Tuesday, December 18, 2007

Bush's Roots Gets a New Leader

As long as you know that Grandpa Bush helped fund the Nazi War Machine, readers.

Also see:
George W. Bush's Family Tree

"New Leader for Brown Brothers Harriman" by MICHAEL J. de la MERCED

Brown Brothers Harriman & Company, the nation’s oldest private commercial bank, will announce Tuesday that it has appointed Douglas A. Donahue Jr. as its new managing partner, the equivalent of a chief executive.

Mr. Donahue, 56, a 31-year veteran of the partnership bank who is known as Digger, will succeed Michael W. McConnell, 65, who became managing partner in 2002. Mr. McConnell will remain a partner at the firm.

“I’m as enthusiastic about our prospects, particularly in financial services, as I can be,” Mr. Donahue said in an interview Monday.

Founded in Philadelphia in 1818, Brown Brothers was once one of the biggest names in finance. Among its partners were W. Averell and E. Roland Harriman and Prescott S. Bush, the grandfather of President Bush.

Weird how the Zionist-controlled Times won't elaborate on Gampy Bush, huh, readers?

Figure they would WANT to expose the NAZI CONNECTIONS, huh?


But as other rivals have gone public and greatly expanded their offerings, Brown Brothers has remained small and specialized — and defiantly private. Today, the firm focuses on services like wealth management and commercial banking for midsize companies. Brown Brothers has also made a name for itself in the securities servicing business.

Its narrow focus helped the firm avoid the pitfalls that many larger competitors fell into, like securities backed by subprime mortgages, Mr. Donahue said.

“We’re not in every sector of securities servicing,” he said. “We’re not trying to serve every type of investor.”

Just mass-murdering killers, right?


Mr. McConnell said that with the markets beaten down by the subprime mess, the firm saw attractive investment opportunities in its asset management business.

The firm has 3,600 employees, and its investment management business oversees about $45 billion."

Why is that TRAITOROUS FIRM still in business?