05-28-2011, 03:53 PM
CONSOLIDATING US MONEY POWER :
THE FOUR HORSEMEN OF GLOBAL BANKING
Dean Henderson
ttp://www.globalresearch.ca/index.php?context=va&aid=24967
If you want to know where the true power center of the world lies, follow the money - cui bono. According to Global Finance magazine, as of 2010 the world’s five biggest banks are all based in Rothschild fiefdoms UK and France. They are the French BNP ($3 trillion in assets), Royal Bank of Scotland ($2.7 trillion), the UK-based HSBC Holdings ($2.4 trillion), the French Credit Agricole ($2.2 trillion) and the British Barclays ($2.2 trillion).
In the US, a combination of deregulation and merger-mania has left four mega-banks ruling the financial roost. According to Global Finance, as of 2010 they are Bank of America ($2.2 trillion), JP Morgan Chase ($2 trillion), Citigroup ($1.9 trillion) and Wells Fargo ($1.25 trillion). I have dubbed them the Four Horsemen of US banking.
Consolidating the US Money Power
The September 2000 marriage which created JP Morgan Chase was the grandest merger in a frenzy of bank consolidation that took place throughout the 1990’s. Merger mania was fed by a massive deregulation of the banking industry including revocation of the Glass Steagal Act of 1933, which was enacted after the Great Depression to curb the banking monopolies which had caused the 1929 stock market crash and precipitated the Great Depression.
In July 1929 Goldman Sachs launched two investment trusts called Shenandoah and Blue Ridge. Through August and September they touted 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 were bailing out of the stock market. By the fall of 1934 the trust shares were worth $1.75 each. One director at both Shenandoah and Blue Ridge was Sullivan & Cromwell lawyer John Foster Dulles. [1]
John Merrill, founder of Merrill Lynch, exited the stock market in 1928, as did insiders at Lehman Brothers. Chase Manhattan Chairman Alfred Wiggin took his “hunch” to the next level, forming Shermar Corporation in 1929 to short the stock of his own company. Following the Crash of 1929, Citibank President Charles Mitchell was jailed for tax evasion. [2]
In February 1995 President Bill Clinton announced plans to wipe out both Glass Steagal and the Bank Holding Company Act of 1956- which barred banks from owning insurance companies and other financial entities. That day the old opium and slave trader Barings went belly up after one of its Singapore-based traders named Nicholas Gleason got caught on the wrong side of billions of dollars in derivative currency trades. [3]
The warning went unheeded. In 1991 US taxpayers, already billed over $500 billion dollars for the S&L looting, were charged another $70 billion to bail out the FDIC, then footed the bill for a secret 2 1/2-year rescue of Citibank, which was close to collapse after the Latin American debt crunch hit home. With their bill’s paid by US taxpayers and bank deregulation a done deal, the stage was set for a slew of bank mergers like none the world had ever seen.
Reagan Undersecretary of Treasury George Gould had stated that concentration of banking into five to ten giant banks was what the US economy needed. Gould’s nightmare vision was about to come true.
In 1992 Bank of America bought its biggest West Coast rival Security Pacific, then swallowed up the looted Continental Bank of Illinois for cheap. Bank of America later took a 34% stake in Black Rock (Barclays owns 20% of Black Rock) and an 11% share in China Construction Bank, making it the nation’s second largest bank holding company with assets of $214 billion. Citibank controlled $249 billion. [4] Both banks have since increase their assets to around $2 trillion each.
In 1993 Chemical Bank gobbled up Texas Commerce to become the third largest bank holding company with $170 billion in assets. Chemical Bank had already merged with Manufacturers Hanover Trust in 1990.
North Carolina National Bank and C&S Sovran merged into Nation’s Bank, then the fourth largest US bank holding company, with $169 billion in its war chest. Fleet Norstar bought Bank of New England, while Norwest bought United Banks of Colorado.
Throughout this period US bank profits were soaring, breaking records with each new quarter. The year 1995 broke all previous records for bank mergers. Deals totaling $389 billion occurred that year. [5]
The Big Five investment banks, who had just made boatloads of money steering Latin American debt negotiations, now made a killing steering the bank and industrial merger- mania of the 1980’s and 1990’s.
According to Standard & Poors the top five investment banks were Merrill Lynch, Goldman Sachs, Morgan Stanley Dean Witter, Salomon Smith Barney and Lehman Brothers. One deal that fell through in 1995 was a proposed merger between London’s biggest investment bank S. G. Warburg and Morgan Stanley Dean Witter. Warburg chose Union Bank of Switzerland as its suitor instead, creating UBS Warburg as a sixth force in investment banking.
After the 1995 feeding frenzy, the money center banks moved aggressively into the Middle East, establishing operations in Tel Aviv, Beirut and Bahrain- where the US 5th Fleet was setting up shop. Bank privatizations in Egypt, Morocco, Tunisia and Israel opened the door to the mega-banks in those nations. Chase and Citibank borrowed money to Royal Dutch/Shell and Saudi Petrochemical, while JP Morgan advised the Qatargas consortium led by Exxon Mobil. [6]
The global insurance industry had a case of merger mania as well. By 1995 Traveler’s Group had bought Aetna, Warren Buffet’s Berkshire Hathaway had eaten up Geico, Zurich Insurance had swallowed Kemper Corporation, CNA Financial had purchased Continental Companies and General RE Corporation had sunk its teeth into Colonia Konzern AG.
In late 1998 the Citibank colossus merged with Travelers Group to become Citigroup, creating a behemoth worth $700 billion that boasted 163,000 employees in over 100 countries and included the firms of Salomon Smith Barney (a joint venture with Morgan Stanley), Commercial Credit, Primerica Financial Services, Shearson Lehman, Barclays America, Aetna and Security Pacific Financial. [7]
That same year Bankers Trust and US investment bank Alex Brown were swooped up by Deutsche Bank, which had also purchased Morgan Grenfell of London in 1989. The purchase made Deutsche Bank the world’s largest bank at the time with assets of $882 billion. In January 2002, Japanese titans Mitsubishi and Sumitomo combined operations to create Mitsubishi Sumitomo Bank, which surpassed Deutsche Bank with assets of $905 billion. [8]
By 2004 HSBC had become the world’s second largest bank. Six years later all three behemoths had been eclipsed by both BNP and Royal Bank of Scotland.
In the US, the George Gould nightmare reached its ugly nadir just in time for the new millennium when Chase Manhattan swallowed up Chemical Bank. Bechtel banker Wells Fargo bought Norwest Bank, while Bank of America absorbed Nations Bank. The coup de grace came when the reunified House of Morgan announced that it would merge with the Rockefeller Chase Manhattan/Chemical Bank/ Manufacturers Hanover machine.
Four giant banks emerged to rule the US financial roost. JP Morgan Chase and Citigroup were kings of capital on the East Coast. Together they control 52.86% of the New York Federal Reserve Bank. [9] Bank of America and Wells Fargo reigned supreme on the West Coast.
During the 2008 banking crisis these firms got much larger, receiving a nearly $1 trillion government bailout compliments of Bush Treasury Secretary and Goldman Sachs alumni Henry Paulsen; while quietly taking over distressed assets for pennies on the dollar.
Barclays took over Lehman Brothers. JP Morgan Chase got Washington Mutual and Bear Stearns. Bank of America was handed Merrill Lynch and Countrywide. Wells Fargo swallowed up the nation's 5th biggest bank- Wachovia.
