Rockefeller and Rothschild
"Two of the best-known business dynasties in Europe
and the US will come together after Lord Jakob Rothschild's listed investment
trust and Rockefeller Financial Services agreed to form a strategic
RIT Capital Partners is to buy a 37 per cent stake in the
Rockefeller's wealth advisory and asset management group for an undisclosed
sum, giving Lord Rothschild's London-listed trust a much sought-after foothold
in the US.
The transatlantic union brings together
David Rockefeller, 96, and
Rothschild, 76, two family patriarchs whose personal relationship spans
The Rockefeller group traces its roots back to 1882 when
John D. Rockefeller
established one of the world's first family offices dedicated to investing his
It has since developed into a provider of wealth and asset
management services to other families, foundations and
majority-owned by the 19th century oil magnate's family and has $34bn of assets
under administration." - Financial Times May 30, 2012
City Bank of New York
National City Bank is
founded by a group of Cleveland businessmen.
Hanover Bank established.
1865 Hanover Bank
becomes Hanover National Bank of the City of New York.
Kansas City Savings Bank is
City Bank of New York joins the
national banking system of the US under the National Bank Act and becomes
National City Bank of New
Kuhn & Loeb founded.
"Kuhn & Loeb were
immigrants from German Jewish ghettos.
They came to the US in the mid
1840's and both of them started their business careers as itinerant
In the early 1850's; they pooled their interests and set
up a merchandise-store in Lafayette, Indiana under the firm-name of "Kuhn &
Loeb" servicing the covered-wagon settlers on their way west.
years that followed; they set up similar stores in Cincinnati and St. Louis.
Then they added "pawn-brokering" to their merchandising-pursuits.
From that to money-lending was a short and quick step." -
1870 Standard Oil founded.
A Rockefeller Standard Oil
partner was Stephen V. Harkness, the father of Edward Harkness.
was James Stillman, whose family came to control
Edward Harkness married Mary Stillman, daughter of Thomas E.
Stillman, the brother of James
Two of daughters of
James Stillman married
two of William Rockefeller's sons.
These two families controlled
Chase National Bank is
formed by John Thompson who named the bank in honour of the late US Treasury
secretary Salmon P.
1881 Kansas City Savings Bank is renamed
National Bank of Commerce.
The National Bank of
Commerce becomes the principal correspondent bank for bank clearings in the
area southwest of Chicago and St. Louis.
Kuhn & Loeb resources
are running low after financing the
Japanese in their war with
Russia and the Russian
revolution of 1905.
Paul Warburg began spending
almost all of his time writing and lecturing on the need for "bank reform."
Loeb keep him on salary at $500,000 per year while for the next six years
he donated his time to the "public good."
Woodrow Wilson signs
the Federal Reserve Act..
December 24 Jacob Hirsch Schiff to
"My dear Colonel House. I want to say a word to you for the
silent, but no doubt effective work
you have done in the interest of currency legislation and to congratulate you
that the measure has finally been enacted into law. I am with good wishes,
faithfully yours, Jacob
Foundation has close financial ties to both the Ford
Foundation and the Carnegie
Institute for Medical Research, General Education
University and the University of Chicago -
which churns out a steady stream of far-right economists such as
who serve as apologists for
The Dulles and Rockefeller families are cousins.
Both are Skull &
Bones, CFR members
and 33rd Degree Masons.
Federal Reserve bails out
the Bank of England by increasing the money supply through cheap loans.
1928 John Merrill, founder of Merrill Lynch, exits the stock
market, as do insiders at Lehman
John Foster Dulles
presides over the Goldman
Sachs trusts before the 1929
stock market crash and later helps his brother overthrow governments in
Goldman Sachs launches two investment
trusts called Shenandoah and Blue Ridge.
Through August and September
they tout these trusts to the public, selling hundreds of millions of dollars
worth of shares through the
Goldman Sachs Trading
Corporation at $104/share.
Goldman Sachs insiders bail out
of the stock market.
By the fall of 1934 the trust shares were worth
One director at both Shenandoah and Blue Ridge is
Chase Manhattan Chairman
Alfred Wiggin takes his "hunch" to the next level, forming Shermar Corporation
in 1929 to short his own
"In the entire investigation, it is doubtful if there was
another instance of a corporate executive (Wiggins) who so thoroughly and
successfully used his official and fiduciary position for private profit." -
Ferdinand Pecora, Council Senate Banking Committee
The Wiggin Provision
intends to keep company
directors from short selling their own stocks and making a profit from
their own companys demise.
National City Company became the
largest security-issuing entity in the world issuing millions of shares
totaling $650 million on $55 million in assets of National City Bank under
Charles Edwin Mitchell with 100 branches in 23 countries outside the United
Charles Edwin Mitchell securities
policies help facilitate the
speculation which led
to the Crash of 1929.
The passage of the Securities Act of 1933 and the
Banking Acts of 1933 and 1935
was largely in response to Charles Edwin Mitchell's financial chicanery which
included huge annual bonuses not reported in annual statements; speculative
copper stock pools Mitchell termed "joint accounts"; a 'morale loan' fund
requiring no collateral and charging no interest for officers;
transfers to avoid taxes.
1973 National City Corporation is formed as the holding corporation for
the National City Bank of Cleveland to allow the corporation to expand outside
of Cuyahoga County through the purchase of other banks.
City name is retired in June 2010.
1976 It is learned that Rockefeller and Rothschild influenced
the drafting of the Federal Reserve
Act of 1913 through ownership of the 5 New York City banks which held the
most significant share of the stock of the
Federal Reserve Bank of New
National City Bank,
National City Bank,
The Rockefellers were
instrumental in forming the Club of Rome at their family estate in Bellagio,
Their Pocantico Hills estate gave birth to the Trilateral
The family is a major funder of
the eugenics movement which
spawns Adolf Hitler, human cloning and the current
DNA obsession in US scientific
John D. Rockefeller
Jr. headed the Population Council until his death.
"I am a great
believer in planning- economic, social, political, military, total world
planning." - Nelson
The family owns 30 Rockefeller Plaza, where the national
Christmas tree is lighted every year, and Rockefeller Center.
David Rockefeller is instrumental
in the construction of the World Trade Center
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