http://www.tarpley.net/bush2.htmChapter - II - The Hitler Project
Bush Property Seized--Trading with the Enemy
In October 1942, ten months after entering World War II, America was preparing its first assault against Nazi military forces. Prescott Bush was managing partner of Brown Brothers Harriman. His 18-year-old son George, the future U.S. President, had just begun training to become a naval pilot. On Oct. 20, 1942, the U.S. government ordered the seizure of Nazi German banking operations in New York City which were being conducted by Prescott Bush.
Under the Trading with the Enemy Act, the government took over the Union Banking Corporation, in which Bush was a director. The U.S. Alien Property Custodian seized Union Banking Corp.'s stock shares, all of which were owned by Prescott Bush, E. Roland `` Bunny '' Harriman, three Nazi executives, and two other associates of Bush.@s1
The order seizing the bank `` vests '' (seizes) `` all of the capital stock of Union Banking Corporation, a New York corporation, '' and names the holders of its shares as:
`` E. Roland Harriman--3991 shares ''
`` Cornelis Lievense--4 shares ''
`` Harold D. Pennington--1 share ''
`` Ray Morris--1 share ''
`` Prescott S. Bush--1 share ''
`` H.J. Kouwenhoven--1 share ''
`` Johann G. Groeninger--1 share ''
`` all of which shares are held for the benefit of ... members of the Thyssen family, is property of nationals ... of a designated enemy country.... ''
It runs in the family, I guess...