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...I have this odd feeling that I'm about to spend 2 hours down a rabbit hole looking for more information on what you're talking about.
It's a very shallow hole unfortunately. As I stated, a lot of the details have been scrubbed from history. Wikipedia has the boilerplate here. The only names mentioned are the patsy, MacGuire. And a passing mention of J.P. Morgan. Everything outside of that quickly delves into hearsay, speculation, and conspiracy. Though not the lizard people or Jewish space lazer kind. But the plausible kind that wasn't publicly exposed.
IF it was taught to you in school. The term fascism is never mentioned or connected to it in any way. Just a plot by business guys to take over the government. Textbook fascism, but totally not fascism. And not a big deal.
What's interesting is the New York times reaction to the plot. Initially treating it as if it were a hoax. Later publishing an article about how serious and credible the accusation was. But the only evidence that was ever made public was Smedley Butler turning them in and MacGuire being his contact. We will never know what evidence they saw to convince them.
The best reasoning currently points to this being done as retaliation to FDR trying to pass the new deal. And implicates far more than MacGuire and JP Morgan. Including the likes of Prescott Bush. Who is believed to be their intended final leader. With Butler himself being a patsy and stepping stone to their final goal. It is also reasoned that there were no convictions or punishments made. Because those implicated in Congress were given a pass in return for voting for the New Deal.
Again though that is all reasoning and speculation. Because what the government investigated and what they found was never made public. But as stated the few who saw the evidence found it compelling and serious. Which makes it all the more odd that nothing ever came of it. More so than just a whitewashed footnote in history.
Holy shit. I actually watched a movie that had The Business Plot as a key part of the...plot. It's called Amsterdam.