Comment: I say "founding members" for

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I say "founding members" for

I say "founding members" for they, like others, were major stockholders in the Banking Houses that started and became the original stockholders in the Federal Reserve System. Lehman Brothers began doing business in Montgomery, AL and moved their operations to New York after the War, where they gained substantial power and wealth. They helped found the New York Cotton Exchange, Emmanuel sat on the Board of Governors, they branched out into just about everything, including an eventual partnership with Goldman, Sachs & Co.

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"We are not a nation, but a union, a confederacy of equal and sovereign States" John C. Calhoun