Misplaced Pages

Union Banking Corporation: Difference between revisions

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
Browse history interactively← Previous editNext edit →Content deleted Content addedVisualWikitext
Revision as of 19:08, 24 February 2009 editAbbarocks (talk | contribs)410 edits agree with spotfixer 05:44, 16 February 2009 Spotfixer (Talk | contribs) (2,801 bytes) (No, whitewashing is not ok.)← Previous edit Revision as of 20:42, 24 February 2009 edit undoCollect (talk | contribs)Extended confirmed users, Pending changes reviewers47,160 edits "whitewashing" wopuld be deleting the facts!Next edit →
Line 6: Line 6:
|title=Vesting Order Number 248 |title=Vesting Order Number 248
|publisher=Federal Register (7 F.R. 5205) |publisher=Federal Register (7 F.R. 5205)
}}</ref><ref>{{cite web|url=http://www.fleshingoutskullandbones.com/P.Bush-Union_Banking/grafx/thyssen.pdf|title=Hitler's Angel has 3 millions in N.Y. Bank|publisher=Washington Post possible copyright violation}}</ref> }}</ref><ref>{{cite web|url=http://www.fleshingoutskullandbones.com/P.Bush-Union_Banking/grafx/thyssen.pdf|title=Hitler's Angel has 3 millions in N.Y. Bank|publisher=Washington Post possible copyright violation}}</ref>The “enemy national”, ], was a German steel industrialist and a supporter of the German National Socialist Party during its early years from 1923.<ref>The Rise and Fall of the Third Reich, William H Shire. p144</ref> Thyssen broke with the Nazis in 1938, and was imprisoned in Germany from 1941 to 1945. Thyssen's German citizenship was revoked by Hitler in 1940. <ref>http://select.nytimes.com/gst/abstract.html?res=F30B17FD3A55117A93C1A81789D85F448485F9&scp=2&sq=%22fritz%20thyssen%22&st=cse</ref> All of his holdings had been expropriated by the Nazis in 1939. <ref>http://select.nytimes.com/gst/abstract.html?res=F60B1FFC395A177A93C1AB178AD95F4D8385F9&scp=4&sq=%22fritz%20thyssen%22&st=cse </ref>


== Founding == == Founding ==

Revision as of 20:42, 24 February 2009

The neutrality of this article is disputed. Relevant discussion may be found on the talk page. Please do not remove this message until conditions to do so are met. (January 2009) (Learn how and when to remove this message)

The Union Banking Corporation (UBC) was a banking corporation in the US whose assets were seized by the United States government during World War II under the Trading with the Enemy Act and Executive Order No. 9095. According to an Oct. 5, 1942, report from the USA's federal Office of Alien Property Custodian, Union Banking was owned by Bank voor Handel en Scheepvaardt N.V., a Dutch bank. Said Dutch bank was "closely affiliated" with United Steel Works, a German company. Fritz Thyssen and his brother, Heinrich Thyssen-Bornemisza, had the Dutch bank and the steel firm as part of their business and financial empire according to the US. government agency.The “enemy national”, Fritz Thyssen, was a German steel industrialist and a supporter of the German National Socialist Party during its early years from 1923. Thyssen broke with the Nazis in 1938, and was imprisoned in Germany from 1941 to 1945. Thyssen's German citizenship was revoked by Hitler in 1940. All of his holdings had been expropriated by the Nazis in 1939.

Founding

The UBC was founded in August 1924, with offices at 39 Broadway in New York City. The founding officers of the bank included Cornelis Lievense as President, along with the following:

  • Prescott Bush, officer of W.A. Harriman & Co.
  • Johann G. Groeninger, managing director of the Halcyon shipping line of Rotterdam.
  • E. Roland Harriman, brother and business partner of W. Averell Harriman.
  • H. J. Kouwenhoven, managing director of the Bank voor Handel en Scheepvaart of Rotterdam.
  • Samuel F. Pryor, Chairman of the Executive Committee of Remington Arms.
  • J. P. Ripley, officer of W.A. Harriman & Co.
  • J. D. Sawyer, officer of W.A. Harriman & Co.


References

  1. "Documents: Bush's Grandfather Directed Bank Tied to Man Who Funded Hitler". FoxNews.com.
  2. "How Bush's grandfather helped Hitler's rise to power". The Guardian.
  3. "Records of the Office of the Alien Property Custodian". U.S. National Archives and Records Administration. Retrieved 2008-10-01.
  4. "Vesting Order Number 248". Federal Register (7 F.R. 5205).
  5. "Hitler's Angel has 3 millions in N.Y. Bank" (PDF). Washington Post possible copyright violation.
  6. The Rise and Fall of the Third Reich, William H Shire. p144
  7. http://select.nytimes.com/gst/abstract.html?res=F30B17FD3A55117A93C1A81789D85F448485F9&scp=2&sq=%22fritz%20thyssen%22&st=cse
  8. http://select.nytimes.com/gst/abstract.html?res=F60B1FFC395A177A93C1AB178AD95F4D8385F9&scp=4&sq=%22fritz%20thyssen%22&st=cse
  9. "New International Bank", New York Times, Sep 10, 1924, p. 33
Categories: