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From Freeper Wolfstar:

Prescott Bush, the current president's grandfather, didn't even work at the bank. He was just a member of the Board of Directors. Many prominent people are on multiple boards. Most of the time, appointing a prominent person to a board amounts to little more than an honorific.

As a member of the board of Union Banking, Bush was three or more companies removed from the Thyssen group of businesses. Union Banking was owned by Bank Voor Handel, a Dutch bank described in the AP piece as "closely affiliated" with a German conglomerate, United Steel Works. The latter company was a part of the Thyssen group of businesses, which the AP piece describes as an "empire."

More importantly, the implied "link" between Prescott Bush and Hitler through Thyssen is buried in the AP's 7th paragraph. Apparently, seven of the U.S. directors of the Union Banking board held 4000 shares of the bank's stock. Prescott Bush held exactly ONE share.

Then, to poke even further holes in their own smear, Salant goes on to write that Fritz Tyssen broke with the Nazis in 1938. That was the year before WWII broke out in Europe. Tyssen split with them over their persecution of Catholics and Jews. In other words, although he may have supported them early on, Tyssen wasn't a Nazi. When he learned the truth about them, he heroically bucked them at a time when they were the biggest and most dangerous power in Europe. In fact, he spent about four years in a Nazi prison during the war.

Prescott Bush, the current president's grandfather, didn't even work at the bank. He was just a member of the Board of Directors

You seem to have missed this part:

Both Harrimans and Bush were partners in the New York investment firm of Brown Brothers, Harriman and Co., which handled the financial transactions of the bank as well as other financial dealings with several other companies linked to Bank voor Handel that were confiscated by the U.S. government during World War II.

He was actively shifting Nazi money around. It's pretty clear.