Study of the Hegemony of Parasitism - michaeljgoodnight.com

o W.A. Rockefeller 10
o J.P. Morgan Jr. 1000
o National Bank of Commerce -- 250,000 shares:
o George F. Baker 10,000
o J.P. Morgan Co. 7800
o Mary W. Harriman, (widow of E.H. Harriman) 5650
o Paul Warburg 3000
o Jacob Schiff 1000
o J.P. Morgan Jr. 1100
o Chase National Bank:
o George F. Baker 13,408
o Hanover Natl. Bank:
o James Stillman 4000
o William Rockefeller 1540
During a period when thousands of U.S. banks have
gone bankrupt since 1914, these banks, protected by
their interest in the Federal Reserve Bank of New York,
have grown steadily. A Senate Report, "Interlocking
Directorates among the Major U.S. Corporations, a staff
study of the Senate Committee on Governmental
Affairs," June 15, 1978, shows that five of these
aforementioned banks held a total of 470 interlocking
directorates in the 130 major corporations of the U.S., an
average of 3.6 directors per major U.S. Corporation. This
massive report is worthy of anyone's detailed study; we
can only give the totals here:
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o
o
o
o
CITICORP: 97 directorates
J.P. MORGAN CO.: 99 directorates
CHEMICAL BANK: 96 directorates
CHASE MANHATTAN: 89 directorates
MANUFACTURERS HANOVER: 89 directorates
This centralized control over American industry by five
New York banks controlled from London suggests that