The same Eight Families-controlled banks which for decades had galloped their Four Horsemen of oil roughshod through the Persian Gulf oil patch are now more powerful than at any time in history. They are the Four Horsemen of US banking.
[1] The Great Crash of 1929. John Kenneth Galbraith. Houghton, Mifflin Company. Boston. 1979. p.148
[2] Ibid
[3] Evening Edition. National Public Radio. 2-27-95
[4] “Bank of America will Purchase Chicago Bank”. The Register-Guard. Eugene, OR. 1-29-94
[5] “Big-time Bankers Profit from M&A Fever”. Knight-Ridder News Service. 12-30-95
[6] “US Banks find New Opportunities in the Middle East”. Amy Dockser Marcus. Wall Street Journal. 10-12-95
[7] “Making a Money Machine”. Daniel Kadlec. Time. 4-20-98. p.44
[8] BBC World News. 1-20-02
[9] Rule by Secrecy: The Hidden History that Connects the Trilateral Commission, the Freemasons and the Great Pyramids”. Jim Marrs. HarperCollins Publishers. New York. 2000. p.74
THE FEDERAL RESERVE CARTEL : THE EIGHT FAMILIES
Dean Henderson
The Four Horsemen of Banking (Bank of America, JP
Morgan Chase, Citigroup and Wells Fargo) own the
Four Horsemen of Oil (Exxon Mobil, Royal
Dutch/Shell, BP and Chevron Texaco); in tandem
with Deutsche Bank, BNP, Barclays and other
European old money behemoths. But their monopoly
over the global economy does not end at the edge of the oil patch.
According to company 10K filings to the SEC, the
Four Horsemen of Banking are among the top ten
stock holders of virtually every Fortune 500 corporation.[1]
So who then are the stockholders in these money center banks?
This information is guarded much more closely. My
queries to bank regulatory agencies regarding
stock ownership in the top 25 US bank holding
companies were given Freedom of Information Act
status, before being denied on “national
security” grounds. This is rather ironic, since
many of the bank’s stockholders reside in Europe.
One important repository for the wealth of the
global oligarchy that owns these bank holding
companies is US Trust Corporation - founded in
1853 and now owned by Bank of America. A recent
US Trust Corporate Director and Honorary Trustee
was Walter Rothschild. Other directors included
Daniel Davison of JP Morgan Chase, Richard Tucker
of Exxon Mobil, Daniel Roberts of Citigroup and
Marshall Schwartz of Morgan Stanley. [2]
J. W. McCallister, an oil industry insider with
House of Saud connections, wrote in The Grim
Reaper that information he acquired from Saudi
bankers cited 80% ownership of the New York
Federal Reserve Bank- by far the most powerful
Fed branch- by just eight families, four of which
reside in the US. They are the Goldman Sachs,
Rockefellers, Lehmans and Kuhn Loebs of New York;
the Rothschilds of Paris and London; the Warburgs
of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.
CPA Thomas D. Schauf corroborates McCallister’s
claims, adding that ten banks control all twelve
Federal Reserve Bank branches. He names N.M.
Rothschild of London, Rothschild Bank of Berlin,
Warburg Bank of Hamburg, Warburg Bank of
Amsterdam, Lehman Brothers of New York, Lazard
Brothers of Paris, Kuhn Loeb Bank of New York,
Israel Moses Seif Bank of Italy, Goldman Sachs of
New York and JP Morgan Chase Bank of New York.
Schauf lists William Rockefeller, Paul Warburg,
Jacob Schiff and James Stillman as individuals
who own large shares of the Fed. [3] The Schiffs
are insiders at Kuhn Loeb. The Stillmans are
Citigroup insiders, who married into the
Rockefeller clan at the turn of the century.
Eustace Mullins came to the same conclusions in
his book The Secrets of the Federal Reserve, in
which he displays charts connecting the Fed and
its member banks to the families of Rothschild,
Warburg, Rockefeller and the others. [4]
The control that these banking families exert
over the global economy cannot be overstated and
is quite intentionally shrouded in secrecy. Their
corporate media arm is quick to discredit any
information exposing this private central banking
cartel as “conspiracy theory”. Yet the facts remain.
The House of Morgan
The Federal Reserve Bank was born in 1913, the
same year US banking scion J. Pierpont Morgan
died and the Rockefeller Foundation was formed.
The House of Morgan presided over American
finance from the corner of Wall Street and Broad,
acting as quasi-US central bank since 1838, when
George Peabody founded it in London.
Peabody was a business associate of the
Rothschilds. In 1952 Fed researcher Eustace
Mullins put forth the supposition that the
Morgans were nothing more than Rothschild agents.
Mullins wrote that the Rothschilds, “…preferred
to operate anonymously in the US behind the
facade of J.P. Morgan & Company”. [5]
Author Gabriel Kolko stated, “Morgan’s activities
in 1895-1896 in selling US gold bonds in Europe
were based on an alliance with the House of Rothschild.” [6]
The Morgan financial octopus wrapped its
tentacles quickly around the globe. Morgan
Grenfell operated in London. Morgan et Ce ruled
Paris. The Rothschild's Lambert cousins set up
Drexel & Company in Philadelphia.
The House of Morgan catered to the Astors,
DuPonts, Guggenheims, Vanderbilts and
Rockefellers. It financed the launch of AT&T,
General Motors, General Electric and DuPont. Like
the London-based Rothschild and Barings banks,
Morgan became part of the power structure in many countries.
By 1890 the House of Morgan was lending to
Egypt’s central bank, financing Russian
railroads, floating Brazilian provincial
government bonds and funding Argentine public
works projects. A recession in 1893 enhanced
Morgan’s power. That year Morgan saved the US
government from a bank panic, forming a syndicate
to prop up government reserves with a shipment of
$62 million worth of Rothschild gold. [7]
Morgan was the driving force behind Western
expansion in the US, financing and controlling
West-bound railroads through voting trusts. In
1879 Cornelius Vanderbilt’s Morgan-financed New
York Central Railroad gave preferential shipping
rates to John D. Rockefeller’s budding Standard
Oil monopoly, cementing the Rockefeller/Morgan relationship.
The House of Morgan now fell under Rothschild and
Rockefeller family control. A New York Herald
headline read, “Railroad Kings Form Gigantic
Trust”. J. Pierpont Morgan, who once stated,
“Competition is a sin”, now opined gleefully,
“Think of it. All competing railroad traffic west
of St. Louis placed in the control of about thirty men.”[8]
Morgan and Edward Harriman’s banker Kuhn Loeb
held a monopoly over the railroads, while banking
dynasties Lehman, Goldman Sachs and Lazard joined
the Rockefellers in controlling the US industrial base. [9]
In 1903 Banker’s Trust was set up by the Eight
Families. Benjamin Strong of Banker’s Trust was
the first Governor of the New York Federal
Reserve Bank. The 1913 creation of the Fed fused
the power of the Eight Families to the military
and diplomatic might of the US government. If
their overseas loans went unpaid, the oligarchs
could now deploy US Marines to collect the debts.
Morgan, Chase and Citibank formed an international lending syndicate.
The House of Morgan was cozy with the British
House of Windsor and the Italian House of Savoy.
The Kuhn Loebs, Warburgs, Lehmans, Lazards,
Israel Moses Seifs and Goldman Sachs also had
close ties to European royalty. By 1895 Morgan
controlled the flow of gold in and out of the US.
