Did you know that the father of 41st U.S. President George H.W. Bush, and grandfather of 43rd U.S. President George W. Bush, ran a bank and other Manhattan-based organizations that were actually front organizations for the Nazis? His name was Prescott Bush, and he sat on the board of the Union Banking Corporation. This and other Manhattan-based organizations were actually nest eggs for the German industrialist Fritz Thyssen, the primary financier for the Nazis.
After the start of American intervention in World War II in 1942, the American government seized the holdings of the Union Banking Corporation, though the Bush family reclaimed these from the U.S. Alien Property Custodian in 1951. With the profits and contacts gained with this venture, Prescott Bush created the Bush family fortune, jump-started his own political career as a U.S. Senator, and established the Bush family dynasty...
