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What makes the Schaeffler case particularly interesting is the timing of the Auschwitz allegations. It may be part of the negative reception of the controversial corporate buyout, originating from a source who may want to damage the Schaeffler family, spreading rumors about its activities during the Nazi period. Indeed, the clan seemed to have been prepared for the arrival of such charges. In early February, after rumors began to appear on the Internet that the Schaeffler clan had Nazi skeletons in its closet, the family made public a study it had commissioned in 2004 on its history during the Nazi...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

Germany's Nazi past continues to unsettle its present. Privileged clans and mighty industries alike have subjected themselves to public scrutiny and painful mea culpas over activities and associations before and during World War II. But the latest controversy links the poisoned mementos of Auschwitz to the ongoing global financial crisis in a still unraveling tale of leveraged buyouts, corporate hubris and financial humiliation. (See Auschwitz and other gloomy tourist destinations...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

...come charges that Schaeffler's kin profited from Hitler's gassing of Jews in Auschwitz. Jacek Lachendro, deputy director of the Auschwitz Museum's research department, told Spiegel TV, a German program associated with the weekly newsmagazine, that bales of human hair, which are still on exhibit in the Auschwitz Museum, were found at a factory in Kietrz, Poland, at the end of World War II. The hair, allegedly from victims gassed at the infamous concentration camp, was supposedly used to manufacture upholstery and carpets. The factory's name was Teppichfabrik G. Schoeffler AG. "Our historians say Schoeffler is Schaeffler...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

Lachendro says tests conducted on the hair turned up traces of Zyklon B, the deadly pesticide used to gas Auschwitz prisoners. Lachendro presented the Spiegel TV reporters with a bale of cloth that he said was made from human hair. He said former workers at the alleged Schaeffler factory in Kietrz testified that at least two train-car loads of human hair were delivered to the factory from Auschwitz...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

Apart from the many Jews who found a new life in Argentina, hundreds of Nazi war criminals also escaped here after the war, among them SS Colonel Adolf Eichmann, in charge of the "Final Solution," and Auschwitz supervising doctor Josef Mengele, in charge of the going through the prisoners who arrived on trains at the camp, deciding who went to the gas chamber and who was kept alive for slave labor. Eichmann was kidnapped by a group of undercover agents from Israel's Mossad intelligence service in 1960, then tried in Jerusalem and executed. Mengele lived undisturbed in South America...

Author: /time Magazine | Title: Argentina Deports a Holocaust-Denying Bishop | 2/23/2009 | See Source »

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