The Deutsche Bank and the Nazi Economic War against the Jews

The Deutsche Bank and the Nazi Economic War against the Jews
Author: Harold James
Publisher: Cambridge University Press
Total Pages: 284
Release: 2001-03-23
Genre: History
ISBN: 1139428950

The Deutsche Bank, Germany's largest financial institution, played an important role in the expropriation of Jewish-owned enterprises during the Nazi dictatorship, both in the existing territories of Germany, and in the area seized by the German army during World War II. In this 2001 book Harold James uses new and previously unavailable materials, many from the bank's own archives, to examine policies which led to the eventual genocide of European Jews. How far did the realization of the vicious and destructive Nazi ideology depend on the acquiescence, the complicity, and the cupidity of existing economic institutions, and individuals? In response to the traditional view that business co-operation with the Nazi regime was motivated by profit, this book closely examines the behaviour of the bank and its individuals to suggest other motivations. No comparable study exists of a single company's involvement in the economic persecution of the Jews in Nazi Germany.

Dark Towers

Dark Towers
Author: David Enrich
Publisher: HarperCollins
Total Pages: 477
Release: 2020-02-18
Genre: Business & Economics
ISBN: 0062878824

#1 WALL STREET JOURNAL BESTSELLER * NEW YORK TIMES BESTSELLER New York Times finance editor David Enrich's explosive exposé of the most scandalous bank in the world, revealing its shadowy ties to Donald Trump, Putin's Russia, and Nazi Germany “A jaw-dropping financial thriller” —Philadelphia Inquirer On a rainy Sunday in 2014, a senior executive at Deutsche Bank was found hanging in his London apartment. Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much. In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law. Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs. Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to touch: Donald Trump. Over the next twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein. Dark Towers is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality—the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank—and his son’s obsessive search for the secrets he kept.

The Passion of Max Von Oppenheim

The Passion of Max Von Oppenheim
Author: Lionel Gossman
Publisher: Open Book Publishers
Total Pages: 418
Release: 2013
Genre: History
ISBN: 1909254207

Born into a prominent German Jewish banking family, Baron Max von Oppenheim (1860-1946) was a keen amateur archaeologist and ethnologist. His discovery and excavation of Tell Halaf in Syria marked an important contribution to knowledge of the ancient Middle East, while his massive study of the Bedouins is still consulted by scholars today. He was also an ardent German patriot, eager to support his country's pursuit of its "place in the sun." Excluded by his part-Jewish ancestry from the regular diplomatic service, Oppenheim earned a reputation as "the Kaiser's spy" because of his intriguing against the British in Cairo, as well as his plan, at the start of the First World War, to incite Muslims under British, French and Russian rule to a jihad against the colonial powers. After 1933, despite being half-Jewish according to the Nuremberg Laws, Oppenheim was not persecuted by the Nazis. In fact, he placed his knowledge of the Middle East and his connections with Muslim leaders at the service of the regime. Ranging widely over many fields - from war studies to archaeology and banking history - 'The Passion of Max von Oppenheim' tells the gripping and at times unsettling story of one part-Jewish man's passion for his country in the face of persistent and, in his later years, genocidal anti-Semitism.

Tower of Basel

Tower of Basel
Author: Adam LeBor
Publisher: PublicAffairs
Total Pages: 364
Release: 2013-05-28
Genre: Business & Economics
ISBN: 1610392558

Tower of Basel is the first investigative history of the world's most secretive global financial institution. Based on extensive archival research in Switzerland, Britain, and the United States, and in-depth interviews with key decision-makers -- including Paul Volcker, the former chairman of the US Federal Reserve; Sir Mervyn King, governor of the Bank of England; and former senior Bank for International Settlements managers and officials -- Tower of Basel tells the inside story of the Bank for International Settlements (BIS): the central bankers' own bank. Created by the governors of the Bank of England and the Reichsbank in 1930, and protected by an international treaty, the BIS and its assets are legally beyond the reach of any government or jurisdiction. The bank is untouchable. Swiss authorities have no jurisdiction over the bank or its premises. The BIS has just 140 customers but made tax-free profits of 1.17 billion in 2011-2012. Since its creation, the bank has been at the heart of global events but has often gone unnoticed. Under Thomas McKittrick, the bank's American president from 1940-1946, the BIS was open for business throughout the Second World War. The BIS accepted looted Nazi gold, conducted foreign exchange deals for the Reichsbank, and was used by both the Allies and the Axis powers as a secret contact point to keep the channels of international finance open. After 1945 the BIS -- still behind the scenes -- for decades provided the necessary technical and administrative support for the trans-European currency project, from the first attempts to harmonize exchange rates in the late 1940s to the launch of the Euro in 2002. It now stands at the center of efforts to build a new global financial and regulatory architecture, once again proving that it has the power to shape the financial rules of our world. Yet despite its pivotal role in the financial and political history of the last century and during the economic current crisis, the BIS has remained largely unknown -- until now.

