Interview · moment 6 of 23

Laundering Nazi Money and the Business Plot Against FDR

from Dead President with Russ Baker · #125

Audio-only archive episode — no video to seek.

4 min

Guest

Baker describes how Prescott Bush and the Dulles brothers helped German industrialists move money out of the country via shell companies, the McCormack-Dickstein investigation, and the alleged Wall Street plot to have General Smedley Butler lead a coup against FDR.

In this bit8 moments
  • 17:56German bankers supported Hitler because he was pro-business, then tried to move their money out through shell companies and banks in the Netherlands.
  • 18:54Prescott Bush and the Dallis family helped Nazi-backed German industrialists get their money out of the country.
  • 19:16Congress investigated through the McCormack-Dickstein Committee, shut down the operations, issued fines, but nobody went to jail.
  • 19:57Wall Street elements like DuPont and major banks decided FDR was too radical and approached General Smedley Butler to march on Washington.
  • 20:28No direct proof that Prescott Bush and Allen Dulles were involved in the anti-FDR plot, but they belonged to the same exclusive social circles.
  • 20:52Allen Dulles sat on the board of the National Presbyterian Church, Prescott Bush on the National Episcopal Church, Rockefellers on the Baptist Church board.
  • 21:12Jews were culturally excluded from these circles despite Jewish financiers like Otto Kahn being respected in business dealings.
  • 21:33Elite secret societies like Skull & Bones at Ivy League schools serve as networks where members pledge lifetime loyalty and keep secrets for career advancement.
Mentioned here

Prescott BushAdolf HitlerAllen DullesFranklin RooseveltSkull & BonesRockefellersSmedley ButlerOtto Kahn

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