Category Archives: Weaponology NYC

On Guard At The Fed, 2003

Why did the local branch of the nation’s central bank place an armed guard at its entrance in 2003?  Was it the threat of terrorism?  Or maybe, because the Fed keeps about 6,000 tons of gold in the basement, it was a concern for bank robbers. Or perhaps it was the fear of what would be the Federal Reserve System’s most dangerous menace of all–independent auditors.