Prescott Bush As Finpol
This year, we've been in and out of Ferdinand Lundberg's world of finpolity as outlined in his 1968 book The Rich and the Super-Rich , and which I summarized in this post . It turns out that, although Prescott Bush's wealth can be traced to his wife's father, George Herbert Walker. who was presidenr of the Harriman family investment bank, W A Harriman & Co, and Prescott himself became a managing partner of its successor, Brown Brothers Harriman, and was closely associated with Edward Harriman's sons, W Averell and E Roland, Prescott himself is never mentioned as a finpol in The Rich and the Super-Rich . This was almost certainly by design. According to Britannica , At least some portion of the Greenwich Bushes’ financial stability came by way of the largesse of the Walkers, who were ostentatious in their demonstrations of wealth, whereas Bush counseled his offspring to play down their wealth and instead advocated public service as a sort of nob...