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The Bunker – News without the nonsense

The Nazi Billions Hidden in Plain Sight

The Bunker – News without the nonsense

Podmasters

News, Society & Culture, Politics, Government

4.61K Ratings

🗓️ 13 July 2022

⏱️ 38 minutes

🧾️ Download transcript

Summary

BMW, Volkswagen, Allianz and Dr. Oetker are all household names – but how did these German businesses get to be so wealthy? The reality of collaboration, collusion, and the active championing of Hitler and the Nazi regime – during World War II, and beyond – by corporations remains “happily ignored”. So how have global powers let them get away with it? Jelena Sofronijevic talks to financial journalist David de Jong, author of author of Nazi Billionaires: The Dark History of Germany’s Wealthiest Dynasties.  “The businessmen that I write about pressured Jewish businessmen to sell assets far under their value or there would be more dire repercussions.” “The vast majority of Germany’s business community went through this very flawed legal process called de-Nazification. This saw millions of criminals get off scot-free for their crimes.” “There were farcical legal proceedings that saw Nazi war criminals exonerated.” “The allied thinking that they needed to have a financially West Germany also led to those businessmen keeping their assets.” “Most of the characters in my book are sheer opportunists.” “As we get further away from the atrocities of the Third Reich, this history is receding.” “As consumers the bare minimum we should expect from these families is that they’re transparent.” https://www.patreon.com/bunkercast Written and presented by Jelena Sofronijevic. Group Editor: Andrew Harrison. Lead Producer: Jacob Jarvis Producers: Jacob Archbold and Jelena Sofronijevic. Audio production by Jade Bailey. THE BUNKER is a Podmasters Production Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved

0:05.5

photography but I turn it into earning a living at 60. I enrolled on a day course.

0:11.8

Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?

0:13.0

I loved going to college.

0:14.0

It's good you can retrain and do something.

0:16.0

Yeah, yeah.

0:17.0

Let's talk about working, learning, saving and making the most of living longer.

0:22.0

Phoenix Group is the UK's largest long-term savings and retirement business.

0:28.0

Search Phoenix Group living longer.

0:30.0

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0:32.0

From those happy greetings at the door to the warm cuddles on the sofa

0:36.7

so give a little love back with dental life from Purina a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so

0:55.3

look after theirs with dental life. Pick up dental life in the pet food aisle. Hello and welcome back to the bunker daily I'm Yellenellinusofraniervich.

1:13.0

BMW, Volkswagen, Alliance and Dr Utker are all household names that dominate the global economy.

1:20.2

But how did these German billionaires and businesses get to be so wealthy?

1:24.6

Germany is typically celebrated for its culture of remembrance and contrition around the Second World War,

1:30.6

but the reality of collaboration, collusion and active championing of Hitler and the Nazi regime

1:36.6

by some of its most powerful private businesses remains happily ignored.

1:41.5

So how have global powers let them get away with it?

1:45.0

To discuss all this I'm delighted to be joined by David DeYong, who has covered European

1:49.7

banking, finance and hidden wealth for the likes of Bloomberg, the Wall Street Journal and the Dutch Financial Daily.

1:55.0

He is also the author of Nazi billionaires, the dark history of Germany's wealthiest dynasties.

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