A History of Corporate Governance around the World

A History of Corporate Governance around the World
Author: Randall K. Morck
Publisher: University of Chicago Press
Total Pages: 700
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226536831

For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.

Business and Industry in Nazi Germany

Business and Industry in Nazi Germany
Author: Francis R. Nicosia
Publisher: Berghahn Books
Total Pages: 248
Release: 2004
Genre: Business & Economics
ISBN: 9781571816535

During the past decade, the role of Germany's economic elites under Hitler has once again moved into the limelight of historical research and public debate. This volume offers a brief but focused introduction to the role of German businesses and industries in the crimes of Hitler's Third Reich.

U.S. Intelligence and the Nazis

U.S. Intelligence and the Nazis
Author: Richard Breitman
Publisher: Cambridge University Press
Total Pages: 511
Release: 2005-04-04
Genre: History
ISBN: 0521852684

This book is based on the unprecedented declassification of thousands of US intelligence files.

The World of Private Banking

The World of Private Banking
Author: Youssef Cassis
Publisher: Routledge
Total Pages: 332
Release: 2016-12-05
Genre: History
ISBN: 1351880306

This is a full and authoritative account of the history of private banking, beginning with its development in conjunction with the world markets served by and centred on a few European cities, notably Amsterdam and London. These banks were usually partnerships, a form of organization which persisted as the role of private banking changed in response to the political and economic transformations of the late 18th and early 19th centuries. It was in this period, and the succeeding Golden Age of private banking from 1815 to the 1870s, that many of the great names this book treats rose to fame: Baring, Rothschild, Mallet and Hottinger became synonymous with wealth and economic power, as German, French and the remarkably long-lasting Geneva banks flourished and expanded. The last parts of this study detail the way in which private banking adapted to the age of the corporate economy from the 1870s to the 1930s, the decline during and after the Great Depression and the post-war renaissance. It concludes with an appraisal of the causes and consequences of the modern expansion of private banking: no longer the exclusive preserve of partnerships, the management of investment portfolios of wealthy individuals and institutions is now a major concern of international joint-stock banks.

Wall Street and the Rise of Hitler

Wall Street and the Rise of Hitler
Author: Antony Cyril Sutton
Publisher: CLAIRVIEW BOOKS
Total Pages: 225
Release: 2012-12-17
Genre: Business & Economics
ISBN: 1905570627

‘The contribution made by American capitalism to German war preparations can only be described as phenomenal. It was certainly crucial to German military capabilities... Not only was an influential sector of American business aware of the nature of Naziism, but for its own purposes aided Naziism wherever possible (and profitable) - with full knowledge that the probable outcome would be war involving Europe and the United States.’ Penetrating a cloak of falsehood, deception and duplicity, Professor Antony C. Sutton reveals one of the most remarkable but unreported facts of the Second World War: that key Wall Street banks and American businesses supported Hitler’s rise to power by financing and trading with Nazi Germany. Carefully tracing this closely guarded secret through original documents and eyewitness accounts, Sutton comes to the unsavoury conclusion that the catastrophic Second World War was extremely profitable for a select group of financial insiders. He presents a thoroughly documented account of the role played by J.P. Morgan, T.W. Lamont, the Rockefeller interests, General Electric Company, Standard Oil, National City Bank, Chase and Manhattan banks, Kuhn, Loeb and Company, General Motors, the Ford Motor Company, and scores of others in helping to prepare the bloodiest, most destructive war in history. This classic study, first published in 1976 - the third volume of a trilogy - is reproduced here in its original form. (The other volumes in the series study the 1917 Lenin-Trotsky Revolution in Russia and the 1933 election of Franklin D. Roosevelt in the United States.)