Reply #31: Prescott Bush continued dealing with the nazis after UBC was seized

[DrDebug]

Bush Family - Nazi Dealings - WWII to 1951
by John Buchanan and Stacey Michael
from The New Hampshire Gazette Vol. 248, No. 3, November 7, 2003

(...)

After the war, a total of 18 additional Brown Brothers Harriman and UBC-related client assets were seized under The Trading with the Enemy Act, including several that showed the continuation of a relationship with the Thyssen family after the initial 1942 seizures.

The records also show that Bush and the Harrimans conducted business after the war with related concerns doing business in or moving assets into Switzerland, Panama, Argentina and Brazil - all critical outposts for the flight of Nazi capital after Germany's surrender in 1945. Fritz Thyssen died in Argentina in 1951.

One of the final seizures, in October 1950, concerned the U.S. assets of a Nazi baroness named Theresia Maria Ida Beneditka Huberta Stanislava Martina von Schwarzenberg, who also used two shorter aliases. Brown Brothers Harriman, where Prescott Bush and the Harrimans were partners, attempted to convince government investigators that the baroness had been a victim of Nazi persecution and therefore should be allowed to maintain her assets.

It appears, rather, that the subject was a member of the Nazi party, government investigators concluded.

At the same time the last Brown Brothers Harriman client assets were seized, Prescott Bush announced his Senate campaign that led to his election in 1952.

(...)

http://www.thirdworldtraveler.com/Politicians/Bush_Nazi_Dealings.html