ROCKEFELLER FAMILY HOLDINGS TOUCH EVERY ECONOMIC SPHERE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP88-01314R000300450020-2
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 16, 2016
• Document Release Date: October 6, 2004
• Sequence Number: 20
• Publication Date: September 23, 1974
• Content Type: NSPR

WASHINGTON POST
Approved For Release 2004012A: CIA-RDP88-01314RO
97
i0chdet17.e` r arnilynoddmg
Touch- Every Economic Sphe
By William Greider: and largely hidden. economic:- Building which the family
and Thomas O'Toole power which the Rockefeller. built, richer than the Rocke-'
ti w-.? . P at s+.a wdt- s: family jointly holds, which- , feller who started it all 80
The question of how much. Nelson. - - shares,':-. - whichl years -ago, Nelson's 2rand-
ich pack- stretches' across the nation's father John-D
the' First
Ald
el
oo- ,
.
r
son
c
N
--:efeller is.?worth seems like economy,. and the world's,, If Nelson-Rockefeller bey
shall be. twix ed ".with the
quibbling over mere mil =
:Lions because, in reality, the second highest political of comes Vice President or
ts make him President
ith eve
l
d
t
or even w
n
an
he
Rockefeller family together flee in
exercises awesome economic- the presidency itself, someday, he will- bump into
power, so vast that it dwarfs Oil, banking, airlines, real' . his family's wealth on prac-
_ _ _.._
t
li g ti
il
main,' public is-
ro
a
ca
y a ry
nave says he is worth $621 and supermarkets, electron ' As President, he would
million. Make it $182 million ics and mutual funds,.coffee have the last word on char-
with two of his trust funds. beans `and chickens. The tering overseas air routes,
fyfaybe there is even more. power of the family fortune yet his family's bank is the
It hardly matters. is beyond. measure, too, a largest ' stockholder in
Congress, which must con- nexus of ownership and 1ev- Northwest Airlines, which-
,,fi.rm him, may find the erage. that is greater than flies the Pacific. The bank
Rockefeller nomination the sum of its parts- It is holds major stakes in six
poses a much deeper ques- more - powerful than most competing airlines, not
_
_ ___ . _ __.. --
about power in Ameri- foreign governments, more . -.
ti
`
on:
sters` which. Nelson's bro-
counting Ea.
ca-whether the complex impressive than the RCA
ther Laurance launched.
If President Ford wants oil prices
held down, he could speak to the Veep
who could-.talk to -his family..They coaJ
trol the largest bloc of Eamon stock;
and have a substantial presence in
three other major oil companies: MMo-i
bil, Amoco, and Standard of Califor-
nia.
If "Vice . President" Rockefeller
tours the Middle East, he may find
tracks in the sand left by his brother-
'David who, as chairman of Chase Arian
hattan, the family bank, has been con.
suiting the Arab sheikhs on where to
Invest their money-the bulging for.
tons from their oil wells.
If "President" Rockefeller asks then
CIA for intelligence on . the Soviet:
Union or China, he could take comfort.
,in the knowledge that the spy-plane
reconnaissance photos were-taken with.
Rockefeller-made electronic -gizmos--
by Itell+
If he wants.-to check on conditions in
Latin America, the stomping ground of -
his youth, hecai do it through his own
:personal company=-IBEC, or Interna-
.tianal. BasiczEconomy Corp.-now run
bj his son Rodman. It's a mini-con-
giomerate-vith, affiliates in 30 coun-
tries and sales this- year of more than
5O0 million--housing and supermar-
kets, mutual funds, and coffee markec-
ing, poultry and canned fish -
If the television networks give "Vice
President" Rockefeller a bad time, he
might turn to "a..Iriend . at Chase _lMIan-
?hattan. According to a Senate subcom-
mittee's study ,of corporate ownership,
.,the bank controls respectable minority
Approved For Release 2004/10/28: CIA-RDP88 114RQOOti0O458O 2d NBC,
not to mention modest bites of The-
New-York Times and Time-We Inc.
continued