Translation from the Polish of the Newsweek article on Prescott Bush and the Nazis
NOTE: The following is a translation of the Polish Newsweek article
Monday, 9 June 2003: (Scoop) The Bush family reaped rewards from the forced labour prisoners in the Auschwitz concentration camp. Prescott Bush, the grandfather of the US president George W bush, during WW2 had financial links with the nazis, thanks to whom he made his fortune as a banker.
Prescott Bush was a director and shareholder of the United Banking Corporation, which acquired from the nazi industrialist Fritz Thyssen, the Consolidate Silesian Steel Corporation, where prisoners from Auschwitz worked.
During the summer in 1942, this was reported in the American press and the US government examined the books of UBC. On the 20th of October, the government commenced action against the company under the trading with the enemy act (sic) which Franklin D. Roosevelt enacted a week after the attack on Pearl Harbor in December 1941.
The company could continue to function under the limitations that itís functions would not result in any help being given to the Nazis. Only in 1943, Prescott Bush distanced himself from UBC and had even engaged in the collection of funds for the victims of the war in his role as president of the National War Fund.
To view the original seeÖ
Join our Daily News Headlines Email Digest