http://www.guardian.co.uk/world/2004/sep/25/usa.secondworldwar

Rumours of a link between the US first family and the Nazi war machine
have circulated for decades. Now the Guardian can reveal how
repercussions of events that culminated in action under the Trading
with the Enemy Act are still being felt by today's president.

George Bush's grandfather, the late US senator Prescott Bush, was a
director and shareholder of companies that profited from their
involvement with the financial backers of Nazi Germany.

The Guardian has obtained confirmation from newly discovered files in
the US National Archives that a firm of which Prescott Bush was a
director was involved with the financial architects of Nazism.

His business dealings, which continued until his company's assets were
seized in 1942 under the Trading with the Enemy Act, has led more than
60 years later to a civil action for damages being brought in Germany
against the Bush family by two former slave labourers at Auschwitz and
to a hum of pre-election controversy.

The evidence has also prompted one former US Nazi war crimes
prosecutor to argue that the late senator's action should have been
grounds for prosecution for giving aid and comfort to the enemy.

(See link above for complete article.)