they became david rockefeller, nelson rockefeller.so that the family itself was fascinating and i'm summarizing but they go through multiple decades of this family being involved. elements of wall street, elements of global policy. nelson rockefeller became the vice president while david rockefeller was running chase, which at the time was a major bank. it was a major power player at chase. but david rockefeller during his time as he was rising to become the chairman of chase, was also working more outwardly with other foreign policy initiatives. more closely with the middle east and finding ways for middle east money. money that was made out of oil to be used as currency, as collateral for loans that chase could make to latin america or other developing countries and make money off of that. therefore a very symbiotic relationship and influence chain. they threw him, had this ability to access moneycoming from an external place . and linda to another external placement that way to take themselves into a position where they could contr

he married into the family so they became david rockefeller, nelson rockefeller and others, so the familyelf was fascinating but it goes through multiple decades of the family being involved and the wall street elements of global policy, nelson rockefeller became the vice president while ntvid rockefeller was coming chase which at the time was a major bank in the united states. it was a major power player at the chase, but david rockefeller during his time as he was rising to become the chairman was also working more and more with other foreign policy initiatives like working more closely with the middle east and finding ways for money to be used as currency come as collateral for loans that they could make to latin america or other developing countries and make money off of that soap rather than be fully aligned as they had been historically to the government for money and therefore very symbiotic relationship and influence change, now through him they had an ability to access money comingor in from an external place and blended it to another external place and in thathat way sort of tak

. >> one final character before we runout of time david rockefeller. >> david rockefeller was interesting. he was at part of a major shift that happened between banking and washington. between watt street and the presidency. he came from a time were there was a depression. he married into the family the family was fascinating. they go through multiple decades. there was global policy and nelson became the vice president while david was running chase. that was the major bank. it still is. it's a major power player at chase. david during his time as he rose to become the chairman was also working more and more hours with other foreign policy initiatives. they made loans to latin america and other developing countries. rather than being fully aligned and influence came. now, they have the stability to access money coming in from an external place and lended to another external place and took themselves into position so they didn't have to be controlled. he was an advocate for the gold standard. it was the 1970s period. you have larger access to capital. or just a larger footprint. he did thi

david rockefeller. the >> guest: he was at the crux of a major shift that happened throughout the relationship between banking and washington, banking into the- presidency. he came from a time there was depression an and the own basicc thickened portion. the family ise so close satisfying. you go to this family being involved elements of wall street and global policy, nelson rockefeller became president while david was running chase. it was a major power player but david crockett suffered during his time as he was rising to become the chairman of chase was also working more and more hours with other foreign policy initiatives like we are working closely with the middle east and finding ways for middle east money or petrodollars to be used as currency collateral for what america or othenorthamerica or o rather than be fully aligned for money and therefore in the radical relationship and influence change, they now for him as they ability to access money coming in from an external place and lend it to anot

ago, the a few years first david rockefeller professor at chicago was one jacob frenkel.ics, but the grace on hell central banks should act. we speak to you as a former -- on how central banks should act. we speak to you as a former governor of the bank of israel. dayb: i am sure every everywhere, political leaderships want -- central banks' credibility is so high the best has been protection of central bank policies. witheveryone is engaged distinguishing the files of the crisis today, central banks are trying not only dealing with the files of yesterday but securing the stability that is so important for growth and development. londone common theme of baines johnson and mcchesney martin, i need growth and inflation, i need the economy to pop. that is exactly what we would hear from president trump. why do politicians want that when there are so many smart guys like you saying, no, you cannot have the punch bowl 24/7 10 years in a row? jacob: the test of a good central banker is he can take the punch bowl away before the party gets going. politicians have a short run ben