The first American wave of mergers was in its
infancy and was being promoted by the bankers. In
1897 there were sixty-nine industrial mergers. By
1899 there were twelve-hundred. In 1904 John
Moody - founder of Moody’s Investor Services -
said it was impossible to talk of Rockefeller and
Morgan interests as separate. [10]
Public distrust of the combine spread. Many
considered them traitors working for European old
money. Rockefeller’s Standard Oil, Andrew
Carnegie’s US Steel and Edward Harriman’s
railroads were all financed by banker Jacob
Schiff at Kuhn Loeb, who worked closely with the European Rothschilds.
Several Western states banned the bankers.
Populist preacher William Jennings Bryan was
thrice the Democratic nominee for President from
1896 -1908. The central theme of his
anti-imperialist campaign was that America was
falling into a trap of “financial servitude to
British capital”. Teddy Roosevelt defeated Bryan
in 1908, but was forced by this spreading
populist wildfire to enact the Sherman Anti-Trust
Act. He then went after the Standard Oil Trust.
In 1912 the Pujo hearings were held, addressing
concentration of power on Wall Street. That same
year Mrs. Edward Harriman sold her substantial
shares in New York’s Guaranty Trust Bank to J.P.
Morgan, creating Morgan Guaranty Trust. Judge
Louis Brandeis convinced President Woodrow Wilson
to call for an end to interlocking board
directorates. In 1914 the Clayton Anti-Trust Act was passed.
Jack Morgan - J. Pierpont’s son and successor -
responded by calling on Morgan clients Remington
and Winchester to increase arms production. He
argued that the US needed to enter WWI. Goaded by
the Carnegie Foundation and other oligarchy
fronts, Wilson accommodated. As Charles Tansill
wrote in America Goes to War, “Even before the
clash of arms, the French firm of Rothschild
Freres cabled to Morgan & Company in New York
suggesting the flotation of a loan of $100
million, a substantial part of which was to be
left in the US to pay for French purchases of American goods.”
The House of Morgan financed half the US war
effort, while receiving commissions for lining up
contractors like GE, Du Pont, US Steel, Kennecott
and ASARCO. All were Morgan clients. Morgan also
financed the British Boer War in South Africa and
the Franco-Prussian War. The 1919 Paris Peace
Conference was presided over by Morgan, which led
both German and Allied reconstruction efforts. [11]
In the 1930’s populism resurfaced in America
after Goldman Sachs, Lehman Bank and others
profited from the Crash of 1929. [12] House
Banking Committee Chairman Louis McFadden (D-NY)
said of the Great Depression, “It was no
accident. It was a carefully contrived
occurrence...The international bankers sought to
bring about a condition of despair here so they
might emerge as rulers of us all”.
Sen. Gerald Nye (D-ND) chaired a munitions
investigation in 1936. Nye concluded that the
House of Morgan had plunged the US into WWI to
protect loans and create a booming arms industry.
Nye later produced a document titled The Next
War, which cynically referred to “the old goddess
of democracy trick”, through which Japan could be
used to lure the US into WWII.
In 1937 Interior Secretary Harold Ickes warned of
the influence of “America’s 60 Families”.
Historian Ferdinand Lundberg later penned a book
of the exact same title. Supreme Court Justice
William O. Douglas decried, “Morgan
influence...the most pernicious one in industry and finance today.”
Jack Morgan responded by nudging the US towards
WWII. Morgan had close relations with the Iwasaki
and Dan families - Japan’s two wealthiest clans -
who have owned Mitsubishi and Mitsui,
respectively, since the companies emerged from
17th Century shogunates. When Japan invaded
Manchuria, slaughtering Chinese peasants at
Nanking, Morgan downplayed the incident. Morgan
also had close relations with Italian fascist
Benito Mussolini, while German Nazi Dr. Hjalmer
Schacht was a Morgan Bank liaison during WWII.
After the war Morgan representatives met with
Schacht at the Bank of International Settlements
(BIS) in Basel, Switzerland. [13]
The House of Rockefeller
BIS is the most powerful bank in the world, a
global central bank for the Eight Families who
control the private central banks of almost all
Western and developing nations. The first
President of BIS was Rockefeller banker Gates
McGarrah- an official at Chase Manhattan and the
Federal Reserve. McGarrah was the grandfather of
former CIA director Richard Helms. The
Rockefellers- like the Morgans- had close ties to
London. David Icke writes in Children of the
Matrix, that the Rockefellers and Morgans were
just “gofers” for the European Rothschilds. [14]
BIS is owned by the Federal Reserve, Bank of
England, Bank of Italy, Bank of Canada, Swiss
National Bank, Nederlandsche Bank, Bundesbank and Bank of France.
Historian Carroll Quigley wrote in his epic book
Tragedy and Hope that BIS was part of a plan, “to
create a world system of financial control in
private hands able to dominate the political
system of each country and the economy of the
world as a whole...to be controlled in a
feudalistic fashion by the central banks of the
world acting in concert by secret agreements.”
The US government had a historical distrust of
BIS, lobbying unsuccessfully for its demise at
the 1944 post-WWII Bretton Woods Conference.
Instead the Eight Families’ power was
exacerbated, with the Bretton Woods creation of
the IMF and the World Bank. The US Federal
Reserve only took shares in BIS in September 1994. [15]
BIS holds at least 10% of monetary reserves for
at least 80 of the world’s central banks, the IMF
and other multilateral institutions. It serves as
financial agent for international agreements,
collects information on the global economy and
serves as lender of last resort to prevent global financial collapse.
BIS promotes an agenda of monopoly capitalist
fascism. It gave a bridge loan to Hungary in the
1990’s to ensure privatization of that country’s
economy. It served as conduit for Eight Families
funding of Adolf Hitler- led by the Warburg's J.
Henry Schroeder and Mendelsohn Bank of Amsterdam.
Many researchers assert that BIS is at the nadir
of global drug money laundering. [16]
It is no coincidence that BIS is headquartered in
Switzerland, favorite hiding place for the wealth
of the global aristocracy and headquarters for
the P-2 Italian Freemason’s Alpina Lodge and Nazi
International. Other institutions which the Eight
Families control include the World Economic
Forum, the International Monetary Conference and the World Trade Organization.
Bretton Woods was a boon to the Eight Families.
The IMF and World Bank were central to this “new
world order”. In 1944 the first World Bank bonds
were floated by Morgan Stanley and First Boston.
The French Lazard family became more involved in
House of Morgan interests. Lazard Freres-
France’s biggest investment bank- is owned by the
Lazard and David-Weill families- old Genoese
banking scions represented by Michelle Davive. A
recent Chairman and CEO of Citigroup was Sanford Weill.
In 1968 Morgan Guaranty launched Euro-Clear, a
Brussels-based bank clearing system for
Eurodollar securities. It was the first such
automated endeavor. Some took to calling
Euro-Clear “The Beast”. Brussels serves as
headquarters for the new European Central Bank
and for NATO. In 1973 Morgan officials met
secretly in Bermuda to illegally resurrect the
old House of Morgan, twenty years before Glass
Steagal Act was repealed. Morgan and the
Rockefellers provided the financial backing for
Merrill Lynch, boosting it into the Big 5 of US
investment banking. Merrill is now part of Bank of America.
