Goldman was about $622,000.

Lehman Brothers Boss Defends $484 Million in Salary, Bonus

defended the $484 million he received in salary, bonuses and stock options since 2000.

Have I mentioned Jewish? I don't know who they are but you do. Thanks for filling me in.

Notable Marwaris
According to Forbes List, 2% of all the billionaires are Marwaris, making them the richest and the most industrious community in the world. Nearly 40% of all Indian Billionaires are Marwaris with 1% of the total population representation.

Many people (and almost all bankers) are under the misconception that Congress "created" the Federal Reserve Act of 1913. This is not true. Congress merely "passed" the legislation and President Woodrow Wilson signed the Act into law. In fact, the Federal Reserve Act was initially composed as a proposal for legislation by a group of private bankers who met in deep secrecy and not by any members of Congress. Present at those meetings were the following bankers: Frank Vanderlip, President of National City Bank of New York; Henry P. Davidson, senior partner of J. P. Morgan Company; and Charles D. Norton, President of Morgan's First National Bank of New York. These three powerful bankers invited Mr. Paul Moritz Warburg of M. M. Warburg Company of Hamburg, Germany, which was the chief German representative of the European banking family, the Rothschilds.

Mr. Paul Moritz Warburg would go on to mastermind the entire document that we recognize today as the Federal Reserve Act. As a partner of Kuhn, Loeb and Company Bank of New York, he was aware of the sentiments of the Congressmen who opposed the formation of a Central Banking System in the United States and knew they blamed the money panic of 1907 on the big New York bankers and the speculators of Wall Street. Thus, Mr. Warburg searched for a title that would not alert the Congressmen as to the true intent of the document he was preparing. He used the word "Federal" in the title which gave the false impression that this document involved the Federal Government. The Federal Reserve System had three very important elements:

1. The Federal Reserve System would be owned by private bankers; and thus would earn profit for the bankers.

2. In due time the bankers would gain control of the issuance of the nation's money.

3. The bankers would use the credit of the United States by involving the United States in foreign affairs.

Warburg established four branch reserve banks in four different sections of the country seemingly independent of each other. This furthered the deception by giving the impression that the New York banks and Wall Street were not in control of the Federal Reserve System. The hidden factor was that all four regional reserve banks were united with the Federal Reserve Bank of New York, which was to be the main bank of the Central Banking System in our country.

When the bankers and Warburg were satisfied that they had accomplished what they had set out to do on paper, they invited Senator Carter Glass to introduce the Federal Reserve document on the floor of Congress. And so with expressed views of the bankers and Warburg's "Federal Reserve Act," the Central Banking System in the United States was born. The events that followed as a result of that legislation being introduced to Congress can be described with the following excerpt from Gierut's book:

"Bank officials swarmed into Washington, D.C. to lobby for the passage of Warburg's document. This legislation was strongly opposed by Congressman Charles Lindbergh, Sr. of Minnesota. He warned that this document was, in fact, establishing a Central Banking System. His greater concern was the fact that this type of banking system would create recessions, depressions, inflation, boom and bust of the nation's economy.

Even over a ten year period it is a lot. Are you trying to minimize $484 million?

He received nearly half a billion dollars in total compensation from 1993 to 2007.[7]