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The site browser studied the history of billionaire David Rockefeller, who created the international bank Chase Manhattan Bank and became famous for his philanthropic activities, close acquaintance with the heads of many states and participation in international organizations. During his lifetime, Rockefeller became a defendant in various conspiracy theories.
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One of Rockefeller's successes at the head of Chase Manhattan Bank was the entry into the USSR market. In 1964, he personally communicated with Nikita Khrushchev. There is an entire chapter in Rockefeller's memoirs devoted to conversation.
In 1971, Chase Manhattan Bank helped the USSR finance a major grain purchase, and in 1973 opened a branch in Moscow. Chase became the first US bank to obtain a license in the USSR. Rockefeller came to Soviet Union and talked with Brezhnev, Kosygin and Gorbachev.
Mikhail Sergeevich Gorbachev and David Rockefeller
In 1973, the oil crisis began. Chase and a number of international banks were tasked with recycling dollars and supporting the international trading and financial system.
Rockefeller had to work hard and hard. He bailed out the banks different countries. Among them was Italy, where the balance of payments deficit amounted to several billion, and the state did not have enough money to buy oil. Rockefeller was acquainted with the head of the Bank of Italy, Guido Carli, and, at his request, issued a loan of $ 250 million.
In the 70s, the company successfully expanded into the markets of the Middle East and North Africa. In 1970, she jointly owned a bank in Dubai, had a branch in Lebanon and a representative office in Bahrain. Rockefeller opened a representative office in Tunisia, a branch in Jordan. Joint banks were also created in Saudi Arabia, Qatar, Iran, Kuwait and other countries. A decisive role in these processes was played by personal acquaintance with the majority of the rulers of the region.
In the mid-1970s, Chase Manhattan Bank experienced a better times. He faced significant losses in his real estate portfolio that brought Chase Manhattan Mortgage and Realty Trust to the brink of bankruptcy. Problems arose with operations management systems, which led to a drop in service levels and lower revenues. They were connected with the computerization of this direction.
The revision of the trading report cost $33 million. The press broke into high-profile stories about the failure of the bank and that Rockefeller should have fired himself. The situation was complicated by the success of Citibank, its main competitor, which managed to beat Chase in all financial indicators. Rockefeller almost lost his job because of the problems that arose.
The businessman tried to save the Chase Manhattan Mortgage and Realty Trust with the help of a leadership reshuffle, for which he organized a group to study the situation, make calculations and search for alternatives.
It turned out that the bank's investment in Chase Manhattan Mortgage and Realty Trust was four times the cost of capital of this fund. Chase's liabilities to the trust fund amounted to 10% of the bank's assets. Bankruptcy would have resulted in other fund lenders demanding subordination of the Chase Manhattan Bank loan, which would have exhausted it completely. Litigation with creditors would lead to financial costs, reputational damage and a drop in the value of shares.
Thanks to the reports provided by the council and the action plan, Rockefeller kept his job and got time to correct the situation. The real estate trust's rescue strategy was to purchase $210 million of its loans. Chase was to provide the fund with $34 million in new loans for projects in progress and, along with other lenders, reduce the interest charged to the Chase Manhattan Mortgage and Realty Trust.
Already in 1977, Rockefeller and Butcher were able to introduce new computer systems, solve problems with operations and stabilize the situation in the mortgage trust fund. But the bank's revival dragged on until the end of the decade.
Chase Manhattan Mortgage and Realty Trust is still in 1979, but thanks to the measures taken, the consequences were not so severe. From 1975 to 1979, the bank wrote off $600 million in real estate loans, and total expenses reached almost $1 billion. Chase Manhattan Bank made up for the losses due to the success of other lines.
Restoring Chase Manhattan was a matter of honor for Rockefeller. In 1980, he turned 65 years old, and he was obliged to leave the leadership due to age. Therefore, he promptly launched a massive bank recovery program. The changes concerned the administrative part. He introduced an annual personnel review system to identify the most talented employees. The rapid growth of salaries and bonuses began to depend on the results achieved.
The bank's corporate culture has also changed. Prior to Rockefeller's sole tenure as chairman and CEO of Chase, the bank operated in a structure with little interaction between departments. The heads of some units behaved like appanage princes, and internal competition led to problems.
Rockefeller restructured and created three divisions - personal banking, institutional banking and corporate banking.
To achieve great results, the concept of corporate social responsibility was introduced. To consolidate leaders in this direction, several differences were introduced from the standard practice at that time.
WriteIn 1954, David Rockefeller became the youngest-ever director of the Council on Foreign Relations, from 1970-1985 he headed its board of directors, and is now honorary chairman of the board of directors.