david: i know, young, but bill gates almost retired at 50. john d. rockefeller in his late 40's. you haven't thought of retiring at a young age, like 50? ken: rockefeller grew up in a different era. knock on wood, we will live much longer, much healthier lives. i really hope to contribute to society for decades to come. whether it is in the business realm or philanthropic realm, i want to be relevant to society. i am very fortunate to know how to build teams and make things happen. that was not a gift given to me. that is a lot of trial and error. a lot of learning. but if you look at citadel, we are so successful. we are far more than the sum of the parts. when you can put together the right team with the right mission, you can accomplish great things. what i am most proud of is how we have reshaped financial markets around the world with citadel securities. if you look at interest rate swaps, for example, we have helped to create a competitive dynamic. that is money that goes right into the bottom line of pension plans, corporate treasuries, and other parts of

[laughter] david: i know, young, but bill gates retired almost at 50. john d. rockefellerhis late 40's. you haven't thought of retiring at a young age, like 50? ken: rockefeller grew up in a different era. knock on wood, we will live much longer, much healthier lives. i really hope to contribute to society for decades to come. whether it is in the business realm or philanthropic realm, i want to be relevant to society. i am very fortunate to know how to build teams and make things happen. that was not a gift given to me. that is a lot of trial and error. a lot of learning. if you look at citadel, we are so successful. we are far more than the sum of the parts. when you can put together the right team with the right mission, you can accomplish great things. what i am most proud of is how we have reshaped financial markets around the world with citadel securities. if you look at interest rate swaps, for example, we have helped to create a competitive dynamic. that is money that goes right into the bottom line of pension plans, corporate treasuries, and other parts of society

character to try if you're passionate or not but that david is that you started writing biographies after him believe on patients with into rockefeller's now the big american family right i mean when you started writing all those biographies did you interview members of those well connected families yes you moved into a new sort of all bit as a result of your bargain or not. i really had remained pretty much the same all my life i didn't move into ending the war bits i mean i did i did i had to i lost every friend that i ever had as as a leftist and that was at mid-life so i had him reconstituted my friendships i think that's a big factor that keeps people in the left is that they know that if they cross a line they're going to lose it well their friends. i mean what. you know just. ok ok all right sorry about that no problem i am for about anything weak human face but you will be allowed to do. you know is it isn't it that you put down and activism or what you do at all i have to go to universities with bodyguards because of the fascist left in this country i have assassination threats a lot of i'm the only guy and did you know that i

rockefeller. here to look at what is going on in the u.s. and europe to see what we can do with sustainable financing in this part of the world. davids the gap? i would imagine there is a gap between how people approach this , and you have been speaking to people. saadia: the market is more developed in the u.s. and europe than it is here, and to go back to what you were saying earlier, sustainable finance is pretty broad. it is about the public and private market. in addition to delivering financial returns, they also have a measurable impact on society. big challenges, but we are facing a lot of what is discussed in the political realm and what is affecting financial markets, water scarcity, food insecurity, that is having a lot more impact, so your question around the gap, it is hard always to compare, but if you look at the public markets and assets under management, the number here in asia is low. when you compare it to europe, that is about 12%. compared to the u.s., it is around 14%, so there is much more to be done, but there is great momentum and a lot of signals in this part of the world that is going to be picking up. ass

david: the day after the big climate march in new york in september, the very next day the rockefeller brothers -- the rockefeller brothers fund disinvested from fossil fuels. you can't miss the significance of that given john d. rockefeller's background. is this the start of a major movement in terms of divestment from fossil fuel corporations? i was in portland, oregon, recently and an activist told me this is one of the hottest issues on campuses from tanford mr. chomsky: it is a hot issue on campuses. yes, it is important. it is in a way symbolic, but significant, that these are some of the steps that can be taken to impede the race to the precipice. how important it is, like everything else, depends on people like you. will you do something about t? david: i want to talk to you about two ships, one fictional and one real. the pequot and moby dick, and the titanic. i think it was right on this stage years ago, someone talked about the monomaniacal urge of ahab to destroy moby dick, no matter what, and to take the crew down with them was of no concern to him. what do you think about