John D. Rockefeller used his oil wealth to
acquire Equitable Trust, which had gobbled up
several large banks and corporations by the
1920’s. The Great Depression helped consolidate
Rockefeller’s power. His Chase Bank merged with
Kuhn Loeb’s Manhattan Bank to form Chase
Manhattan, cementing a long-time family
relationship. The Kuhn-Loeb’s had financed -
along with Rothschilds - Rockefeller's quest to
become king of the oil patch. National City Bank
of Cleveland provided John D. with the money
needed to embark upon his monopolization of the
US oil industry. The bank was identified in
Congressional hearings as being one of three
Rothschild-owned banks in the US during the
1870’s, when Rockefeller first incorporated as Standard Oil of Ohio. [17]
One Rockefeller Standard Oil partner was Edward
Harkness, whose family came to control Chemical
Bank. Another was James Stillman, whose family
controlled Manufacturers Hanover Trust. Both
banks have merged under the JP Morgan Chase
umbrella. Two of James Stillman’s daughters
married two of William Rockefeller’s sons. The
two families control a big chunk of Citigroup as well. [18]
In the insurance business, the Rockefellers
control Metropolitan Life, Equitable Life,
Prudential and New York Life. Rockefeller banks
control 25% of all assets of the 50 largest US
commercial banks and 30% of all assets of the 50
largest insurance companies. [19] Insurance
companies- the first in the US was launched by
Freemasons through their Woodman’s of America-
play a key role in the Bermuda drug money shuffle.
Companies under Rockefeller control include Exxon
Mobil, Chevron Texaco, BP Amoco, Marathon Oil,
Freeport McMoran, Quaker Oats, ASARCO, United,
Delta, Northwest, ITT, International Harvester,
Xerox, Boeing, Westinghouse, Hewlett-Packard,
Honeywell, International Paper, Pfizer, Motorola,
Monsanto, Union Carbide and General Foods.
The Rockefeller Foundation has close financial
ties to both Ford and Carnegie Foundations. Other
family philanthropic endeavors include
Rockefeller Brothers Fund, Rockefeller Institute
for Medical Research, General Education Board,
Rockefeller University and the University of
Chicago- which churns out a steady stream of far
right economists as apologists for international
capital, including Milton Friedman.
The family owns 30 Rockefeller Plaza, where the
national Christmas tree is lighted every year,
and Rockefeller Center. David Rockefeller was
instrumental in the construction of the World
Trade Center towers. The main Rockefeller family
home is a hulking complex in upstate New York
known as Pocantico Hills. They also own a 32-room
5th Avenue duplex in Manhattan, a mansion in
Washington, DC, Monte Sacro Ranch in Venezuela,
coffee plantations in Ecuador, several farms in
Brazil, an estate at Seal Harbor, Maine and
resorts in the Caribbean, Hawaii and Puerto Rico. [20]
The Dulles and Rockefeller families are cousins.
Allen Dulles created the CIA, assisted the Nazis,
covered up the Kennedy hit from his Warren
Commission perch and struck a deal with the
Muslim Brotherhood to create mind-controlled assassins. [21]
Brother John Foster Dulles presided over the
phony Goldman Sachs trusts before the 1929 stock
market crash and helped his brother overthrow
governments in Iran and Guatemala. Both were
Skull & Bones, Council on Foreign Relations (CFR)
insiders and 33rd Degree Masons. [22]
The Rockefellers were instrumental in forming the
depopulation-oriented Club of Rome at their
family estate in Bellagio, Italy. Their Pocantico
Hills estate gave birth to the Trilateral
Commission. The family is a major funder of the
eugenics movement which spawned Hitler, human
cloning and the current DNA obsession in US scientific circles.
John Rockefeller Jr. headed the Population
Council until his death. [23] His namesake son is
a Senator from West Virginia. Brother Winthrop
Rockefeller was Lieutenant Governor of Arkansas
and remains the most powerful man in that state.
In an October 1975 interview with Playboy
magazine, Vice-President Nelson Rockefeller- who
was also Governor of New York- articulated his
family's patronizing worldview, “I am a great
believer in planning- economic, social,
political, military, total world planning.”
But of all the Rockefeller brothers, it is
Trilateral Commission (TC) founder and Chase
Manhattan Chairman David who has spearheaded the
family’s fascist agenda on a global scale. He
defended the Shah of Iran, the South African
apartheid regime and the Chilean Pinochet junta.
He was the biggest financier of the CFR, the TC
and (during the Vietnam War) the Committee for an
Effective and Durable Peace in Asia- a contract
bonanza for those who made their living off the conflict.
Nixon asked him to be Secretary of Treasury, but
Rockefeller declined the job, knowing his power
was much greater at the helm of the Chase. Author
Gary Allen writes in The Rockefeller File that in
1973, “David Rockefeller met with twenty-seven
heads of state, including the rulers of Russia and Red China.”
Following the 1975 Nugan Hand Bank/CIA coup
against Australian Prime Minister Gough Whitlam,
his British Crown-appointed successor Malcolm
Fraser sped to the US, where he met with
President Gerald Ford after conferring with David Rockefeller. [24]
Next Week: Part II: Freemasons & The Bank of the United States
Notes
[1] 10K Filings of Fortune 500 Corporations to SEC. 3-91
[2] 10K Filing of US Trust Corporation to SEC. 6-28-95
[3] “The Federal Reserve ‘Fed Up’. Thomas Schauf. www.davidicke.com 1-02
[4] The Secrets of the Federal Reserve. Eustace
Mullins. Bankers Research Institute. Staunton, VA. 1983. p.179
[5] Ibid. p.53
[6] The Triumph of Conservatism. Gabriel Kolko.
MacMillan and Company New York. 1963. p.142
[7] Rule by Secrecy: The Hidden History that
Connects the Trilateral Commission, the
Freemasons and the Great Pyramids. Jim Marrs.
HarperCollins Publishers. New York. 2000. p.57
[8] The House of Morgan. Ron Chernow. Atlantic Monthly Press NewYork 1990
[9] Marrs. p.57
[10] Democracy for the Few. Michael Parenti. St.
Martin’s Press. New York. 1977. p.178
[11] Chernow
[12] The Great Crash of 1929. John Kenneth
Galbraith. Houghton, Mifflin Company. Boston. 1979. p.148
[13] Chernow
[14] Children of the Matrix. David Icke. Bridge of Love. Scottsdale, AZ. 2000
[15] The Confidence Game: How Un-Elected Central
Bankers are Governing the Changed World Economy.
Steven Solomon. Simon & Schuster. New York. 1995. p.112
[16] Marrs. p.180
[17] Ibid. p.45
[18] The Money Lenders: The People and Politics
of the World Banking Crisis. Anthony Sampson. Penguin Books. New York. 1981
[19] The Rockefeller File. Gary Allen. ’76 Press. Seal Beach, CA. 1977
[20] Ibid
[21] Dope Inc.: The Book That Drove Kissinger
Crazy. Editors of Executive Intelligence Review. Washington, DC. 1992
[22] Marrs.
