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The Philip DeFranco Show

MS 5.8 How The Wealthy Owners of Krispy Kreme Are Exploring Their Dark Past

The Philip DeFranco Show

philip defranco

News

4.7 β€’ 1.1K Ratings

πŸ—“οΈ 8 May 2019

⏱️ 6 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

What's up you up in a fantastic morning?

0:02.5

Welcome to the extra morning news show.

0:04.1

My name is of course Philip DeFranco, and today we're

0:06.1

to be talking about crispy creams and Nazi ties.

0:08.5

And yes, you did hear me correctly, the donut maker's Nazi ties,

0:11.6

but we're gonna back up a little bit because it's not that simple

0:14.1

and in fact today's topic is more about how the company that owns Krispy Kreme recently uncovered

0:18.2

its owners ties to the Nazi party which I will say is not completely unique in fact

0:22.1

many of today's well-known companies

0:23.8

have profited based off of their ties to the Nazi Party.

0:26.2

But of course, since then, German companies and of course

0:28.2

the German government have continually tried to make amends

0:30.4

for the past all the way up to today.

0:31.8

But with all of that said, let's start with the people who own

0:34.2

crispy cream, the Riemann family.

0:35.8

They are one of the wealthiest families in Germany and own JAB holdings.

0:39.0

And Jabb actually has a wide range of investments under its corporate umbrella.

0:42.0

This including Panera, Pete's Coffee,

0:43.9

Einstein Brothers, Bagels, Currig and Coatee. And Jab was started before the Nazis were around,

0:48.3

focusing on chemical manufacturing and continued doing business after Nazi Germany. By 1978, the Ryman's

0:53.3

I believe they found out all about their family and company connections to the

0:56.1

Nazi party. Albert Ryman, Sr. and Jr. the father and son duo who helped build

...

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