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David Rockefeller, philanthropist and head of Chase Manhattan, dies at 101

He was instrumental in rallying the private sector to help resolve New York City's financial crisis

David Rockefeller
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David Rockefeller

Jonathan Kandell
David Rockefeller, the banker and philanthropist with the fabled family name who controlled Chase Manhattan bank for more than a decade and wielded vast influence around the world even longer as he spread the gospel of American capitalism, died on Monday morning at his home in Pocantico Hills, New York. He was 101.
 
A family spokesman, Fraser P Seitel, confirmed the death.
 
Chase Manhattan had long been known as the Rockefeller bank, though the family never owned more than five per cent of its shares. But Rockefeller was more than a steward. As chairman and chief executive throughout