[23] The Rockefeller Syndrome. Ferdinand
Lundberg. Lyle Stuart Inc. Secaucus, NJ. 1975. p.296
[24] Marrs. p.53
Dean Henderson is the author of Big Oil & Their
Bankers in the Persian Gulf: Four Horsemen, Eight
Families & Their Global Intelligence, Narcotics &
Terror Network and The Grateful Unrich:
Revolution in 50 Countries. His Left Hook blog is
at www.deanhenderson.wordpress.com
THE FOUR HORSEMEN OF GLOBAL BANKING
Dean Henderson
ttp://www.globalresearch.ca/index.php?context=va&aid=24967
If you want to know where the true power center of the world lies, follow the money - cui bono. According to Global Finance magazine, as of 2010 the world’s five biggest banks are all based in Rothschild fiefdoms UK and France. They are the French BNP ($3 trillion in assets), Royal Bank of Scotland ($2.7 trillion), the UK-based HSBC Holdings ($2.4 trillion), the French Credit Agricole ($2.2 trillion) and the British Barclays ($2.2 trillion).
In the US, a combination of deregulation and merger-mania has left four mega-banks ruling the financial roost. According to Global Finance, as of 2010 they are Bank of America ($2.2 trillion), JP Morgan Chase ($2 trillion), Citigroup ($1.9 trillion) and Wells Fargo ($1.25 trillion). I have dubbed them the Four Horsemen of US banking.
Consolidating the US Money Power
The September 2000 marriage which created JP Morgan Chase was the grandest merger in a frenzy of bank consolidation that took place throughout the 1990’s. Merger mania was fed by a massive deregulation of the banking industry including revocation of the Glass Steagal Act of 1933, which was enacted after the Great Depression to curb the banking monopolies which had caused the 1929 stock market crash and precipitated the Great Depression.
In July 1929 Goldman Sachs launched two investment trusts called Shenandoah and Blue Ridge. Through August and September they touted 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 were bailing out of the stock market. By the fall of 1934 the trust shares were worth $1.75 each. One director at both Shenandoah and Blue Ridge was Sullivan & Cromwell lawyer John Foster Dulles. [1]
John Merrill, founder of Merrill Lynch, exited the stock market in 1928, as did insiders at Lehman Brothers. Chase Manhattan Chairman Alfred Wiggin took his “hunch” to the next level, forming Shermar Corporation in 1929 to short the stock of his own company. Following the Crash of 1929, Citibank President Charles Mitchell was jailed for tax evasion. [2]
In February 1995 President Bill Clinton announced plans to wipe out both Glass Steagal and the Bank Holding Company Act of 1956- which barred banks from owning insurance companies and other financial entities. That day the old opium and slave trader Barings went belly up after one of its Singapore-based traders named Nicholas Gleason got caught on the wrong side of billions of dollars in derivative currency trades. [3]
The warning went unheeded. In 1991 US taxpayers, already billed over $500 billion dollars for the S&L looting, were charged another $70 billion to bail out the FDIC, then footed the bill for a secret 2 1/2-year rescue of Citibank, which was close to collapse after the Latin American debt crunch hit home. With their bill’s paid by US taxpayers and bank deregulation a done deal, the stage was set for a slew of bank mergers like none the world had ever seen.
Reagan Undersecretary of Treasury George Gould had stated that concentration of banking into five to ten giant banks was what the US economy needed. Gould’s nightmare vision was about to come true.
In 1992 Bank of America bought its biggest West Coast rival Security Pacific, then swallowed up the looted Continental Bank of Illinois for cheap. Bank of America later took a 34% stake in Black Rock (Barclays owns 20% of Black Rock) and an 11% share in China Construction Bank, making it the nation’s second largest bank holding company with assets of $214 billion. Citibank controlled $249 billion. [4] Both banks have since increase their assets to around $2 trillion each.
In 1993 Chemical Bank gobbled up Texas Commerce to become the third largest bank holding company with $170 billion in assets. Chemical Bank had already merged with Manufacturers Hanover Trust in 1990.
North Carolina National Bank and C&S Sovran merged into Nation’s Bank, then the fourth largest US bank holding company, with $169 billion in its war chest. Fleet Norstar bought Bank of New England, while Norwest bought United Banks of Colorado.
Throughout this period US bank profits were soaring, breaking records with each new quarter. The year 1995 broke all previous records for bank mergers. Deals totaling $389 billion occurred that year. [5]
The Big Five investment banks, who had just made boatloads of money steering Latin American debt negotiations, now made a killing steering the bank and industrial merger- mania of the 1980’s and 1990’s.
According to Standard & Poors the top five investment banks were Merrill Lynch, Goldman Sachs, Morgan Stanley Dean Witter, Salomon Smith Barney and Lehman Brothers. One deal that fell through in 1995 was a proposed merger between London’s biggest investment bank S. G. Warburg and Morgan Stanley Dean Witter. Warburg chose Union Bank of Switzerland as its suitor instead, creating UBS Warburg as a sixth force in investment banking.
After the 1995 feeding frenzy, the money center banks moved aggressively into the Middle East, establishing operations in Tel Aviv, Beirut and Bahrain- where the US 5th Fleet was setting up shop. Bank privatizations in Egypt, Morocco, Tunisia and Israel opened the door to the mega-banks in those nations. Chase and Citibank borrowed money to Royal Dutch/Shell and Saudi Petrochemical, while JP Morgan advised the Qatargas consortium led by Exxon Mobil. [6]
The global insurance industry had a case of merger mania as well. By 1995 Traveler’s Group had bought Aetna, Warren Buffet’s Berkshire Hathaway had eaten up Geico, Zurich Insurance had swallowed Kemper Corporation, CNA Financial had purchased Continental Companies and General RE Corporation had sunk its teeth into Colonia Konzern AG.
In late 1998 the Citibank colossus merged with Travelers Group to become Citigroup, creating a behemoth worth $700 billion that boasted 163,000 employees in over 100 countries and included the firms of Salomon Smith Barney (a joint venture with Morgan Stanley), Commercial Credit, Primerica Financial Services, Shearson Lehman, Barclays America, Aetna and Security Pacific Financial. [7]
That same year Bankers Trust and US investment bank Alex Brown were swooped up by Deutsche Bank, which had also purchased Morgan Grenfell of London in 1989. The purchase made Deutsche Bank the world’s largest bank at the time with assets of $882 billion. In January 2002, Japanese titans Mitsubishi and Sumitomo combined operations to create Mitsubishi Sumitomo Bank, which surpassed Deutsche Bank with assets of $905 billion. [8]
By 2004 HSBC had become the world’s second largest bank. Six years later all three behemoths had been eclipsed by both BNP and Royal Bank of Scotland.
In the US, the George Gould nightmare reached its ugly nadir just in time for the new millennium when Chase Manhattan swallowed up Chemical Bank. Bechtel banker Wells Fargo bought Norwest Bank, while Bank of America absorbed Nations Bank. The coup de grace came when the reunified House of Morgan announced that it would merge with the Rockefeller Chase Manhattan/Chemical Bank/ Manufacturers Hanover machine.
Four giant banks emerged to rule the US financial roost. JP Morgan Chase and Citigroup were kings of capital on the East Coast. Together they control 52.86% of the New York Federal Reserve Bank. [9] Bank of America and Wells Fargo reigned supreme on the West Coast.
During the 2008 banking crisis these firms got much larger, receiving a nearly $1 trillion government bailout compliments of Bush Treasury Secretary and Goldman Sachs alumni Henry Paulsen; while quietly taking over distressed assets for pennies on the dollar.
Barclays took over Lehman Brothers. JP Morgan Chase got Washington Mutual and Bear Stearns. Bank of America was handed Merrill Lynch and Countrywide. Wells Fargo swallowed up the nation's 5th biggest bank- Wachovia.
