The Story Behind the Nazi Gold Essay Paper Example For Students

The Story Behind the Nazi Gold Essay Paper The Story Behind the Nazi Gold Nazi Gold: Hard currencylooted from treasuries of countries occupied by the Axispowers during World War II. Ingots consisting of goldmelted down from the teeth of murder victims andweddings bands and jewelry. About two thirds of anestimated $660 million ($7.8 billion in todays dollars) instolen Nazi gold passed through Switzerland during thewar. And like any sharp businessmen with hot goods, theSwiss disposed of much of their gold quickly throughPortugal mainly, but also to Sweden, Spain, and othercentral banks (Hirsh 48). Probably no more that $140million remains unaccounted for, and a good portion of thatwas probably sold onward as well. But what remains of theknown Nazi hoard (none of which has been returned to theJewish community) is worth no more than about $65 millionaccording to the Brussels-based Tripartite GoldCommission, set up after World War II to return stolengold to national treasuries. Recently the Clintonadministration created a com! mi ssion to search for anyNazi funds that might have ended up in U.S. FederalReserve vaults. We have to be willing not only to focus thespotlight on Switzerland, says Under Secretary ofCommerce Stuart Eizenstat. We have to be willing tofollow the trail of assets into our own treasury (qtd. inHirsh 47). This trail though, suggests that there is no hugestash of Nazi gold in Switzerland. The loot has scatteredworldwide through numerous transactions and is probablyirretrievable. Also, because so many banks were involved,the amount of gold left in Wieckowski 2 Switzerland isprobably negligible, contrary to what investigators haveuntil now presumed. At this point the cost or returning theNazi Gold to its rightful owners is not worth the trouble andinconvenience it would create. Documents released inrecent months have made it clear that Swiss banks tradedin looted Nazi-gold, and that Swiss businesses made afortune selling arms to the Nazis. In a historical reportpublished around May 9,1997, i t was said that there wasno evidence that the Swiss or other neutral countries knewthat gold from the central banks had been smelted togetherwith gold fillings, wedding bands, and other jewelry stolenfrom Holocaust victims (Sanger). But, Eizenstat foundincontrovertible evidence that Swiss bankers knew theywere trading in gold that Germany had looted from thetreasuries of states it occupied, and also a handwrittenledger sheet from the Reichsbank showed a deposit of29,996 grams of dental gold into a Swiss account (Aharsh). This confirms that the Nazis melted down andrecirculated gold extracted from the teeth of murderedJews and other death camp victims. It also proves theinvolvement and knowledge of dealings with gold extractedfrom tee! th of murdered victims by the Swiss in that therewere deposits made into their accounts. Germany also sentSwitzerland via diplomatic pouch packages of jewelry,looted from Jewish persecutees, to be exchanged forindustrial diamonds and foreign currency e ssential to theGerman war effort (Sanders). From this evidence we seethat the Swiss acted as the Nazis principal bankers andafter the war took a legalistic stance to hold onto theirill-gotten gains, returning only $58 million worth of gold(Chesnoff). Some argue that the Swiss should have givenup all of the gold, but why should they? It was businessafter all. Many Swiss argue that what Switzerland did wasdone for survivals sake, but their critics assert that it wasWieckowski 3 done of opportunism and amorality andshould be paid for in both moral and financial terms(Cowell). During WWII, the German threat to Switzerlandwas real, not imaginary or exaggerated. After the collapseof France in 1940, historically neutral Switzerland wasvirtually surrounded by axis-dominated territory. After theGermans occupied Vichy, France in the fall of 1942,Switzerland was entirely cut off from the outside world. .u4e98e4c28b40dac0306a7664750c0843 , .u4e98e4c28b40dac0306a7664750c0843 .postImageUrl , .u4e98e4c28b40dac0306a7664750c0843 .centered-text-area { min-height: 80px; position: relative; } .u4e98e4c28b40dac0306a7664750c0843 , .u4e98e4c28b40dac0306a7664750c0843:hover , .u4e98e4c28b40dac0306a7664750c0843:visited , .u4e98e4c28b40dac0306a7664750c0843:active { border:0!important; } .u4e98e4c28b40dac0306a7664750c0843 .clearfix:after { content: ""; display: table; clear: both; } .u4e98e4c28b40dac0306a7664750c0843 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u4e98e4c28b40dac0306a7664750c0843:active , .u4e98e4c28b40dac0306a7664750c0843:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u4e98e4c28b40dac0306a7664750c0843 .centered-text-area { width: 100%; position: relative ; } .u4e98e4c28b40dac0306a7664750c0843 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u4e98e4c28b40dac0306a7664750c0843 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u4e98e4c28b40dac0306a7664750c0843 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u4e98e4c28b40dac0306a7664750c0843:hover .ctaButton { background-color: #34495E!important; } .u4e98e4c28b40dac0306a7664750c0843 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u4e98e4c28b40dac0306a7664750c0843 .u4e98e4c28b40dac0306a7664750c0843-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u4e98e4c28b40dac0306a7664750c0843:after { content: ""; display: block; clear: both; } READ: DRUG ABUSE Essay We will write a custom essay on The Story Behind the Nazi Gold Paper specifically for you for only $16.38 $13.9/page Order now

Understanding The Power of Brand

Understanding The Power of Brand Free Online Research Papers The brand is often cited as one of the most important factors of successful businesses. But what exactly is a brand? Brand is defined as a name, symbol, association or other feature that distinguishes companies’ products and services. Nowadays consumers have more access to information and more choices than ever before. Therefore businesses need an eye-catching, unusual and special brand that can capture customer’s awareness; moreover they need to create a positive emotional attachment to the brand. In fact, marketing studies indicate that people attribute a â€Å"personality† and build up emotional attachments to certain brands; in this way the trademark also act as a guarantee of quality into their consciousness. To some extent this is true, but without maintain the brand up-to-date and in line with customers’ needs and preferences, even the most famous and popular company can slowly lose its importance. To illustrate with a specific example Coca-Cola brand has been invented in 1885 and in more than a century the company has changed logo, graphics, slogan and advertising million of times and is still changing to matches customers’ expectation. This is the reviewing process: it consists in regular reviews of the brand that can cause the decision of re-branding the company. This essay will first of all talk about how can companies modify their brand. Then why and when should they do that and finally which are the risks of this process. There are different ways in which companies can re-brand their self. As mentioned above, in the Coca-Cola example, businesses can decide to create a different logo, advertising, graphics and slogan; moreover their images can change simply modify company packaging, livery or uniforms, but also via new products or services. All of these modifications can help a company to be always up-to-date and maintain a number of affectionate consumers and a good reputation in a very competitive market. Research Papers on Understanding The Power of BrandMarketing of Lifeboy Soap A Unilever ProductAnalysis of Ebay Expanding into AsiaThe Project Managment Office SystemAnalysis Of A Cosmetics AdvertisementTwilight of the UAWIncorporating Risk and Uncertainty Factor in CapitalDefinition of Export QuotasOpen Architechture a white paperThree Concepts of PsychodynamicBionic Assembly System: A New Concept of Self