D. Rockefeller met with prominent politicians in many countries. Among them:
The meeting lasted 2 hours and 15 minutes. David Rockefeller called it "interesting". According to him, Khrushchev spoke about the need to increase trade between the USSR and the USA (New York Times, September 12, 1964).
The details of the meeting were not disclosed. According to official data, the issue of trade relations between the USSR and the USA was discussed on the eve of the adoption by the US Congress of the Jackson-Vanik amendment, which restricts trade relations from the USSR. In an interview with the New York Times on May 22, 1973, D. Rockefeller said:
"Soviet leaders seem to be confident that President Nixon will win [in Congress] the most favored nation trade regime for the USSR."
However, this did not happen and the Jackson-Vanik amendment was adopted in 1974.
On March 22, 1976, D. Rockefeller "agreed to become an informal financial adviser" to A. Sadat. After 18 months, Sadat announced his readiness to visit Israel, and after another 10 months, the Camp David Accords were signed, which changed geopolitical situation in the Middle East for the United States.
In 1989, David Rockefeller visited the USSR at the head of a Trilateral Commission delegation that included Henry Kissinger, former French President Valéry Giscard d'Estaing (member of the Bilderberg Club and later chief editor of the EU constitution), former Japanese Prime Minister Yasuhiro Nakasone, and William Hyland, editor of the Council on Foreign Relations of the journal Foreign Affairs. At a meeting with Mikhail Gorbachev, the delegation was interested in how the USSR was going to integrate into world economy and received appropriate explanations from Mikhail Gorbachev.
The next meeting of D. Rockefeller and other representatives of the Trilateral Commission and Mikhail Gorbachev with the participation of his entourage took place in Moscow in 1991. [[C:Wikipedia:Articles without sources (country: Lua error: callParserFunction: function "#property" was not found. )]][[C:Wikipedia:Articles without sources (country: Lua error: callParserFunction: function "#property" was not found. )]]
Then MS Gorbachev paid a return visit to New York. On May 12, 1992, already a private citizen, he met with Rockefeller at the Waldorf Astoria Hotel.
The official purpose of the visit was to negotiate the receipt by Mikhail Gorbachev of financial assistance in the amount of $75 million for the organization of a global fund and a "presidential (?) American-style library."
The negotiations went on for an hour. The next day, in an interview with The New York Times, David Rockefeller said that Mikhail Gorbachev was "very energetic, extremely alive and full of ideas."
October 20, 2003 David Rockefeller again arrived in Russia. The official purpose of the visit is the presentation of the Russian translation of his memoirs. On the same day, David Rockefeller met with Moscow Mayor Yuri Luzhkov.
David Rockefeller married Margaret "Peggy" McGrath (1915-1996) on September 7, 1940. She was the daughter of a partner in a prominent Wall Street law firm. They had six children:
As of 2002, David Rockefeller had 10 grandchildren: David's son's children: Ariana and Camilla; Neva's daughter's children: David, Miranda; Peggy's daughter's children: Michael; Richard's son's children: Clay and Rebecca; Abby's daughter's children: Christopher; Eileen: Danny and Adam.
One of his granddaughters, Miranda Duncan (b. 1971), came to the attention of the press in April 2005 when she publicly resigned without explanation as an investigator in a corruption case under the United Nations Oil for Food program. ".
Rockefeller's main home is the Hudson Pines estate, located on family lands in Westchester County. He also owns a house in Manhattan, New York, at 65 East Street, as well as a country residence known as the "Four Winds" in Livingston, New York, Columbia, where his wife founded the Simmental meat farm ( named after a valley in the Swiss Alps).
About the founder of the powerful Rockefeller dynasty - John - there was a bike: he supposedly dreamed of earning a million dollars and living to be 100 years old. He became a billionaire, but died at 97. His no less influential descendant fulfilled the precepts of his grandfather: on March 20, 2017, at the age of 101, he was in a dream in his house; his fortune is estimated at three billion dollars.
Although David Rockefeller was not at the top of the list the richest people planets (according to the version, he occupied the 581st place), the most incredible rumors constantly revolved around him. He was credited with almost managing the world through a mysterious organization of wealthy like-minded people - world government. These rumors did not arise by chance. David was an active supporter of globalization and made considerable efforts to make complex international processes more manageable.
“His status was higher than some corporate title. His influence was felt in Washington and foreign capitals, in the hallways of New York City Hall, art museums, great universities and public schools,” she wrote after his death.
