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 (1764—1834). In 
1825, third son James Brown (1791—1877) opened an office in New York City and 
another in Boston, Massachusetts in 1845. James Brown's son, John Crosby Brown 
(1838—1909) 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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