15-09-2014, 08:46 PM
David Guyatt Wrote:R.K. Locke Wrote:The usual caveats apply vis-a-vis the provenance of this info:
http://investmentwatchblog.com/charts-of...l-reserve/
That information/chart is way out of date now and was, as best (imo anyway) always a miss-mash of data that proves very little in real terms. For example, Lord Airlee (David Ogilvy, the 13th earl) joined J Henry Schroders in 1953, became a director in 1961, and resigned in 1984. Lord Montagu, 1st baron Norman Montagu, Governor of the Bank of England died in 1950. With this 3 year gap, they weren't even contemporaries.
Today, ownership (at least when I last checked a couple of years ago) is via the main US banks who form the federal reserve system.
With "Lord Airlie" being an hereditary title I had assumed that the article was referring to the 12th Earl:
http://en.wikipedia.org/wiki/David_Ogilv..._of_Airlie
I wouldn't be surprised if the chart was the result of educated guesswork though. All of the names that you would expect to see are present and correct. It's maybe a bit too obvious in that respect.
“The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him.â€
― Leo Tolstoy,
― Leo Tolstoy,