He received an excellent education: he graduated in 1936, studied at the London School of Economics and Political Science, and received a doctorate in economics from the University of Chicago. He worked as a secretary for New York Mayor Fiorello LaGuardia, went through World War II (served in North Africa and France) and returned to family affairs. From 1961 to 1981 he headed one of the largest and most influential financial corporations in the world - Chase Manhattan Bank (now it is called JPMorgan Chase, its assets exceed two trillion dollars).
But when in question about any of the Rockefellers, what is interesting is not so much extracts from the biography as real attempts to reshape the entire world order.
David Rockefeller was a member of the closed Bilderberg Club and attended its meetings since 1954. It is in the Bilderberg Club that many see the world government. At the annual meeting of the most influential people (high-ranking politicians, central bankers, well-known experts, heads of the largest media) they discuss problems of a planetary scale, trying to find some common decision. David, the most prominent globalist, could not help but be a member of the club.
In 1970 he headed the Council for international relations - private organization actively involved in shaping US foreign policy. In 1973 he founded the Trilateral Commission. Adherents of conspiracy theories also often assign it the status of a world government. The declared task of the commission is to consult the authorities of the USA, Europe and Japan. Of course, on global issues. The working name of the organization that Rockefeller came up with is also curious: International Commission for peace and prosperity.
Both the Bilderberg Club, the Council on Foreign Relations, and the Trilateral Commission are still active today, uniting influential globalists from all over the planet.
For my long life David Rockefeller met with many politicians. He negotiated with Nikita Khrushchev and many others. The details of Rockefeller's international visits are unknown, but one can be sure that they somehow touched on the main question for him - how to unite the world and make it a little more predictable.
In his memoirs, Rockefeller gave an answer to the conspiracy theorists. For more than a century, "ideological extremists" have accused his family of "all-encompassing and threatening influence" on the United States, he writes. Someone believes that the dynasty is part of a secret group working against the interests of the United States and into the hands of some "internationalists". “We allegedly colluded with other forces on the planet in order to build an integrated global political and economic structure, that is, a single world. If we are accused of precisely this, then I admit my guilt, and I am proud of it, ”Rockefeller explained.
In fact, the billionaire said that there is no world government, and expressed his deep regret about this. The planet needs more or less unified governance so that humanity can continue to develop normally - this idea was promoted by David Rockefeller, as evidenced by his seemingly utopian proposals. He, in particular, worried about the coming shortage of energy and water, suggested thinking about limiting the population of the planet.
David Rockefeller left the US at a difficult time. The country was headed by another billionaire, but with diametrically opposed views -. Almost everything that the rich globalist fought for - the erasure of borders, the formation of common economic spaces and the strengthening of supranational organizations - is unacceptable for the team of an eccentric president.
Commerce Secretary Wilbur Ross supports the withdrawal of the United States from the Trans-Pacific Partnership and advocates a revision of the NAFTA agreement, which unites all North America. The head was completely opposed to David Rockefeller and his ideas about development alternative sources energy. The new secretary of state became famous back in 2008, when he managed to maintain a leadership position at (the company traces its history back to the Rockefeller Standard Oil), opposing investments in solar and wind energy.
Nevertheless, the views of David Rockefeller will remain relevant and in demand if Donald Trump, in his economic policy, relies not only on isolation and revision of trade agreements, but also on human capital and technology. Without these two ingredients, “making America great again” will be much more difficult.
Family History
bilderberg club
A committed globalist due to the influence of his father, David in early age expanded his ties with the beginning of participation in the meetings of the elite Bilderberg club. His participation in the meetings of the Club began in 1954 with the very first Dutch meeting. For decades, he has been a regular participant in the meetings of the Club and a member of the so-called. "committee of governors", which determines the list of invitees to the next annual meetings.
This list includes the most significant national leaders, who then go to the polls in the respective country. This was the case, for example, with Bill Clinton, who first took part in the meetings of the Club back in 1991, when he was governor of Arkansas (from this and similar episodes, opinions are born that people supported by the Bilderberg Club become national leaders, or even that the Bilderberg Club decides who should be the leader of a country).
views
Rockefeller is known as one of the first and most influential ideologues of globalization and neoconservatism. He is credited with a phrase allegedly said by him at a meeting of the Bilderberg Club in Baden-Baden, Germany, in 1991:
"We are grateful to The Washington Post, The New York Times, Time magazine, and other eminent publications whose leaders have been attending our meetings for nearly forty years and respecting their confidentiality. We would not be able to develop our plan for the world order if all these years the spotlights were turned on us. But in our time, the world is more sophisticated and ready to step towards world government. The supranational sovereignty of the intellectual elite and world bankers is undoubtedly preferable to the national self-determination practiced in past centuries."
