Bush's grandfather was director of bank seized by govt for affiliation with Nazi-funding...

Associated Press ^ | 10-17-03

[Brian S]

President Bush's grandfather was a director of a bank seized by the federal government because of its ties to a German industrialist who helped bankroll Adolf Hitler's rise to power, government documents show.

Prescott Bush was one of seven directors of Union Banking Corp., a New York investment bank owned by a bank controlled by the Thyssen family, according to recently declassified National Archives documents reviewed by The Associated Press.

[Brian S]

Brian, I've enjoyed many of your threads, but this one is more than a little disgusting. You can do better than this in your desire to post "breaking news!" This is not even "news" at all, in my not so humble opinon!

I submitted this thread because it is bleeding all over the Associated Press wires this PM. I don't select what runs on the wires..."they do".

Here is the latest update, should one search on this topic...

Bush Ancestor's Bank Seized by Gov't
Fort Worth Star Telegram, TX - 2 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Duluth News Tribune, MN - 2 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Kansas City Star, MO - 2 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush grandfather director of bank with Hitler ties: US government ...
CBC News, Canada - 5 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York City
investment bank owned by a bank controlled by the Thyssen family, said ...

Bush grandfather director of bank with Hitler ties: US government ...
Canoe News, Canada - 5 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York City
investment bank owned by a bank controlled by the Thyssen family, said ...

Bush grandfather director of bank with Hitler ties: US government ...
CJAD, Canada - 5 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York City
investment bank owned by a bank controlled by the Thyssen family, said ...

Bush's grandfather was director of bank seized by government for ...
Stamford Advocate, CT - 5 hours ago
Prescott Bush, who served as a US senator from Connecticut, was one of seven directors
of Union Banking Corp., a New York investment bank owned by a bank ...

Bush grandfather 's bank seized by Feds in 1942
Raleigh News, NC - 5 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush grandfather director of bank with Hitler ties: US government ...
Canada.com, Canada - 5 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York City
investment bank owned by a bank controlled by the Thyssen family, said ...

Bush grandfather director of bank with Hitler ties: US government ...
Canada East, Canada - 5 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York City
investment bank owned by a bank controlled by the Thyssen family, said ...

Bush's grandfather was director of bank seized by government for ...
WTNH, CT - 5 hours ago
Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Guardian, UK - 5 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush ancestor's bank seized by gov't
Times Picayune, LA - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Documents: Bush's Grandfather Directed Bank Tied to Man Who ...
FOX News - 6 hours ago
... power, government documents show. Prescott Bush (search) was one
of seven directors of Union Banking Corp. (search), a New York ...

Bush Ancestor's Bank Seized by Gov't
Rocky Mount Telegram, NC - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Times Daily, AL - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
News Journal, TX - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Atlanta Journal Constitution, GA - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Tuscaloosa News, AL - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Wilmington Morning Star, NC - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

Bush Ancestor's Bank Seized by Gov't
Newsday - 6 hours ago
... Prescott Bush was one of seven directors of Union Banking Corp., a New York investment
bank owned by a bank controlled by the Thyssen family, according to ...

[ChefKeith]

Old news

The BREAKING NEWS is ALL POLITICIANS ARE SCUM! the only difference is who will screw US the least...

[SierraWasp]

I think we should have the first letter "a" removed from the author's last name!!!

[antiRepublicrat]

In other words, a liberal college professor's opinion is that is the reason the American Director's were not prosecuted.

Do we know he's liberal? Overall, the article is not an attack on our current president.

[Brian S]

One might also note that the Canadian version of this AP story uses 'Hitler" in its headline...

I don't regret posting this story...I regret that most can't see the "story, behind the story" so they choose to attack the poster.

Just between you and me...I enjoy the flak. Hit me again and I may fall in love. :)

If you can't take the heat...get outta the kitchen!

[Southack]

It's truly hilarious to watch the left-wing news media morph into the realm of "black helicopters," tin foil hats, and secret college conspiracies.

Ah, the 2004 campaign in a nutshell: the Democrats and the media go into 24/7 smear mode, while the Republicans are the only ones presenting new ideas and a positive Vision.

[antiRepublicrat]

I have equity in a large insurance agency in New York. Does that mean I know about all their transactions? No, of course not.

Of course not. But what if you were also a broker for their investments, and invested the money in Saddam's Iraq? That comes closer to the situation.

But aside from purely academic historical curiosity, who cares? Probably only liberals grasping for straws.

[Mo1]

The documents do not show any evidence Bush directly aided that effort

So what was the point of this article, except to be a hit piece

[Mo1]

And for AP to move the story on their National wire is, well, odd

Odd??

Nope .. it's obvious what the AP is doing

[Fledermaus]

Let me guess...Bush's grandfather was also the gay lover of Arnold's dad.

</ridiculous but predicted left wing statement>

[Terry Mross]

The way I read it is Prescott owned ONE share.

[Fledermaus]

I guess talking about Ted Kennedy's father and his Nazi ties and statements is off limits.

[Fledermaus]

Six Degrees Of Liberal Journalist Bias.

Copyright that. I'll invest and help write it! We'll make a fortune.

[Mo1]

They actually had to go back 2 generations to find some kind of crap to make headlines this week?

Goes to show just how desperate they are

[metesky]

And Bill Clinton's father abused alcohol and women.

But did they report that?

No, but they will as soon as somebody can find out who the heck Bill Clinton's father was.

[Swordmaker]

The odds are about 99 to 1 that the quoted professor IS a liberal so I feel pretty safe in calling him one... and of course this is an attack on our current sitting President. Do you REALLY think this would be an AP story if Prescott Bush were NOT George W. Bush's grandfather???

[hellinahandcart]

Would we not, 60 years from now, persecute the decendent of on of the "19 hi-jackers"?

Huh?

[hellinahandcart]

But what if you were also a broker for their investments, and invested the money in Saddam's Iraq? That comes closer to the situation.

It would come even closer if you had said "invested money in a private concern in Iraq before Saddam came to power, and continued to do so afterward".

You have to admit, Hitler wasn't on many radar screens in 1926.

And the professor's conclusion that the Justice Dept. was "too busy FIGHTING THE WAR" to pursue Prescott Bush and the Harriman brothers is just ridiculous. They weren't too busy to seize their assets. That's why I think the professor is a lib-- "they wanted to press charges, but they just c-c-COULDN'T! They were too busy taking the Nazis to court in 1941---um..."

A better conclusion is that the max penalty in this case was having the assets seized, and it was done.

[Peach]

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.

[WhiteGuy]

Do we also prosecute the grandchildren of people who once worked with someone who gave money to a NAZI guard but repudiated said guard after he started working at the camp?

Geez, I don't know,

did this happen?