The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia. Branch offices are located in Baltimore, Maryland and Charlotte, North Carolina. Currently, the president is Jeffrey M. Lacker. The former president, J. Alfred Broaddus, retired in 2004.
Read more about Federal Reserve Bank Of Richmond: Building, Economy, Branches, Current Board of Directors
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“Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.”
—C. Wright Mills (19161962)
“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”
—René Daumal (19081944)
“Whats breaking into a bank compared with founding a bank?”
—Bertolt Brecht (18981956)
“Highbury bore me. Richmond and Kew
Undid me. By Richmond I raised my knees
Supine on the floor of a narrow canoe.
My feet are at Moorgate, and my heart
Under my feet.”
—T.S. (Thomas Stearns)