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David Rockefeller & October Surprise Case

From the Archive: David Rockefeller's death at age 101 brought effusive eulogies, but no recollection of his mysterious role in the Iran hostage crisis of 1980, which helped sink President Carter's reelection, writes Robert Parry.

By Robert Parry (Originally published April 15, 2005)

On March 23, 1979, late on a Friday afternoon, Chase Manhattan Bank Chairman David Rockefeller and his longtime aide Joseph Verner Reed arrived at a town house in the exclusive Beekman Place neighborhood on New York's East Side. They were met inside by a small, intense and deeply worried woman who had seen her life turned upside down in the last two months.

Iran's Princess Ashraf, the strong-willed twin sister of the Iran's long-time ruler, had gone from wielding immense behind-the-scenes clout in the ancient nation of Persia to living in exile - albeit a luxurious one. With hostile Islamic fundamentalists running her homeland, Ashraf also was troubled by the plight of her ailing brother, the ousted Shah of Iran, who had fled into exile, first to Egypt and then Morocco.

Now, she was turning for help to the man who ran one of the leading U.S. banks, one which had made a fortune serving as the Shah's banker for a quarter century and handling billions of dollars in Iran's assets. Ashraf's message was straightforward. She wanted Rockefeller to intercede with Jimmy Carter and ask the President to relent on his decision against granting the Shah refuge in the United States.

A distressed Ashraf said her brother had been given a one-week deadline to leave his current place of refuge, Morocco. "My brother has nowhere to go," Ashraf pleaded, "and no one else to turn to." [See David Rockefeller, Memoirs]

Spurned Appeals

Carter had been resisting appeals to let the Shah enter the United States, fearing that admitting him would endanger the personnel at the U.S. Embassy in Teheran and other U.S. interests. In mid-February 1979, Iranian radicals had overrun the embassy and briefly held the staff hostage before the Iranian government intervened to secure release of the Americans.

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National Archive: U.S. Policy toward Iran: From the Revolution to the JCPOA, 1978-2015

by Oui on Wed Jan 22nd, 2020 at 04:29:49 AM EST

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