Thread by @paulkleinfancam

I'll confess that when I said this about Paul Klein's spooky Lumumba targeting investor, Stephen Petschek, even in my imagination I thought his ties to Dulles began w. the Congo assault.

How wrong I was! Lets tell a story about Family Ties that takes us back to pre-war Bohemia

https://twitter.com/paulkleinfancam/status/1290713044637683712

The Petschek family was one of the wealthiest families in Czechoslovakia during the First Czechoslovak Rep., occupying the commanding heights of banking and mining.

No better symbol of their power and status than the famed Petschek Villa, US ambassador's residence since 1945.

In 1941, Walter Petschek (Julius's son), fleeing the Nazis, brought his family to the US with his 8 year old son, Stephen in tow.

Stephen would go on to attend Exeter, Harvard and Harvard Law, before as we've seen, embarking on a spook banking career.

The Petscheks held major coal interests in 1930s Germany, increasingly at risk of Nazi confiscation. Nazi industrialist, Friedrich Flick testified at Nuremberg that the Julius/Ignaz groups accounted for 30% of brown coal production, a critical sector for war industrialization.

In 1936, the Julius Petschek group, in an effort to protect their assets, began "Aryanizing" their property: moving their German holdings to their NY holding co., United Continental Corporation.

Orchestrated by none other than John Foster Dulles at Sullivan and Cromwell.

The Petscheks' partnership with J. Dulles wasn't a one-off transaction arising from the dire circumstances of impending Nazi expropriation.

Dulles handled UCC's incorporation in '29, served as its first pres/chair of the board, and continued rep'ing Petschek interests post-war

The Dulles' Sullivan and Cromwell that represented the interests of Stephen Petschek's father in UCC was the same firm representing Nazi interests for Schroder.

Decades later, Stephen would come full circle and take the helm at Schroder Capital Corp

https://twitter.com/paulkleinfancam/status/1289996343566405632?s=20

A Dulles post-script on the Petschek affair. Dulles became a director at one of the companies he helped the Petscheks sell to the Nazis.

The authors obtusely miss the point, calling this "an example of the S&C practice of retaining clients through changes in ownership" 😶

So many post-scripts and other parts of the 🕸️Im waffling on whether to include but regardless lets catch up on the sources first

1. web.archive.org/web/2020081100…
2. web.archive.org/web/2020081100…
3. UK National Archives, Ile de France passenger lists
4. archive.org/embed/trialsof…
...

5. catalog.archives.gov/OpaAPI/media/2…
6. John Foster Dulles: The Road to Power, Ronald W. Pruessen
7. The History of Foreign Investment in the US, 1914–1945, Mira Wilkins
8. nytimes.com/1998/10/02/cla…
9. A Law Unto Itself: The Untold Story of Law Firm Sullivan & Cromwell, Lisagor & Lipsiuis

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