john d. rockefeller would go around and give dimes to the little children. i thought, "how wonderful. i'd like to be john d. rockefeller and give dimes." this whole tone has changed in the last very recent years under this administration, i think. >> do you think it's because of obama or is it because of the 1% not being philanthropic enough? >> not being philanthropic enough, is that what you're asking? >> right. >> i've discussed the taxes. the 1% is carrying the government. at least the top 10% is carrying the government. we've talked about that. it's not bad to be in the 1%, obviously. i think people, like yourself, still aspire to it and should. hard work and so on can get you there, plus the right venture capitalist. >> over here, please? >> the president has proposed a lot of common sense ideas around immigration reform, around infrastructure spending, but at every turn, he's been road blocked by the republicans in congress failing to want to agree with him on moving a policy agenda forward. what are your thoughts on simply the politics of no, as opposed to proposing an alternat

john d. rockefeller. this was the infant oil industry jafter the civil war.lling equipment was hand- and foot-operated in those days and available cheap. anybodcould join the o rh, and anybody di with thousands of small-scale prospectors, drillers, and finers competg, the supply of oil was plentiful. prices were low, and so were profits. rockefeller had been doing well as a cleveland produce wholesaler, but he thought he could do better in oil. ruth sheldon knowles came from an oklahoma oil family. and her book "the greatest gamblers" told the industry's history. rockefeller stayed out of the drilling end because he didn't want to lose any money. he was the one who always wanted to -- he wanted to make the money. and when he saw that there was such a thing as drilling dry holes and you could lose money, it was obvious to him in the beginning, that there was going to be as much money lost in looking for oil as there would be made by finding it. schoumacher: rockefeller bought the oil that other men drilled, refined it, and sold it. by 1869, he had the largest

to famous and wealthy americans among the weather lady jackie kennedy and american financier john d rockefeller jr french officials at the apartment was put up the soil as part of the wide effort to supplement the foreign ministry's revenues by liquidating the nation's foreign properties. ross is the prime minister at my new rebels recently unveiled a broad program of tax cuts and spending cuts intended to bring the nation's deficit down to the plan to sell the new york apartments it predates that initiative british diplomats said. as a september they plan to sell the property. due to its colonial history bronze items priced to tease the realm of light which are unrealistic holdings was the eighty seven billion dollars it holds the world's third largest domestic network. welcome to the us and china. the embassy did not say where is current french ambassador to iran tomorrow will be made following this i do . i i the economic boom in geneva has taken it upon themselves to help business communities that oz come closer together so it was a given when business people from israel and the palestinian

sounds a few business legends back in the day. 19th century oil magnate john d rockefeller. the standard oil company down dd the u.s. oil refining business by owning everything. the distribution channels, every single step of the way. that is how other titans on the screen of that era made their fortunes. how about vanderbilt with his vast railroad empire? looking to take amazon to the next level, could he joined the ranks of history most famous moguls? joining me now, morningstar director of energy research and senior tech analyst. christina, he would be in some interesting company, so to speak when you look at those giants, the giants of the industry, he is taking on just about everything of what he wants to do. >> amazon is an infrastructure company, a cloud company. we talk about they havent. they have the cloud services that powers not just themselves, but their competitors. liz: here it is. it is very thin, squared, here is the remote. bluetooth remote. this is $99. and it has the gaming handset. i don't even know if you would call it that. they gaming controller. sudd

john d. rockefeller and give imes. this whole tone has changed in the last very recent years under this administration, i think. >> do you think it's because of obama or is it because of the 1% not being philanthropic enough? >> not being philanthropic enough, is that what you're asking? >> right. >> i've discussed the taxes. the 1% is carrying the government. at least the top 10% is carrying the government. we've talked about that. it's not bad to be in the 1%, obviously. i think people, like yourself, still aspire to it and should. hard work and so on can get you there, plus the right venture capitalist. >> over here, please? >> the president has proposed a lot of commonsense ideas around immigration reform, around infrastructure spending, but at every turn, he's been road blocked by the republicans in congress failing to want to agree with him on moving a policy agenda forward. what are your thoughts on simply the politics of no, as opposed to proposing an alternative agenda? >> i'm neither a republican, nor a democ

john d. rockefeller. what was michael rockefeller doing in this part of the world?ed the museum of primitive art in 1957. it was the first museum dedicated exclusively to primitive art, and michael had been schooled in art the way most american kids are schooled in -- and boys are schooled in baseball. and because he loved art so much, he heard about these people on the southwest coast of asmat who were spectacular carvers, and he wanted to go to asmat and collect art and bring it home to the museum. >> reporter: just 23, michael traveled village to village in what was then a dutch colony. he took hundreds of photographs and collected a stunning array of artifacts including the ceremonial beach poles, canoes and other pieces still on display in the wing named for him at new york's metropolitan new york of art. ♪ but on november 18, 1961, he was traveling in an open boat with dutch anthropologist reneÉ wassing when tragedy struck. >> it was a beautiful day. that was the thing. it wasn't a storm. the sun was shining, but they hit these waves. so they hit the waves and

john d. rockefeller whose family was literally chased all panicked they all panicked about a meltdown now what exactly happened can you explain this to the viewers. yeah it's a really interesting story as well my favorite sort of opening aspects of the book there were a lot of bad copper trades not subprime like we've had recently copper trades going on at the time and they coalesced to form a. company called the knickerbocker trust company which went bankrupt but because of that panic and it had people out in the streets trying to get their money out teddy roosevelt was sitting in washington wondering how much worse it could get and so forth and so the word came down to j.p. morgan who was the most powerful banker at the time from washington that the treasury department would give morgan twenty five million dollars to decide if there were other banks that would be hit or trust companies it would be him he could parcel out whichever way he wanted to and j.p. morgan separately realized that it was broader than that and he was very concerned about a particular company called the trust company of