Daleep Singh is a member of the executive committee at the Federal Reserve Bank of New York. He is executive vice president and head of the Markets Group at the Federal Reserve Bank of New York. Prior to joining the New York Fed, Mr. Singh was senior partner and chief U.S. economist at the global investment firm SPX Capital, from 2017 to 2019. Before that, he worked at the U.S. Department of the Treasury from 2011 to 2017. Prior to his tenure at the Treasury Department, Singh worked for Goldman Sachs, from 2003 to 2007, and again from 2008 to 2011. He was also a partner at Element Capital Management from 2007 to 2008. Singh holds a bachelor’s degree with Duke University in economics and public policy. He also holds a master of business administration/master of public administration from the Massachusetts Institute of Technology, and Harvard University.
They own the regulators; they own the brokerage houses; they own the clearing houses; they own all of your investments; and it’s even been shown that they can exert complete control over the government.
To understand how these banks exert complete control over our financial system, one must first understand the securities clearance system.
In the United States of America, there is only one central clearinghouse: The Depository Trust and Clearing Corporation, and for almost 50 years they have maintained a virtual monopoly over this essential service.
It is a private corporation that is owned by these mega-banks and brokers.
PDF (470 Pages): Our Financial Oligarchy Back-Up