In 2002, on p. 405 of the Memoirs he published (publication on English language) Rockefeller writes:
« For more than a hundred years now, ideological extremists at all ends of the political spectrum have enthusiastically referred to certain well-known events, such as my bad experience with Castro, to blame the Rockefeller family for the all-encompassing menacing influence they claim we have on American political and economic institutions. Some even believe that we are part of a secret political group working against the interests of the United States and characterize my family and me as "internationalists" who have colluded with other groups around the world to build a more integrated global political and economic structure- a single world, if you like. If this is the charge, then I plead guilty and I'm proud of it.».
Supporter of birth control and birth control on a worldwide scale. David Rockefeller fears rising energy and water consumption and pollution atmospheric air due to the growth of the world's population. At a UN conference in 2008, he called on the UN to find " Satisfactory Ways to Stabilize the Earth's Population».
Personal life
For many decades he has been devoted to his wife Margaret, whom he affectionately calls Peggy. It is curious that in the history of the owners of millions of fortunes there are cases of long-term and pure love. Although, of course, history may be silent. In marriage, the Rockefellers raised six heirs. David Jr. born 1941, Abby 1943, Neva Goodwin 1944, Peggy Gyulaney 1947, Richard 1949, and Eileen 1952.
David Sr. this moment there are 10 grandchildren: children of David's son: Ariana and Camilla, children of Neva's daughter: David, Miranda, children of Peggy's daughter: Michael, children of Richard's son: Clay and Rebecca, children of Abby's daughter: Christopher, children of Eileen's daughter: Danny and Adam.
In general, the clan is expanding and growing. By the way, the oil oligarchs may not have been persecuted by the press in vain, since the scandalous famous story about the voluntary dismissal of Miranda Duncan (Rockefeller's granddaughter) from the post of investigator in the corruption case under the UN Oil for Food program caused a wide resonance in the press.
The Rockefeller family lives at the Hudson Pines residence in Westchester County. David also has a huge house in Manhattan at 65 East Street. There is a house in the state NY in Colombia. The Simmental meat farm is also located there.
Interesting
He considered painting to be complete debauchery and there is still not a single painting in his house - he instilled this dislike in children. He ate little, treating his appetite as a punishment. " What it is: eat and eat, and still want' he told Henry Ford. By the way, he did not save on food, but he also considered spending on it nonsense. In general, he was a very negatively disposed person to the world, almost a misanthrope. For each generally accepted concept, he had a “flattering” epithet. He hated literally everything that his contemporaries breathed: theater, music, secular society (and its members), love, literature. At the same time, he turned out to be very prolific, and his family was very friendly. It is noteworthy that he was strikingly indifferent to earthly goods, and he was interested in making money as a process. He did not drink, did not smoke, he did not have a single mistress. He generally kept the children in a black body at one time: they wore clothes one after another and rode in turn on the same bicycle. However, this educational moment may have been the right one - but they all learned to achieve their own mind. Here is such a marvelous man, if not for his sweetest character. The first barrel of oil was sold as " excellent tool from lice." It is true: to this day, lice are poisoned with kerosene and its derivatives.
I was madly in love with chestnuts. And he carried them with him everywhere. I ate for rheumatism, but in fact I almost got used to them. The pockets of his trousers were always stuffed with chestnuts.
He founded the first enterprise with borrowed money from his father. The good dad carefully collected penalty interest for late repayment of the debt. By the way, both dad and John himself were dishonest at hand. For example, dad knocked down the price of his goods by playing the destitute deaf. And interestingly, it worked great. Rockefeller subsequently used all the ways of unfair competition, actively fed the monster of corruption. With his money, many became henchmen of his methods.
When he turned 96, the insurance company gave him a prize check for five million dollars (much more), as his longevity significantly corrected statistics that were unprofitable for insurers. It was probably a payment for a ticket to heaven, about which John himself joked darkly alone with his friend Henry, hoping to meet him in heaven.
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Rockefeller David- American banker, statesman, head of the Rockefeller house.
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Rockefeller David, born in New York, USA, is the grandson of the oil tycoon and the first dollar billionaire in history, John D. Rockefeller, the founder of Standard Oil. Younger brother of the 41st US Vice President Nelson Rockefeller and the 37th Governor of Arkansas Winthrop O. Rockefeller.
In 1940 he married Margaret McGrath, the daughter of a partner in a prominent Wall Street law firm. They had six children:
As of 2002, David Rockefeller had 10 grandchildren.
Education:
David Rockefeller was a supporter of globalism - an integrated global political, economic and ideological structure.