Reply #19: Maybe he should look into his grandpa Prescott dealings with the Nazi's [View All]

[MagickMuffin]

Perhaps they don't like to bring that up.

Business Links with Fritz Thyssen

Harriman Bank was the main Wall Street partner for several German companies and the varied U.S. financial interests of Fritz Thyssen. Thyssen had been an early financial backer of the Nazi party, but by 1939 was bitterly denouncing Hitler and had fled Germany. He was later jailed by the Nazis for his opposition to the Nazi regime.

Business transactions with Germany were not illegal until Hitler declared war on the United States on December 11, 1941, but, six days after the attack on Pearl Harbor, President Franklin Delano Roosevelt signed the Trading With the Enemy Act after it had been made public that U.S. companies were doing business with the declared enemy of the United States. On October 20, 1942, the U.S. government ordered the seizure of German banking operations in New York City. Roosevelt's Alien Property Custodian, Leo T. Crowley, signed Vesting Order Number 248 seizing property under the Trading with the Enemy Act. The order cited only the Union Banking Corporation (UBC), of which Bush was a director and held only one share.

Fox News has reports on recently declassified material about this issue, according to a document signed by Homer Jones, chief of the division of investigation and research of the Office of Alien Property Custodian, a World War II-era agency. By 1941 Thyssen no longer had control over his business empire, which was in the hands of the Nazi government.


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