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IG Chemie
Interhandel, short for Internationale Industrie & Handelsbeteilungungen, was a Swiss conglomerate, known for its long-running disputes with the U.S. government over German ownership during World War II. Interhandel, which had both financial as well as industrial holdings was the corporate successor of I.G. Chemie, which the U.S. government had claimed was a front organization for Germany's I.G. Farben during World War II. Interhandel was publicly traded in Switzerland from its formation as IG Chemie with a complex structure of ordinary and preference shares, which concentrated voting rights with an array of Swiss investment banks. Approximately 80% of its capital was tied up in the long-running GAF investment, with the remainder consisting of various small chemical companies, Bank Hoffman of Switzerland, a small bank in Panama and various property investments - most of which had been acquired after the end of World War II, under the control of Managing Director Walter Germann, a r ...
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IG Farben - IG Chemie Logo
IG, Ig, or ig may refer to: Companies * IG Farben, a former German industrial conglomerate * IG Group, a UK financial services company * IG Recordings, a record label formed by the Indigo Girls, an American folk/rock duo * Production I.G, a Japanese anime company * Impressions Games, a defunct United States gaming company * Internet Group, stylized as "iG", a Brazilian internet service provider * Invictus Games (company), a Hungarian video game developer * Air Italy (2018–2020) S.p.A. (IATA: IG), an Italian airline Games * Imperial Guard (''Warhammer 40,000''), from the tabletop strategy game ''Warhammer 40,000'' * '' Imperium Galactica'', a 1997 PC CD-ROM game by Hungary-based Digital Reality * Insomniac Games, an independent video game developer * Investment Game, an international stock market simulation game * Invictus Gaming, a Chinese professional E-sports team * Invictus Games, Paralympic sporting event * Invictus Games (company), Hungarian video game developer Government ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Front Organization
A front organization is any entity set up by and controlled by another organization, such as intelligence agencies, organized crime groups, terrorist organizations, secret societies, banned organizations, religious or political groups, advocacy groups, or corporations. Front organizations can act for the parent group without the actions being attributed to the parent group, thereby allowing them to hide certain activities from the authorities or the public. Front organizations that appear to be independent voluntary associations or charitable organizations are called front groups. In the business world, front organizations such as front companies or shell corporations are used to shield the parent company from legal liability. In international relations, a puppet state is a state which acts as a front (or surrogate) for another state. Intelligence agencies Intelligence agencies use front organizations to provide "cover", plausible occupations and means of income, for their covert ...
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Nazi Germany
Nazi Germany (lit. "National Socialist State"), ' (lit. "Nazi State") for short; also ' (lit. "National Socialist Germany") (officially known as the German Reich from 1933 until 1943, and the Greater German Reich from 1943 to 1945) was the German state between 1933 and 1945, when Adolf Hitler and the Nazi Party controlled the country, transforming it into a dictatorship. Under Hitler's rule, Germany quickly became a totalitarian state where nearly all aspects of life were controlled by the government. The Third Reich, meaning "Third Realm" or "Third Empire", alluded to the Nazi claim that Nazi Germany was the successor to the earlier Holy Roman Empire (800–1806) and German Empire (1871–1918). The Third Reich, which Hitler and the Nazis referred to as the Thousand-Year Reich, ended in May 1945 after just 12 years when the Allies defeated Germany, ending World War II in Europe. On 30 January 1933, Hitler was appointed chancellor of Germany, the head of gove ...
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Union Bank Of Switzerland
Union Bank of Switzerland (UBS) was a Swiss Investment banking, investment bank and financial services company located in Switzerland. The bank, which at the time was the second largest bank in Switzerland, merged with Swiss Bank Corporation in 1998, to become UBS to form what was then the largest bank in Europe and the second largest bank in the World. UBS was formed in 1912 through the merger of the Bank in Winterthur and Toggenburger Bank, both founded in the early 1860s. UBS then continued to grow through acquisitions, including Aargauische Kreditanstalt in 1919, Eidgenössische Bank in 1945, Interhandel, Interhandel Basel in 1967, Phillips & Drew in 1986, and Schröder, Münchmeyer, Hengst & Co. in 1997 among others. The historical UBS logo comprises the initials "UBS" horizontally, referring to the "Union Bank of Switzerland", "Union de Banques Suisses" or "Unione di Banche Svizzere", crossed by vertical "SBG", referring to the name of the bank in German "Schweizerische B ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Basel, Switzerland
, french: link=no, Bâlois(e), it, Basilese , neighboring_municipalities= Allschwil (BL), Hégenheim (FR-68), Binningen (BL), Birsfelden (BL), Bottmingen (BL), Huningue (FR-68), Münchenstein (BL), Muttenz (BL), Reinach (BL), Riehen (BS), Saint-Louis (FR-68), Weil am Rhein (DE-BW) , twintowns = Shanghai, Miami Beach , website = www.bs.ch Basel ( , ), also known as Basle ( ),french: Bâle ; it, Basilea ; rm, label= Sutsilvan, Basileia; other rm, Basilea . is a city in northwestern Switzerland on the river Rhine. Basel is Switzerland's third-most-populous city (after Zürich and Geneva) with about 175,000 inhabitants. The official language of Basel is (the Swiss variety of Standard) German, but the main spoken language is the local Basel German dialect. Basel is commonly considered to be the cultural capital of Switzerland and the city is famous for its many museums, including the Kunstmuseum, which is the first collection of art accessible to the p ...
