Banking On HitlerFrom the BBC Timewatch series
Produced by Paul Elston
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.
Sources:
www.thedossier.ukonline.co.uk
www.filmakers.com
Additional information:
www.bilderberg.org