Anonymous ID: 745d54 Feb. 14, 2024, 10:05 a.m. No.20412771   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

The Medici were just one of a plethora of families who transformed their trading activities into banking dynasties.

 

Rahn+Bodmer

 

Recall in The ReichsWEF Part V, Klaus Schwabโ€™s family had close ties with Swabian nobility. Klausโ€™ father, Eugen, worked for Escher Wyss, an old Swiss engineering company that provided aid to the Nazi war machine, including the ability for the Nazis to produce the heavy water needed for an atomic bomb. Klaus developed a close bond to the Bodmer family, and followed his mentor and middle-namesake, Martin Bodmer, to Switzerland where he established the World Economic Forum.

 

Zurichโ€™s oldest private bank, Rahn+Bodmer, was formed by some of the wealthiest Swabian families. The Escher, Bodmer and Schulthess families all helped in the evolution of the bank. Notably, their fortunes did not begin with banking, but with trade:

Anonymous ID: 745d54 Feb. 14, 2024, 10:10 a.m. No.20412806   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2814

The Berenbergs, and later the Gossler family, worked closely with one of Englandโ€™s most powerful banking dynasties; the Barings family. Their wealth and power in Hamburg were duly recognized by Prussia, who later ennobled them as Barons of Berenberg-Gossler.

 

Warburg

 

We have presented in The Prussian Origins of the U.S. Federal Reichsbank and the series, Not Since 1917 the enormous influence the Warburg brothers had in global central-banking circles. Paul Warburg, known as the โ€œChief Architect of the Federal Reserveโ€, migrated from Germany and worked tirelessly to promote and establish the Federal Reserve central banking system in the US. He was appointed Vice Chairman of the Federal Reserve Board of Governors from 1914-1918.

 

His brother, Max Warburg, followed a similar path with the German Reichsbank. Despite the rise of the Nazi party, he served on the Board of the German Reichsbank from 1933, before emigrating to America in 1938. Both brothers served as directors in the notorious I.G. Farben conglomerate, whose war crimes were also outlined in the Not Since 1917 series.