http://en.wikipedia.org/wiki/Prescott_Bush<br><br>Nazi collaboration controversy<br><br>Harriman Bank was the main Wall Street connection 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 until 1938, but by 1939 had fled Germany and was bitterly denouncing Hitler. He was later jailed by the Nazis for his opposition to the regime. Business transactions with Germany were not illegal when 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 Bush's 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 one share, which had connections with a Dutch bank owned by Thyssen. Fox News has reported that recently declassified material reveals that the 4,000 Union Banking shares owned by the Dutch bank were registered in the names of the seven U.S. directors, according 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 banking empire, which was in the hands of the Nazi government.<br><br>E. Roland Harriman--3991 shares (managed and under voting control of Prescott Bush)<br><br>Cornelis Lievense--4 shares (He was the New York banker of the Nazi Party)<br><br>Harold D. Pennington--1 share (Employed by Prescott Bush at Brown Brothers Harriman)<br><br>Ray Morris--1 share (a business partner of the Bush and Harriman families)<br><br>Prescott S. Bush--1 share (director of UBC, which was co-founded and sponsored by his father-in-law George Walker; senior managing partner for E. Roland Harriman and Averell Harriman)<br><br>H.J. Kouwenhoven--1 share (organized UBC for Von Thyssen, managed UBC in Nazi occupied Netherlands)<br><br>Johann G. Groeninger--1 share (German Industrial Executive, a not unimportant member of the Nazi party)<br><br><br><br>The Harriman business interests seized under the act in October and November 1942 included:<br><br>Union Banking Corporation (UBC) (for Thyssen and Brown Brothers Harriman). The President of UBC at that time was George Herbert Walker, Bush's father-in-law.<br><br>Dutch-American Trading Corporation (with Harriman)<br><br>the Seamless Steel Equipment Corporation (with Harriman)<br><br>Silesian-American Corporation (this company was partially owned by a German entity; during the war the Germans tried to take full control of Silesian-American. In response to that, the American government seized German owned minority shares in the company, leaving the U.S. partners to carry on the business.)<br><br><br><br>The assets were held by the government for the duration of the war, then returned afterward. UBC was dissolved in 1951. Bush was on the board of directors of UBC and held one share in the company. For it, he was reimbursed $1,500,000. These assets were later used to launch Bush family investments in the Texas energy industry.<br><br><br>Toby Rogers has claimed that Bush's connections to Silesian businesses (with Thyssen and Flick) make him complicit with the mining operations in Poland which used slave labor out of O?wi?cim, where the Auschwitz concentration camp was later constructed.<br><br><br>The New York Herald-Tribune referred to Thyssen as "Hitler's Angel" and mentioned Bush as an employee of the investment banking firm Thyssen used in the United States. Some records in the National Archives, including the Harriman papers, document the continued relationship of Brown Brothers Harriman with Thyssen and some of his German investments up until his 1951 death. Investigator John Loftus has said, "As a former federal prosecutor, I would make a case for Prescott Bush, his father-in-law (George Walker) and Averell Harriman [to be prosecuted] for giving aid and comfort to the enemy. They remained on the boards of these companies knowing that they were of financial benefit to the nation of Germany." [color:red]Two former slave laborers from Poland have filed suit in London against the government of the United States and the heirs of Prescott Bush in the amount of $40 billion. </font color=red>A class-action lawsuit filed in the U.S. in 2001 was dismissed based on the principle of state sovereignty.<br><br><br>(For more information on the Bush family and the arms industry, see Samuel P. Bush.)<br><br>Sooooooo!>?<br><br>What else do THEY need we talk about? - hugh? Oh!<br>Jesus? Allah? Waste, fraud and abuse OK w/CEO's group/think-tank-think death to all hearts and minds.? Gawd dang folks, can we boycott the system yet? Lemme know!<br><br>Paaayce!<br><br>[color:green]fyi, aka greatdivide_2275 posts_4u2luv/h8</font color=green>
Xplain's use of MacNews, AppleCentral and AppleExpo are not affiliated with Apple, Inc. MacTech is a registered trademark of Xplain Corporation. AppleCentral, MacNews, Xplain, "The journal of Apple technology", Apple Expo, Explain It, MacDev, MacDev-1, THINK Reference, NetProfessional, MacTech Central, MacTech Domains, MacForge, and the MacTutorMan are trademarks or service marks of Xplain Corp. Sprocket is a registered trademark of eSprocket Corp. Other trademarks and copyrights appearing in this printing or software remain the property of their respective holders.
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.