Title
Hostile Takeovers of Large Jewish Companies, 1933–1935: Reassessing Aryanization of Jewish-Owned Firms
Files
School/Department
School of Humanities and Social Sciences
Description
Opportunism combined with anti-Semitism led non-Nazi businessmen to acquire the largest German-Jewish companies in the period 1933–1935. These hostile takeovers were made possible by the Deutsche Bank and Dresdner Bank, which recalled loans previously extended to Jewish firms. Thereby Germany's largest banks obtained new loan fees, new supervisory board seats and became the house banks for the new Gentile-owned firms. The German judiciary did not defend Jewish property rights, because judges shared the same conservative mindset. Scholarship has previously not discovered this 1933–1935 paradigm because of a focus on Berlin government or Nazi Party actions, instead of the Jewish companies. In addition, a failure to distinguish between multi-million dollar enterprises and tiny shops caused scholars to emphasize the year 1938, when thousands of mom-and-pop shops became bankrupt.
Keywords
Modern Jewish History;
ISBN
978-1793606822
Publication Date
10-28-2020
Document Type
Book
Publisher
Lexington Books
City
Lanham
Recommended Citation
Katin, William M. (2020). Hostile Takeovers of Large Jewish Companies, 1933–1935: Reassessing Aryanization of Jewish-Owned Firms. Lanham: Lexington Books.
https://digitalcommons.biola.edu/faculty-books/518