The same Eight Families-controlled banks which for decades had galloped their Four Horsemen of oil roughshod through the Persian Gulf oil patch are now more powerful than at any time in history. They are the Four Horsemen of US banking.
[1] The Great Crash of 1929. John Kenneth Galbraith. Houghton, Mifflin Company. Boston. 1979. p.148
[2] Ibid
[3] Evening Edition. National Public Radio. 2-27-95
[4] “Bank of America will Purchase Chicago Bank”. The Register-Guard. Eugene, OR. 1-29-94
[5] “Big-time Bankers Profit from M&A Fever”. Knight-Ridder News Service. 12-30-95
[6] “US Banks find New Opportunities in the Middle East”. Amy Dockser Marcus. Wall Street Journal. 10-12-95
[7] “Making a Money Machine”. Daniel Kadlec. Time. 4-20-98. p.44
[8] BBC World News. 1-20-02
[9] Rule by Secrecy: The Hidden History that Connects the Trilateral Commission, the Freemasons and the Great Pyramids”. Jim Marrs. HarperCollins Publishers. New York. 2000. p.74
THE FEDERAL RESERVE CARTEL : THE EIGHT FAMILIES
Dean Henderson
The Four Horsemen of Banking (Bank of America, JP
Morgan Chase, Citigroup and Wells Fargo) own the
Four Horsemen of Oil (Exxon Mobil, Royal
Dutch/Shell, BP and Chevron Texaco); in tandem
with Deutsche Bank, BNP, Barclays and other
European old money behemoths. But their monopoly
over the global economy does not end at the edge of the oil patch.
According to company 10K filings to the SEC, the
Four Horsemen of Banking are among the top ten
stock holders of virtually every Fortune 500 corporation.[1]
So who then are the stockholders in these money center banks?
This information is guarded much more closely. My
queries to bank regulatory agencies regarding
stock ownership in the top 25 US bank holding
companies were given Freedom of Information Act
status, before being denied on “national
security” grounds. This is rather ironic, since
many of the bank’s stockholders reside in Europe.
One important repository for the wealth of the
global oligarchy that owns these bank holding
companies is US Trust Corporation - founded in
1853 and now owned by Bank of America. A recent
US Trust Corporate Director and Honorary Trustee
was Walter Rothschild. Other directors included
Daniel Davison of JP Morgan Chase, Richard Tucker
of Exxon Mobil, Daniel Roberts of Citigroup and
Marshall Schwartz of Morgan Stanley. [2]
J. W. McCallister, an oil industry insider with
House of Saud connections, wrote in The Grim
Reaper that information he acquired from Saudi
bankers cited 80% ownership of the New York
Federal Reserve Bank- by far the most powerful
Fed branch- by just eight families, four of which
reside in the US. They are the Goldman Sachs,
Rockefellers, Lehmans and Kuhn Loebs of New York;
the Rothschilds of Paris and London; the Warburgs
of Hamburg; the Lazards of Paris; and the Israel Moses Seifs of Rome.
CPA Thomas D. Schauf corroborates McCallister’s
claims, adding that ten banks control all twelve
Federal Reserve Bank branches. He names N.M.
Rothschild of London, Rothschild Bank of Berlin,
Warburg Bank of Hamburg, Warburg Bank of
Amsterdam, Lehman Brothers of New York, Lazard
Brothers of Paris, Kuhn Loeb Bank of New York,
Israel Moses Seif Bank of Italy, Goldman Sachs of
New York and JP Morgan Chase Bank of New York.
Schauf lists William Rockefeller, Paul Warburg,
Jacob Schiff and James Stillman as individuals
who own large shares of the Fed. [3] The Schiffs
are insiders at Kuhn Loeb. The Stillmans are
Citigroup insiders, who married into the
Rockefeller clan at the turn of the century.
Eustace Mullins came to the same conclusions in
his book The Secrets of the Federal Reserve, in
which he displays charts connecting the Fed and
its member banks to the families of Rothschild,
Warburg, Rockefeller and the others. [4]
The control that these banking families exert
over the global economy cannot be overstated and
is quite intentionally shrouded in secrecy. Their
corporate media arm is quick to discredit any
information exposing this private central banking
cartel as “conspiracy theory”. Yet the facts remain.
The House of Morgan
The Federal Reserve Bank was born in 1913, the
same year US banking scion J. Pierpont Morgan
died and the Rockefeller Foundation was formed.
The House of Morgan presided over American
finance from the corner of Wall Street and Broad,
acting as quasi-US central bank since 1838, when
George Peabody founded it in London.
Peabody was a business associate of the
Rothschilds. In 1952 Fed researcher Eustace
Mullins put forth the supposition that the
Morgans were nothing more than Rothschild agents.
Mullins wrote that the Rothschilds, “…preferred
to operate anonymously in the US behind the
facade of J.P. Morgan & Company”. [5]
Author Gabriel Kolko stated, “Morgan’s activities
in 1895-1896 in selling US gold bonds in Europe
were based on an alliance with the House of Rothschild.” [6]
The Morgan financial octopus wrapped its
tentacles quickly around the globe. Morgan
Grenfell operated in London. Morgan et Ce ruled
Paris. The Rothschild's Lambert cousins set up
Drexel & Company in Philadelphia.
The House of Morgan catered to the Astors,
DuPonts, Guggenheims, Vanderbilts and
Rockefellers. It financed the launch of AT&T,
General Motors, General Electric and DuPont. Like
the London-based Rothschild and Barings banks,
Morgan became part of the power structure in many countries.
By 1890 the House of Morgan was lending to
Egypt’s central bank, financing Russian
railroads, floating Brazilian provincial
government bonds and funding Argentine public
works projects. A recession in 1893 enhanced
Morgan’s power. That year Morgan saved the US
government from a bank panic, forming a syndicate
to prop up government reserves with a shipment of
$62 million worth of Rothschild gold. [7]
Morgan was the driving force behind Western
expansion in the US, financing and controlling
West-bound railroads through voting trusts. In
1879 Cornelius Vanderbilt’s Morgan-financed New
York Central Railroad gave preferential shipping
rates to John D. Rockefeller’s budding Standard
Oil monopoly, cementing the Rockefeller/Morgan relationship.
The House of Morgan now fell under Rothschild and
Rockefeller family control. A New York Herald
headline read, “Railroad Kings Form Gigantic
Trust”. J. Pierpont Morgan, who once stated,
“Competition is a sin”, now opined gleefully,
“Think of it. All competing railroad traffic west
of St. Louis placed in the control of about thirty men.”[8]
Morgan and Edward Harriman’s banker Kuhn Loeb
held a monopoly over the railroads, while banking
dynasties Lehman, Goldman Sachs and Lazard joined
the Rockefellers in controlling the US industrial base. [9]
In 1903 Banker’s Trust was set up by the Eight
Families. Benjamin Strong of Banker’s Trust was
the first Governor of the New York Federal
Reserve Bank. The 1913 creation of the Fed fused
the power of the Eight Families to the military
and diplomatic might of the US government. If
their overseas loans went unpaid, the oligarchs
could now deploy US Marines to collect the debts.
Morgan, Chase and Citibank formed an international lending syndicate.
The House of Morgan was cozy with the British
House of Windsor and the Italian House of Savoy.
The Kuhn Loebs, Warburgs, Lehmans, Lazards,
Israel Moses Seifs and Goldman Sachs also had
close ties to European royalty. By 1895 Morgan
controlled the flow of gold in and out of the US.
