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Re: 3xBuBu post# 35714

Sunday, 09/28/2008 1:09:32 PM

Sunday, September 28, 2008 1:09:32 PM

Post# of 72997
Rockefellers own JPM and their special ed cousin C, now Buffet owns WFC and USB. It's clear to see who will be the kings left standing. BAC is interesting because it seems like they are a puppet at hand forced to buy such companies(countrywide, Merrill) for much more than they're worth.


Led by David Rockefeller during the 1970s and the 1980s, Chase Manhattan emerged as one of the largest and most prestigious banking concerns, with leadership positions in syndicated lending, treasury and securities services, credit cards, mortgages, and retail financial services. Weakened by the real estate collapse in the early 1990s, it was acquired by Chemical Bank in 1996 but retained the Chase name.

Citi
In 1952, James Stillman Rockefeller was elected president and then chairman in 1959, serving until 1967. Stillman was a direct descendant of the Rockefeller family through the William Rockefeller (the brother of John D.) branch; in 1960 his second cousin, David Rockefeller, became president of Chase Manhattan Bank, National City's long-time New York rival for dominance in the banking industry in America.

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