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JFK Federal Reserve
#7
Eliot Janeway economic advisor to Johnson and the latter's charter supporter for president did not adapt easily to the Kennedy victory in 1960 according to the New York Times review of Michael Janeway's work in 2004, The Fall of the House of Roosevelt:


http://www.nytimes.com/2004/04/28/books/...tml?src=pm



The party split between those who made peace with the Kennedy ascendancy (like Douglas and the Democratic party presidential adviser Clark Clifford) and those who could not, like Janeway. He became the most bilious of Kennedy haters, speaking of him as ''that degenerate little cripple in the White House.'' By the time Kennedy was assassinated, Eliot Janeway had burned his bridges to the party's new center.






Our friend the retired investment banker from Boston and New York houses related a story he forwarded to Caro for use in later biographical work on the 36th president. In the summer of 1963 Eliot Janeway paid a visit to our friend's Boston house whereupon the former delivered a rehearsed warning of "what a dangerous man this Kennedy is" in a voice our friend described as a hiss, positing the speech was repeated in the other houses in Boston and New York.


James J. Saxon goaded a formidable enemy in David Rockefeller with the former's easing of banking restrictions which cost the latter money:


No Friend at Chase Manhattan. Last week the annual meeting of the American Bankers Association in Washington heard the strongest anti-Saxon attack ever made by a big, prestigious banker. Said David Rockefeller, president of Manhattan's state-chartered Chase Manhattan Bank: "I believe the Comptroller would be well advised to show greater restraint in exercising the immense power he now possesses. It would be a dubious honor for him to go down in history as the man who undermined the dual banking system."


http://www.time.com/time/magazine/articl...87,00.html
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Messages In This Thread
JFK Federal Reserve - by Bernice Moore - 31-05-2011, 10:34 PM
JFK Federal Reserve - by Jim DiEugenio - 02-06-2011, 06:06 AM
JFK Federal Reserve - by Seamus Coogan - 02-06-2011, 06:38 AM
JFK Federal Reserve - by Phil Dragoo - 03-06-2011, 10:21 AM
JFK Federal Reserve - by Jim DiEugenio - 04-06-2011, 03:22 AM
JFK Federal Reserve - by Magda Hassan - 25-06-2011, 12:22 AM
JFK Federal Reserve - by Phil Dragoo - 25-06-2011, 02:59 AM
JFK Federal Reserve - by Ed Jewett - 25-06-2011, 04:04 AM

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