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The Vesting Act 248: The Seizure Of Union Bank By Glen Yeadon

Office of Alien Property Custodian, Vesting Order No. 248.

The order was signed by Leo T. Crowley (agent whose probity will be disputed in Sutton's thesis), Alien Property Custodian, executed October 20, 1942; FR Doc. 42-11568; Filed, November 6, 1942, 11:31 AM; 7 Fed. Reg. 9097 (Nov. 7, 1942) authenticated source.

See also the New York City Directory of Directors (available at the Library of Congress). The volumes for the 1930s and 1940s list Prescott Bush as a director of Union Banking Corporation, authenticated source.

Sutton in his 1976 revisionist thesis Wall Street and the Rise of The Reich, will show in Ch. 7 sources that the 1932 Bankers Directory does not disclose the name of Prescott Bush. He will choose precisely this source and not those of 1930 or 1940, why? what were his motivations?

JOHN LOFTUS - Heir to the Holocaust

(John Loftus, is a former Department of Justice Nazi War Crimes prosecutor, the President of the Florida Holocaust Museum, and the highly respected author of numerous books on the CIA-Nazi connection including The Belarus Secret and The SecSecret War Against the Jews, both of which have extensive material on the Bush-Rockefeller-Nazi connection) read more, .. click on John Loftus

1- Heir to the Holocaust by Toby Rogers (Clamor Magazine)

While President Bush publicly embraced the community of holocaust survivors in Washington last spring, he and his family have been keeping a secret from them for over 50 years about Prescott Bush, the president's grandfather. According to classified documents from Dutch intelligence and US government archives, President George W. Bush's grandfather, Prescott Bush made considerable profits off Auschwitz slave labor. In fact, President Bush himself is an heir to these profits from the holocaust which were placed in a blind trust in 1980 by his father, former president George Herbert Walker Bush.

Throughout the Bush family's decades of public life, the American press has gone out of its way to overlook one historical fact - that through Union Banking Corporation (UBC), Prescott Bush, and his father-in-law, George Herbert Walker, along with German industrialist Fritz Thyssen, financed Adolf Hitler before and during World War II. It was first reported in 1994 by John Loftus and Mark Aarons in The Secret War Against the Jews: How Western Espionage Betrayed the Jewish People.

The US government had known that many American companies were aiding Hitler, like Standard Oil, General Motors, and Chase Bank, all of which were sanctioned after Pearl Harbor. But as The New York Times reporter Charles Higham later discovered, and published in his 1983 groundbreaking book, Trading With The Enemy; The Nazi American Money Plot 1933-1949, "the government smothered everything during and even after the war." ...

2- The Bush Family and the Jews by Anne E.Kornblut (Boston Globe)

Starting with accusations that Prescott Bush was a Nazi collaborator before Pearl Harbor, the Bush dynasty has generally been viewed with suspicion and at times outright hostility by Jewish Americans. The elder President Bush outraged the Jewish community with a series of perceived insults. Before he became president, the younger Bush, who once expressed doubt about whether non-Christians could get into heaven, seemed likely to follow in the family tradition.


The charges against Sen. Prescott Bush, the grandfather of the current president, went beyond the disdain for Jews and discriminatory practices that were characteristic of New England WASP culture in his day. Prescott Bush was a director of a New York bank where rich Germans who supported the Nazis stashed millions in personal wealth. He was still a director at the bank, Union Banking Corp., when its assets were frozen under the Trading With the Enemy Act in 1941 - a fact that has provided endless fodder for leftists and conspiracy theorists since it came to light in the 1990s. ..

3- The Dutch Connection by John Loftus, Selected by John Lederman

How a famous American family made its fortune from the Nazis For the Bush family, it is a lingering nightmare. For their Nazi clients,

the Dutch connection was the mother of all money laundering schemes. From 1945 until 1949, one of the lengthiest and, it now appears, most futile

interrogations of Nazi war crimes suspect began in the American Zone of Occupied Germany. Multibillionaire steel magnate Fritz Thyssen-the man whose steel combine was the cold heart of the Nazi war machine-talked and talked and talked to a joint US-UK interrogation team. For four long years, successive teams of inquisitors tried to break Thyssen's simple claim to possess neither foreign bank accounts nor interests in foreign corporations,

no assets that might lead to the missing billions in assets of the Third Reich. The inquisitors failed utterly. Why? Because what the wily Thyssen deposed was, in a sense, true. What the Allied investigators never understood was that they were not asking Thyssen the right question. Thyssen did not need any foreign bank accounts because his family secretly owned an entire chain of banks. He did not have to transfer his Nazi assets at the end of World War II, all he had to do was

transfer the ownership documents - stocks, bonds, deeds, and trusts - from his bank in Berlin through his bank in Holland to his American friends in New York City: Prescott Bush and Herbert Walker. Thyssen's partners in crime were the father and father-in-law of a future President of the United States ...

Interview with a Prosecutor, John Buchanan interviews John Loftus on the significance of the Prescott Bush - Nazi story.

Interview by John Buchanan

from The New Hampshire Gazette Vol. 248, No. 2, October 24, 2003

Buchanan - What do you think is the true significance of the story in the New Hampshire Gazette?

Loftus - Your story, the first in a �reputable� US newspaper in 60 years, redeemed my two decades of work that only resulted in the mainstream media slamming doors in my face, despite my credentials as a Justice Department Nazi war crimes prosecutor. I give a lot of credit to the courage of the New Hampshire Gazette as well, for practicing journalism as it should be practiced - tell the truth and let the facts speak for themselves.

Buchanan - How do you explain the fact that the mainstream media has simply refused to touch it?

Loftus - It's a complex story and the media hate that now in the age of the sound bite headline. It's also unpopular and frightening to most people, understandably. But the truth about this period of our history as a nation must come out and be dealt with. You and the Gazette have helped to accomplish that. It will come out now, I think ...

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