Wednesday, May 30, 2012

Rockefellers & Rothschilds Merge

This is an interesting move! One asks 'why now?' Consolidation? Backs against the wall? I think we'll know by the end of this year:


Ft.com
Two of the best-known business dynasties in Europe and the US will come together after Lord Jacob Rothschild’s listed investment trust and Rockefeller Financial Services agreed to form a strategic partnership. RIT Capital Partners is to buy a 37 per cent stake in the Rockefeller’s wealth advisory and asset management group for an undisclosed sum, giving Lord Rothschild’s London-listed trust a much sought-after foothold in the US. The transatlantic union brings together David Rockefeller, 96, and Lord Rothschild, 76 two family patriarchs whose personal relationship spans five decades. http://www.ft.com/intl/cms/s/0/efe93494-a9a3-11e1-a6a7-00144feabdc0.html#axzz1w8XyzKzt

http://www.zerohedge.com/news/end-nigh-rockefellers-and-rothschilds-merge

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