AtDTDA: Foley Walker
robinlandseadel at comcast.net
robinlandseadel at comcast.net
Thu Nov 8 11:34:28 CST 2007
Got to go back to Foley Walker and learn
about Harriman & Co on that thread.
Vague in my head.
Now first off, a foley artist literally follows in the footsteps of. . . .
Brown Brothers Harriman & Co. (BBH) is the oldest and largest partnership bank
in the United States. The firm has 40 partners and employs over 3,500 people in
eight domestic and seven overseas locations. The firm currently oversees $44
billion in client assets, including over $16 billion for families and
individuals.
In addition to a full range of commercial banking facilities, the firm is among
the leading providers of global custody, foreign exchange, private equity,
merger and acquisition services, investment management for individuals and
institutions, personal trust & estate administration and securities brokerage.
http://en.wikipedia.org/wiki/Brown_Brothers_Harriman_&_Co.
Brown Bros. & Co. was founded in 1818 in Philadelphia, Pennsylvania as a
merchant bank and trading company by George and John Brown, sons of
former Ulster linen trader Alexander Brown (17641834). In
1825, third son James Brown (17911877) opened an office in New York City and
another in Boston, Massachusetts in 1845. James Brown's son, John Crosby Brown
(18381909) would be a driving force for growth, making Wall Street in New York
the center for operations and seeing the bank become major lenders to the
textile, commodities, and transportation industries.
In 1931, the firm merged with Harriman Brothers and Company, another Wall Street
firm owned by W. Averell Harriman and E. Roland Harriman to form Brown Brothers
Harriman & Co..
http://en.wikipedia.org/wiki/Brown_Bros._%26_Co.
http://www.modernhistoryproject.org/mhp/EntityDisplay.php?Entity=WAHarrimanCo
http://tinyurl.com/ytnm86
The Missouri financier
It was 1903, and George Herbert Walker was well on his way toward building a
fortune and an extended family that would spawn a senator, two governors, and
two presidents. A tough bear of a man, a Missouri heavyweight boxing champion
who frequently fought and sometimes pummeled his own sons, who liked his Scotch
and his racehorses, Walker lived a gilded life in the grandest style.
As the genius behind the successful investment firm he founded and ran mostly by
himself - G.H. Walker and Co. of St. Louis - Walker not only maintained the
''Walker's Point'' estate in Kennebunkport, but also a New York mansion on Long
Island, a stunning residence at One Sutton Place in Manhattan, and a 10,000-acre
hunting preserve called Duncannon in South Carolina. There were servants,
perhaps 15 of them, a yacht, and, when needed, a private train. He
believed in these things : golf, hunting, drinking, horses, gambling, a
boat named Tomboy, and, eventually, a son-in-law named Prescott Bush.
George Herbert Walker was supposed to have led a much different life: His
Scottish Catholic family had planned for him to be a priest. But when his
parents sent him to England to prepare for the priesthood, Walker rebelled.
''As a result of that stern schooling, he grew to hate Catholicism and married a
Protestant,'' Dorothy Walker, his daughter and the president's grandmother, said
in a 1980 family history. Walker's family ''was so upset he married a
non-Catholic that they did not attend their wedding,'' she said.
The clash with Catholicism would play a role in the presidential campaigns of
former President Bush, an Episcopalian, and President Bush, a Methodist, both of
whom struggled to get the Catholic vote.
By all accounts, George Herbert Walker inspired awe and fear even among those
closest to him, including his wife. ''He was a tough father, a tough old
bastard,''
said one of his grandchildren, Elsie Walker. ''There really
wasn't a lot of love on the part of the boys for their father.''
A private man who disliked being photographed, Walker nonetheless maintained a
high profile. When a friend named Dwight Davis established the Davis Cup for
tennis, Walker decided to do the same for golf. The Walker Cup competition
between amateur US and British teams is still known as one of the preeminent
golfing tournaments.
http://www.angelfire.com/hi3/pearly/htmls2/bush-dynasty.html
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