Friday, May 20, 2011
Deutsche Bank Financed Hitler's Final Solution of Jews Now Deutsche Bank is Taking the Homes of Americans by Fraud
The US federal government is seeking more than $1 billion from Deutsche Bank in a fraud lawsuit that could open a new front in a campaign to punish companies that churned out the low-quality mortgages blamed for sparking the financial crisis.
The lawsuit filed May 3rd in Manhattan federal court says the German financial giant's New York-based home lender, MortgageIT, recklessly approved 39,000 mortgages for government insurance from 1999 to 2009 "in blatant disregard" of whether borrowers could make the required monthly payments.
The Federal Housing Administration has paid $386 million in insurance claims on bad MortgageIT loans, a figure the agency projects will rise to about $1.3 billion. The government is asking the court to order Deutsche Bank to pay three times the FHA's eventual losses on the loans. The suit also seeks punitive damages.
Deutsche Bank has a history of fraud, deceit and the use of murder to further their interests, a Google search for "Deutsche Bank" and "Holocaust" turns up nearly 1,550,000 hits see link here. "Deutsche Bank Says It 'Regrets' Nazi Deals".
Holocaust survivors and their heirs filed an $18 billion class-action lawsuit in New York against Germany's Deutsche Bank, alleging the banks knowingly accepted the cash, wedding rings, tooth fillings, spectacles and other property seized from Holocaust victims.
Regina and Lamonte Lawrence — the founder of Lawrence Semiconductor — filed a suit in Marin County Superior Court after asking lawyer Ted Hannig to investigate Deutsche Bank and seek legal redress for the alleged loss of $4.2 million of a $19 million trust set up to benefit the S.F.-based Jewish Community Federation.
Hannig uncovered the 136-year-old bank's ties to Hitler's Third Reich. Among other offenses, Deutsche Bank helped to fund the construction of Auschwitz and allegedly profited from the material goods stripped from concentration camp inmates.
Historians combing through Deutsche Bank AG archives have found evidence that the biggest German bank helped finance construction of the Auschwitz death camp, the chief historian of the bank said Thursday.
Manfred Pohl, director of the bank's historical institute, said it was the first time that Deutsche Bank had been linked to the financing of companies that built the Nazi death camp. Other recently unearthed documents showed that the bank serviced accounts for the Gestapo, the Nazi secret police, which deposited proceeds from auctions of property confiscated from deported Jews, he said.
Mr. Pohl said the bank's archivists had found detailed loan records to construction companies that built facilities for "Waffen-SS Auschwitz," the camp's security police. They also found records of loans by Deutsche Bank to companies for the construction of the IG Farben chemicals plant adjacent to Auschwitz.
Deutsche Bank AG has admitted it has documents in its vaults establishing a loan at a critical time to Hitler for financing the construction of the Auschwitz death camp in Poland where in Himmler's report to Hitler, he listed 363,211 Jews murdered during August-November of 1942.
It was at this concentration camp that I.G. Farben had its Zyklon B Degesch Division, which manufactured a commercial form of deadly hydrocyanic acid, which became active on contact with air. It was used in the Auschwitz concentration camp beginning in the summer of 1941 where the poison gas was used for mass executions of prisoners too sick to work.
"Without I.G. Farben's immense productive facilities, including those at Auschwitz, its far-reaching research, varied technical experience and overall concentration of economic power, Nazi Germany would not have been in the position to conduct its aggressive war in Europe and against the United States, according to reports filed by General Eisenhower's staff at the close of the war. According to the most accurate count, about 1.5 million people died at the Auschwitz I.G. Farben plant.
After the war, 24 I.G. Farben executives were indicted for war crimes over Auschwitz III - but only twelve of the 24 were found guilty and sentenced to prison terms ranging from one-and-a-half to eight years. I.G. Farben got away with mass murder.
Bill Warner Private Investigator, SEX, CRIME, CHEATERS & TERRORISM at www.wbipi.com