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Business and the Holocaust
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Media Reports - 1999
by order of most recent date:

  • BBC News | EUROPE | Nazi slave cash dismissed as 'gesture'
    Former Nazi slave Rudy Kennedy was only 15 when he was taken to Auschwitz. "Most of the banks contributing to the payment fund will be supplying more in this year's Christmas bonuses to their senior staff than to the entire group of survivors of the Nazi regime," he claims.
    "I was taken as a 15-year-old with my family from Breslau in Poland to Auschwitz... My mother and my sister were gassed immediately but my father and myself were allowed to work. I was owned by the SS and they hired us out to big companies such as Hoechst, BASF, Agfa and Bayer. My father managed to stay alive about eight weeks."
    Wednesday, 15 December, 1999
    Company names appearing in this article are:
    • Agfa (former complete subsidiary of Bayer AG) now Agfa-Gevaert Group (Belgium)
    • BASF (BASF Aktiengesellschaft) (formerly part of IG Farben) (Germany)
    • Bayer AG (formerly part of IG Farben) (Germany)
    • Hoechst (now Aventis) (formerly part of IG Farben) (Germany)

  • BBC News | Americas | US ponders Nazi slave compensation
    The United States Congress has begun considering a bill which would allow people used as forced labour by companies in Nazi Germany to sue firms in the American courts. The bill would extend the statute of limitations, so that compensation claims which expired in 1993 would be valid until 2010, and give the courts - rather than the State Department - power to consider the cases.
    If the bill is approved, German companies like Volkswagen and Siemens which used slave labour could be ordered to pay out billions of dollars. American companies like Ford have also been accused of using slave labour in their factories in Germany before the outbreak of war.
    Thursday, November 4, 1999
    Company names appearing in this article are:
    • Ford Motor Company (USA)
    • Siemens AG (Germany)
    • Volkswagen AG (Germany)

  • BBC News | Europe | Fund for Nazi slave labourers
    A German company, IG Farben, which used slave labourers in Nazi concentration camps has agreed to pay compensation to Holocaust survivors. The chemical giant made Zyklon-B, the gas used to kill Jews in the concentration camps. At Auschwitz, IG Farben ran a slave labour plant using 83,000 people at its peak in 1944.
    Wednesday, 18 August, 1999

  • BBC News | Europe | German Bayer company named in Nazi lawsuit
    A survivor of the Nazi concentration camps of the Second World War has accused the German pharmaceutical conglomorate, Bayer AG of conspiring with the Nazis to conduct human medical experiments for profit. The survivor, Eva Mozes Kor, is seeking damages for alleged experiments done on sets of twins supervised by Joseph Mengele at the prison camp at Auschwitz.
    Thursday, 18 February, 1999
    Company names appearing in this article are:
    • Bayer AG (formerly part of IG Farben) (Germany)

  • BBC News | Europe | Volkswagen joins Holocaust fund
    Compensation talks between German companies and Holocaust survivors are boosted as Volkswagen joins a special fund. Overworked and underfed, many of the workers died in the appalling conditions in hidden military complexes.
    Sunday, 14 February, 1999
    Company names appearing in this article are:
    • Deutsche Bank AG (Germany)
    • Dresdner Bank (now part of Allianz AG) (Germany)
    • Volkswagen AG (Germany)

  • BBC News | Europe | Car giant joins Holocaust fund
    The german car firm, Volkswagen, has confirmed that it will take part in a fund to compensate victims of the Nazi Holocaust in the Second World War.
    Saturday, 13 February, 1999
    Company names appearing in this article are:
    • Volkswagen AG (Germany)

  • French implicate U.S. banks
    February 12, 1999
    by LEE YANOWITCH - Jewish Telegraphic Agency
    Jewish News of Greater Phoenix
    Company names appearing in this article are:
    • American Express (USA)
    • Bank of the City of New York (Bank of New York) (USA)
    • Chase Manhattan (J.P. Morgan Chase & Company) (USA)
    • Guaranty Trust Co. of New York (acquired by J.P. Morgan & Co.) (J.P. Morgan Chase & Company) (USA)
    • J.P. Morgan (J.P. Morgan Chase & Company) (USA)

  • BBC News | The Company File | Holocaust claims threaten bank merger
    Pressure is growing on Deutsche Bank, Germany's biggest bank, to settle compensation claims from Holocaust victims, in order to push through its $10bn merger with Bankers Trust. Deutsche Bank admitted last week it was involved in funding the construction of Auschwitz, the concentration camp in which 1.5 million people, mainly Jews, were killed by the Nazis.
    Tuesday, 9 February, 1999
    Company names appearing in this article are:
    • Deutsche Bank AG (Germany)

  • BBC News | Europe | Talks on Holocaust claims
    High-ranking representatives of the German government and the country's largest bank, Duetsche Bank, are flying to the United States for discussions on the Holocaust compensation claims many German companies are facing.
    Sunday, 7 February, 1999
    Company names appearing in this article are:
    • Deutsche Bank AG (Germany)

  • BBC News | Europe | German bank linked to death camp
    Deutsche Bank has admitted lending money to firms which built the Auschwitz death camp and is discussing compensation claims. The head of Deutsche Bank's historical institute, Manfred Pohl, said newly-disclosed documents showed the bank had links with firms that built the camp. It also had credit links to one company that made incineration units and funded another whose subsidiary made the Zyklon B gas used in the camp.
    Asked if it was clear whether Deutsche Bank officials had known that the money was being used to fund the concentration camp, Mr Pohl said bank officials in Katowice had been aware of these facts.
    Friday, 5 February, 1999
    Company names appearing in this article are:
    • Deutsche Bank AG (Germany)

  • BBC News | Europe | German bank helped build death camp
    Deutsche Bank says it lent money to firms which built Auschwitz concentration camp.
    Thursday, 4 February, 1999
    Company names appearing in this article are:
    • Deutsche Bank AG (Germany)

  • BBC News | Europe | US banks gave Jewish money to Nazis
    A French government commission, investigating the seizure of Jewish bank accounts during the Second World War, says five American banks, Chase Manhattan, J.P. Morgan, Guaranty Trust Co. of New York, Bank of the City of New York and American Express, took part.
    A commission member Claire Andrieu said that at the time, the United States was not at war with Germany, and the American banks could have behaved differently.
    Wednesday, 3 February, 1999
    Company names appearing in this article are:
    • American Express Company (USA)
    • Bank of New York Company, Inc. (USA)
    • Chase Manhattan (now J.P. Morgan Chase & Company) (USA)
    • Guaranty Trust Co. of New York (acquired by J.P. Morgan & Co.) (J.P. Morgan Chase & Company) (USA)
    • J.P. Morgan (J.P. Morgan Chase & Company) (USA)

  • BBC News | Europe | Dresdner Bank traded in Nazi gold - study
    A study by a Holocaust research institute in Germany the Hannah Arendt Institute has concluded that one of the country's major banks, the Dresdner, traded in gold looted by the Nazis.
    Thursday, 28 January, 1999
    Company names appearing in this article are:
    • Dresdner Bank (now part of Allianz AG) (Germany)

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