Since the Nazis later accused Jewish bankers of
Citations (1)
- The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family whole source · open book
Since the Nazis later accused Jewish bankers of sabotaging the economy, it is worth noting that Paul and Max acted as a critical conduit of Wall Street money at a time when credit was scarce. Already in 1920, the Warburgs pulled off a big transatlantic deal for the German electrical company, AEG, selling a quarter of its new loan issue to the Guggenheims.
chapter: 16 - The Murder Exploding Detachment