Announcement

Collapse
No announcement yet.

Federal Reserve Bank

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Federal Reserve Bank

    Anyone know anything about the federal reserve? What kind of security do they have? I saw them the other day.....from a distance...both of them were carring what seems to be m4's rifles. Seems very interesting.
    Last edited by ForceProtectionOfficer; 12-17-2006, 03:01 AM.

  • #2
    Why not speak to them directly? It would be inappropriate to discuss that on a public forum, IMO.
    Last edited by Mr. Security; 12-16-2006, 01:14 PM.
    Security: Freedom from fear; danger; safe; a feeling of well-being. (Webster's)

    Comment


    • #3
      Originally posted by ForceProtectionOfficer
      Anyone know anything about the federal reserve banks? What kind of security do they have? I saw them the other day.....from a distance...both of them were carring what seems to be m4's rifles. Seems very interesting.
      My info is 3 years old. Thats when I applyed for a job with Federal Reserve/Dallas.

      The Federal Reserve was at that point transitioning from Security to Police. Officers who were already there were "Grandfathered" in and had to attend a week long "FLEO course that moved around. If I'd accepted the job, I would have spent a week in Atlanta Georgia because thats when the soonest class was being held. This was during the transistion. I was told by a Lieutenant that "after" the transistion period, new recruits would have to attend FLETC in Glynco Georgia for the full 10 week course.

      I had to turn down the offer because they worked Yearly Rotating Shifts (I left the Colllege District for a short time when my campus began rotating shifts, no way i was getting stuck on a bad shift for a whole year, the campus I work at no dosen't rotate).

      As for their security arrangements. Lets just say they are extensive and leave it at that. I got a tour of Federal Reserve Dallas, but they outright told me that somethings I wouldn't see unless I took the job lol.
      ~Black Caesar~
      Corbier's Commandos

      " "The trouble with Socialism is that eventually you run out of other people's money." ~Margaret Thatcher

      Comment


      • #4
        Originally posted by Mr. Security
        Why not speak to them directly? It would be inappropriate to discuss that on a public forum, IMO.
        Not really. They are all federal law enforcement officers, and I believe part of either Treasury or DPS - Federal Protective Services. There is a trend to take anything that MIGHT even look at someone wrong and pin a federal badge on them. If they have no need to look at someone wrong, they remain observe and report security.
        Some Kind of Commando Leader

        "Every time I see another crazy Florida post, I'm glad I don't work there." ~ Minneapolis Security on Florida Security Law

        Comment


        • #5
          Originally posted by N. A. Corbier
          Not really. They are all federal law enforcement officers, and I believe part of either Treasury or DPS - Federal Protective Services. There is a trend to take anything that MIGHT even look at someone wrong and pin a federal badge on them. If they have no need to look at someone wrong, they remain observe and report security.
          Federal Reserve System Police don't work for anyone but the Federal Reserve, unless something has changed.

          Here is a link to the Job site for a postition in Dallas:

          Federal Reserve Law Enforcement Officer

          EDIT: Oh and the day i went to interview, I took a wrong turn on a sidewalk [i]outside[/u] FRB-Dallas, and was challenged right there by 2 of their officers, one armed with a shoulder weapon (look like a M4 to me, but my attention was...elsewhere...lol).
          ~Black Caesar~
          Corbier's Commandos

          " "The trouble with Socialism is that eventually you run out of other people's money." ~Margaret Thatcher

          Comment


          • #6
            Just some food for thought....The "Federal" Reserve is really a private industry and is not a Federaly owned enity.

            Yep, your interest rates are raised by a bunch of financiers and bankers. The US Government has absolutely no control over them aside from business laws.

            Comment


            • #7
              Originally posted by ACP01
              Just some food for thought....The "Federal" Reserve is really a private industry and is not a Federaly owned enity.

              Yep, your interest rates are raised by a bunch of financiers and bankers. The US Government has absolutely no control over them aside from business laws.
              Doesn't the Federal Reserve Chairman serve at the pleasure of the President? Also, I thought s/he had to go through confirmation hearings.
              Security: Freedom from fear; danger; safe; a feeling of well-being. (Webster's)

              Comment


              • #8
                Originally posted by ACP01
                Just some food for thought....The "Federal" Reserve is really a private industry and is not a Federaly owned enity.

                Yep, your interest rates are raised by a bunch of financiers and bankers. The US Government has absolutely no control over them aside from business laws.
                I think you're right. Wikipedia actually has a good entry about this (it's much of the same that the LT explained to me during my 2nd interview with them).

                From Wikipedia

                Legal status and position in government

                The various components of the Federal Reserve System have differing legal statuses.

                The Board of Governors of the Federal Reserve System is an independent government agency. The Board of Governors does not receive funding from Congress, and the terms of the seven members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president, he or she is relatively independent. The law provides for the removal by the President "for cause."[1]

                The Federal Reserve Banks are nominally "owned" by private "member banks" (in that each member bank owns nonnegotiable shares of stock in its regional Federal Reserve Bank; see below). In Lewis v. United States,[2], the United States Court of Appeals for the Ninth Circuit stated that "the Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations." The opinion also stated that "the Reserve Banks have properly been held to be federal instrumentalities for some purposes." [1]

                The member banks are generally privately owned corporations. The stocks of many of the member banks are publicly traded.
                In other words, it's a mixed public/private system.
                ~Black Caesar~
                Corbier's Commandos

                " "The trouble with Socialism is that eventually you run out of other people's money." ~Margaret Thatcher

                Comment


                • #9
                  Black Ceaser..Good post! First time I have read a real definition.

                  Comment


                  • #10
                    I recently applied and got a call back from Federal Reserve Bank Philly... I ended up not accepting the offer to interview because I didn't have time, and I don't feel I'm in good enough shape to go through the "6-week acadamy" they attend.

                    The position I applied for was for a "security officer" but over the phone it sounded like it was a LEO position with lots of training.
                    The views expressed here are mine and do not reflect the official opinion of my employer or the organization through which the Internet was accessed.

                    Comment

                    Leaderboard

                    Collapse
                    Working...
                    X