"371 Swiss banks stand accused of collaborating with the Nazis during World War II. This was suspected at the time by by U.S. Secretary of Treasury Henry Morgenthau, who began investigating this collaboration. He found the Swiss were not alone. His archives reveal that both British and American bankers continued to do business with Hitler, even as Germany was invading Europe and bombing London.
This investigative film shows in detail the roles played by the Anglo-German banking clique. Key members of the Bank of England together with their German counterparts established the BIS, the Bank for International Settlement, which laundered the plundered gold of Europe. On its board were key Nazis such as Walther Funk and Hjalamar Schact The president of BIS was an American, Thomas McKittrick, who readily socialized with leading Nazis. Not only the BIS, but other allied banks worked hand in hand with the Nazis. One of the biggest American banks kept a branch open in Occupied Paris and, with full knowledge of the managers in the U.S., froze the accounts of French Jews. Deprived of money to escape France, many ended up in death camps.
When Pres. Roosevelt died in April 1945, Morganthau lost his protector and his crusade against the banks came to an end. He was further weakened when men in his department were accused of being Communists during the McCarthy era. This incredible story contains interviews with surviving members of banking families and Morganthaus investigative team as well as newly found archive material."
From
http://www.youtube.com/view_play_list?p=112FF018D01E2F81 and
http://digg.com/news/world_news/banking_with_hitler_part_1_3 ...
4 Comments
marinarasays...just like arms dealers make more money by selling to both sides, so do banks. watched this over dinner. good watch even though i was familiar w/ the subject.
geo321says...*backup
siftbotsays...Added alternate embed code for this video - backup requested by geo321.
siftbotsays...Moving this video to ant's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.
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