one redeeming quality - loyalty - like a dog is unquestioningly...

one redeeming quality - loyalty - like a dog is unquestioningly loyal to its master

Prescott Sheldon Bush (May 15, 1895 – October 8, 1972) was an American banker and politician. He was a Wall Street executive banker and a United States Senator, representing Connecticut from 1952 until January 1963. He was the father of George H. W. Bush (41st President of the United States) and the grandfather of George W. Bush (43rd President of the United States) and Jeb Bush (43rd Governor of Florida).

In 1924, Bush became vice-president of the investment bank A. Harriman & Co. where his father-in-law, George Herbert Walker was president. Bush's Yale classmates and fellow Bonesmen E. Roland Harriman and Knight Woolley also worked with the company.

Bush was a founding member and one of seven directors (including W. Averell Harriman) of the Union Banking Corporation (holding a single share out of 4,000 as a director), an investment bank that operated as a clearing house for many assets and enterprises held by German steel magnate Fritz Thyssen. In July 1942, the bank was suspected of holding gold on behalf of Nazi leaders. A subsequent government investigation disproved those allegations but confirmed the Thyssens' control, and in October 1942 the United States seized the bank under the Trading with the Enemy Act and held the assets for the duration of World War II.

According to journalist Joe Conason, Prescott Bush's involvement with UBC was purely commercial and he was not a Nazi sympathizer. The Anti-Defamation League and historian Herbert Parmet agreed with that assessment. Neverthelees, journalist Duncan Campbell pointed out documents showing that Prescott Bush was a director and shareholder of a number of companies involved with Thyssen. However, the 1942 investigation did not establish a connection between Prescott Bush and Thyssen

http://en.wikipedia.org/wiki/Prescott_Bush

see Duncan Campbell article, in detail, here: http://www.theguardian.com/world/2004/sep/25/usa.secondworldwar