(Part one of a four-part series)
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