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American IG
The American IG Chemical Corporation, or American IG, for short, was an American holding company incorporated under the Delaware General Corporation Law in April 1929 and headquartered in New York City. It had stakes in General Aniline Works (GAW), Agfa-Ansco Corporation, and Winthrop Chemical Company, among others, and was engaged in manufacture and sale of pharmaceuticals, photographic products, light weight metals, synthetic gasoline, synthetic rubber, dyes, fertilizers, and insecticides. The Moody's industrial manual listed an affiliation between IG Farben and American IG at the time of founding.Wilkins, Mira''The history of foreign investment in the United States, 1914-1945'' Cambridge, Mass.: Harvard University Press, 2004 First, Hermann Schmitz, who was the second after Carl Bosch in IG Farben's hierarchy, and then his brother Dietrich A. Schmitz served as American IG's presidents. It was re-incorporated as General Aniline & Film (GAF) Corp. in 1939 after a merge with Gen ...
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GAF Materials Corporation
GAF is an American manufacturing company based in Parsippany, New Jersey, that has roots dating back to the late 19th century. The GAF acronym stands for General Aniline & Film. The company has historically been primarily focused on manufacturing of roofing materials for residential and commercial applications. At one time GAF was also active in manufacturing photographic film as well as cameras and projectors (both still and motion picture), and was the manufacturer of the View-Master, the famous line of 3D transparencies, viewers and projectors. Briefly in the 1970s, it was the official film of Disneyland and Walt Disney World, and at this time actor Henry Fonda served as the company's spokesman in several television commercials, including one that featured Jodie Foster in her first acting role. Jim Schnepper is the President of GAF, an operating subsidiary of Standard Industries. History Founded in 1886, GAF has become one of the largest roofing manufacturers in North Amer ...
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Trading With The Enemy Act Of 1917
The Trading with the Enemy Act (TWEA) of 1917 (, codified at and et seq.) is a United States federal law, enacted on October 6, 1917, that gives the President of the United States the power to oversee or restrict any and all trade between the United States and its enemies in times of war. TWEA was amended in 1933 by the Emergency Banking Act to extend the president’s authority also in peace time. It was amended again in 1977 by the International Emergency Economic Powers Act (IEEPA) to restrict the application of TWEA only in times of war, while the IEEPA was intended to be used in peace time. TWEA is sometimes confused with the IEEPA, which grants somewhat broader powers to the President, and which is invoked during states of emergency when the United States is not at war. The IEEPA was passed in an attempt to rein in perceived abuses by the US President of the TWEA by making the powers subject to the National Emergencies Act (NEA). The NEA included a legislative veto to al ...
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Capital Stock
A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. "Share capital" may also denote the number and types of shares that compose a corporation's share structure. Definition In accounting, the share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values, sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium, additional paid-in capital or paid-in capital in excess of par). Commonly, the share capital is the total of the nominal share capital and the premium share capital. Most jurisdictions do not allow a company to issue shares below par value, but if permitted they are said to be issued at a discount or pa ...
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Conspiracy
A conspiracy, also known as a plot, is a secret plan or agreement between persons (called conspirers or conspirators) for an unlawful or harmful purpose, such as murder or treason, especially with political motivation, while keeping their agreement secret from the public or from other people affected by it. In a political sense, conspiracy refers to a group of people united in the goal of usurping, altering or overthrowing an established political power. Depending on the circumstances, a conspiracy may also be a crime, or a civil wrong. The term generally implies wrongdoing or illegality on the part of the conspirators, as people would not need to conspire to engage in activities that were lawful and ethical, or to which no one would object. There are some coordinated activities that people engage in with secrecy that are not generally thought of as conspiracies. For example, intelligence agencies such as the American CIA and the British MI6 necessarily make plans in secret to s ...
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