[Toddsterpatriot]

The law provides that the member (private) banks must be paid a 6% (guaranteed, you may say) dividend on their stock shares

Absolutely. 6% added up to about $1.6 billion in dividends in 2013. The US Treasury received about $78 billion of the Fed's earnings in 2013.

Any time the Treasury gets nearly 50 times the earnings the "owners" receive, it's safe to say they are the real owners.

[faithhopecharity]

your interprtation is not unreasonable but
1. still, the only equity shares are held by the private member banks, and
2. their rate of return on their shares is guaranteed, paid first, with any profits left over being paid into the Treasury. The Treasury’s (larger, now) payoff is not guaranteed.

At any event, it is a hybrid sort of thing, sort of like a mule...
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