The first American wave of mergers was in its
infancy and was being promoted by the bankers. In
1897 there were sixty-nine industrial mergers. By
1899 there were twelve-hundred. In 1904 John
Moody - founder of Moody’s Investor Services -
said it was impossible to talk of Rockefeller and
Morgan interests as separate. [10]
Public distrust of the combine spread. Many
considered them traitors working for European old
money. Rockefeller’s Standard Oil, Andrew
Carnegie’s US Steel and Edward Harriman’s
railroads were all financed by banker Jacob
Schiff at Kuhn Loeb, who worked closely with the European Rothschilds.
Several Western states banned the bankers.
Populist preacher William Jennings Bryan was
thrice the Democratic nominee for President from
1896 -1908. The central theme of his
anti-imperialist campaign was that America was
falling into a trap of “financial servitude to
British capital”. Teddy Roosevelt defeated Bryan
in 1908, but was forced by this spreading
populist wildfire to enact the Sherman Anti-Trust
Act. He then went after the Standard Oil Trust.
In 1912 the Pujo hearings were held, addressing
concentration of power on Wall Street. That same
year Mrs. Edward Harriman sold her substantial
shares in New York’s Guaranty Trust Bank to J.P.
Morgan, creating Morgan Guaranty Trust. Judge
Louis Brandeis convinced President Woodrow Wilson
to call for an end to interlocking board
directorates. In 1914 the Clayton Anti-Trust Act was passed.
Jack Morgan - J. Pierpont’s son and successor -
responded by calling on Morgan clients Remington
and Winchester to increase arms production. He
argued that the US needed to enter WWI. Goaded by
the Carnegie Foundation and other oligarchy
fronts, Wilson accommodated. As Charles Tansill
wrote in America Goes to War, “Even before the
clash of arms, the French firm of Rothschild
Freres cabled to Morgan & Company in New York
suggesting the flotation of a loan of $100
million, a substantial part of which was to be
left in the US to pay for French purchases of American goods.”
The House of Morgan financed half the US war
effort, while receiving commissions for lining up
contractors like GE, Du Pont, US Steel, Kennecott
and ASARCO. All were Morgan clients. Morgan also
financed the British Boer War in South Africa and
the Franco-Prussian War. The 1919 Paris Peace
Conference was presided over by Morgan, which led
both German and Allied reconstruction efforts. [11]
In the 1930’s populism resurfaced in America
after Goldman Sachs, Lehman Bank and others
profited from the Crash of 1929. [12] House
Banking Committee Chairman Louis McFadden (D-NY)
said of the Great Depression, “It was no
accident. It was a carefully contrived
occurrence...The international bankers sought to
bring about a condition of despair here so they
might emerge as rulers of us all”.
Sen. Gerald Nye (D-ND) chaired a munitions
investigation in 1936. Nye concluded that the
House of Morgan had plunged the US into WWI to
protect loans and create a booming arms industry.
Nye later produced a document titled The Next
War, which cynically referred to “the old goddess
of democracy trick”, through which Japan could be
used to lure the US into WWII.
In 1937 Interior Secretary Harold Ickes warned of
the influence of “America’s 60 Families”.
Historian Ferdinand Lundberg later penned a book
of the exact same title. Supreme Court Justice
William O. Douglas decried, “Morgan
influence...the most pernicious one in industry and finance today.”
Jack Morgan responded by nudging the US towards
WWII. Morgan had close relations with the Iwasaki
and Dan families - Japan’s two wealthiest clans -
who have owned Mitsubishi and Mitsui,
respectively, since the companies emerged from
17th Century shogunates. When Japan invaded
Manchuria, slaughtering Chinese peasants at
Nanking, Morgan downplayed the incident. Morgan
also had close relations with Italian fascist
Benito Mussolini, while German Nazi Dr. Hjalmer
Schacht was a Morgan Bank liaison during WWII.
After the war Morgan representatives met with
Schacht at the Bank of International Settlements
(BIS) in Basel, Switzerland. [13]
The House of Rockefeller
BIS is the most powerful bank in the world, a
global central bank for the Eight Families who
control the private central banks of almost all
Western and developing nations. The first
President of BIS was Rockefeller banker Gates
McGarrah- an official at Chase Manhattan and the
Federal Reserve. McGarrah was the grandfather of
former CIA director Richard Helms. The
Rockefellers- like the Morgans- had close ties to
London. David Icke writes in Children of the
Matrix, that the Rockefellers and Morgans were
just “gofers” for the European Rothschilds. [14]
BIS is owned by the Federal Reserve, Bank of
England, Bank of Italy, Bank of Canada, Swiss
National Bank, Nederlandsche Bank, Bundesbank and Bank of France.
Historian Carroll Quigley wrote in his epic book
Tragedy and Hope that BIS was part of a plan, “to
create a world system of financial control in
private hands able to dominate the political
system of each country and the economy of the
world as a whole...to be controlled in a
feudalistic fashion by the central banks of the
world acting in concert by secret agreements.”
The US government had a historical distrust of
BIS, lobbying unsuccessfully for its demise at
the 1944 post-WWII Bretton Woods Conference.
Instead the Eight Families’ power was
exacerbated, with the Bretton Woods creation of
the IMF and the World Bank. The US Federal
Reserve only took shares in BIS in September 1994. [15]
BIS holds at least 10% of monetary reserves for
at least 80 of the world’s central banks, the IMF
and other multilateral institutions. It serves as
financial agent for international agreements,
collects information on the global economy and
serves as lender of last resort to prevent global financial collapse.
BIS promotes an agenda of monopoly capitalist
fascism. It gave a bridge loan to Hungary in the
1990’s to ensure privatization of that country’s
economy. It served as conduit for Eight Families
funding of Adolf Hitler- led by the Warburg's J.
Henry Schroeder and Mendelsohn Bank of Amsterdam.
Many researchers assert that BIS is at the nadir
of global drug money laundering. [16]
It is no coincidence that BIS is headquartered in
Switzerland, favorite hiding place for the wealth
of the global aristocracy and headquarters for
the P-2 Italian Freemason’s Alpina Lodge and Nazi
International. Other institutions which the Eight
Families control include the World Economic
Forum, the International Monetary Conference and the World Trade Organization.
Bretton Woods was a boon to the Eight Families.
The IMF and World Bank were central to this “new
world order”. In 1944 the first World Bank bonds
were floated by Morgan Stanley and First Boston.
The French Lazard family became more involved in
House of Morgan interests. Lazard Freres-
France’s biggest investment bank- is owned by the
Lazard and David-Weill families- old Genoese
banking scions represented by Michelle Davive. A
recent Chairman and CEO of Citigroup was Sanford Weill.
In 1968 Morgan Guaranty launched Euro-Clear, a
Brussels-based bank clearing system for
Eurodollar securities. It was the first such
automated endeavor. Some took to calling
Euro-Clear “The Beast”. Brussels serves as
headquarters for the new European Central Bank
and for NATO. In 1973 Morgan officials met
secretly in Bermuda to illegally resurrect the
old House of Morgan, twenty years before Glass
Steagal Act was repealed. Morgan and the
Rockefellers provided the financial backing for
Merrill Lynch, boosting it into the Big 5 of US
investment banking. Merrill is now part of Bank of America.
John D. Rockefeller used his oil wealth to
acquire Equitable Trust, which had gobbled up
several large banks and corporations by the
1920’s. The Great Depression helped consolidate
Rockefeller’s power. His Chase Bank merged with
Kuhn Loeb’s Manhattan Bank to form Chase
Manhattan, cementing a long-time family
relationship. The Kuhn-Loeb’s had financed -
along with Rothschilds - Rockefeller's quest to
become king of the oil patch. National City Bank
of Cleveland provided John D. with the money
needed to embark upon his monopolization of the
US oil industry. The bank was identified in
Congressional hearings as being one of three
Rothschild-owned banks in the US during the
1870’s, when Rockefeller first incorporated as Standard Oil of Ohio. [17]
One Rockefeller Standard Oil partner was Edward
Harkness, whose family came to control Chemical
Bank. Another was James Stillman, whose family
controlled Manufacturers Hanover Trust. Both
banks have merged under the JP Morgan Chase
umbrella. Two of James Stillman’s daughters
married two of William Rockefeller’s sons. The
two families control a big chunk of Citigroup as well. [18]
In the insurance business, the Rockefellers
control Metropolitan Life, Equitable Life,
Prudential and New York Life. Rockefeller banks
control 25% of all assets of the 50 largest US
commercial banks and 30% of all assets of the 50
largest insurance companies. [19] Insurance
companies- the first in the US was launched by
Freemasons through their Woodman’s of America-
play a key role in the Bermuda drug money shuffle.
Companies under Rockefeller control include Exxon
Mobil, Chevron Texaco, BP Amoco, Marathon Oil,
Freeport McMoran, Quaker Oats, ASARCO, United,
Delta, Northwest, ITT, International Harvester,
Xerox, Boeing, Westinghouse, Hewlett-Packard,
Honeywell, International Paper, Pfizer, Motorola,
Monsanto, Union Carbide and General Foods.
The Rockefeller Foundation has close financial
ties to both Ford and Carnegie Foundations. Other
family philanthropic endeavors include
Rockefeller Brothers Fund, Rockefeller Institute
for Medical Research, General Education Board,
Rockefeller University and the University of
Chicago- which churns out a steady stream of far
right economists as apologists for international
capital, including Milton Friedman.
The family owns 30 Rockefeller Plaza, where the
national Christmas tree is lighted every year,
and Rockefeller Center. David Rockefeller was
instrumental in the construction of the World
Trade Center towers. The main Rockefeller family
home is a hulking complex in upstate New York
known as Pocantico Hills. They also own a 32-room
5th Avenue duplex in Manhattan, a mansion in
Washington, DC, Monte Sacro Ranch in Venezuela,
coffee plantations in Ecuador, several farms in
Brazil, an estate at Seal Harbor, Maine and
resorts in the Caribbean, Hawaii and Puerto Rico. [20]
The Dulles and Rockefeller families are cousins.
Allen Dulles created the CIA, assisted the Nazis,
covered up the Kennedy hit from his Warren
Commission perch and struck a deal with the
Muslim Brotherhood to create mind-controlled assassins. [21]
Brother John Foster Dulles presided over the
phony Goldman Sachs trusts before the 1929 stock
market crash and helped his brother overthrow
governments in Iran and Guatemala. Both were
Skull & Bones, Council on Foreign Relations (CFR)
insiders and 33rd Degree Masons. [22]
The Rockefellers were instrumental in forming the
depopulation-oriented Club of Rome at their
family estate in Bellagio, Italy. Their Pocantico
Hills estate gave birth to the Trilateral
Commission. The family is a major funder of the
eugenics movement which spawned Hitler, human
cloning and the current DNA obsession in US scientific circles.
John Rockefeller Jr. headed the Population
Council until his death. [23] His namesake son is
a Senator from West Virginia. Brother Winthrop
Rockefeller was Lieutenant Governor of Arkansas
and remains the most powerful man in that state.
In an October 1975 interview with Playboy
magazine, Vice-President Nelson Rockefeller- who
was also Governor of New York- articulated his
family's patronizing worldview, “I am a great
believer in planning- economic, social,
political, military, total world planning.”
But of all the Rockefeller brothers, it is
Trilateral Commission (TC) founder and Chase
Manhattan Chairman David who has spearheaded the
family’s fascist agenda on a global scale. He
defended the Shah of Iran, the South African
apartheid regime and the Chilean Pinochet junta.
He was the biggest financier of the CFR, the TC
and (during the Vietnam War) the Committee for an
Effective and Durable Peace in Asia- a contract
bonanza for those who made their living off the conflict.
Nixon asked him to be Secretary of Treasury, but
Rockefeller declined the job, knowing his power
was much greater at the helm of the Chase. Author
Gary Allen writes in The Rockefeller File that in
1973, “David Rockefeller met with twenty-seven
heads of state, including the rulers of Russia and Red China.”
Following the 1975 Nugan Hand Bank/CIA coup
against Australian Prime Minister Gough Whitlam,
his British Crown-appointed successor Malcolm
Fraser sped to the US, where he met with
President Gerald Ford after conferring with David Rockefeller. [24]
Next Week: Part II: Freemasons & The Bank of the United States
Notes
[1] 10K Filings of Fortune 500 Corporations to SEC. 3-91
[2] 10K Filing of US Trust Corporation to SEC. 6-28-95
[3] “The Federal Reserve ‘Fed Up’. Thomas Schauf. www.davidicke.com 1-02
[4] The Secrets of the Federal Reserve. Eustace
Mullins. Bankers Research Institute. Staunton, VA. 1983. p.179
[5] Ibid. p.53
[6] The Triumph of Conservatism. Gabriel Kolko.
MacMillan and Company New York. 1963. p.142
[7] Rule by Secrecy: The Hidden History that
Connects the Trilateral Commission, the
Freemasons and the Great Pyramids. Jim Marrs.
HarperCollins Publishers. New York. 2000. p.57
[8] The House of Morgan. Ron Chernow. Atlantic Monthly Press NewYork 1990
[9] Marrs. p.57
[10] Democracy for the Few. Michael Parenti. St.
Martin’s Press. New York. 1977. p.178
[11] Chernow
[12] The Great Crash of 1929. John Kenneth
Galbraith. Houghton, Mifflin Company. Boston. 1979. p.148
[13] Chernow
[14] Children of the Matrix. David Icke. Bridge of Love. Scottsdale, AZ. 2000
[15] The Confidence Game: How Un-Elected Central
Bankers are Governing the Changed World Economy.
Steven Solomon. Simon & Schuster. New York. 1995. p.112
[16] Marrs. p.180
[17] Ibid. p.45
[18] The Money Lenders: The People and Politics
of the World Banking Crisis. Anthony Sampson. Penguin Books. New York. 1981
[19] The Rockefeller File. Gary Allen. ’76 Press. Seal Beach, CA. 1977
[20] Ibid
[21] Dope Inc.: The Book That Drove Kissinger
Crazy. Editors of Executive Intelligence Review. Washington, DC. 1992
[22] Marrs.
[23] The Rockefeller Syndrome. Ferdinand
Lundberg. Lyle Stuart Inc. Secaucus, NJ. 1975. p.296
[24] Marrs. p.53
Dean Henderson is the author of Big Oil & Their
Bankers in the Persian Gulf: Four Horsemen, Eight
Families & Their Global Intelligence, Narcotics &
Terror Network and The Grateful Unrich:
Revolution in 50 Countries. His Left Hook blog is
at www.deanhenderson.wordpress.com