Bank of England secretly aided Nazis by selling off looted gold.

[idick]

The Bank of England helped sell $8.8 million worth of gold stolen by Nazis after invading Czechoslovakia. The gold would be worth nearly $1.15 billion in today's market. Question should the gold or its value rather be returned.

 

[Celticman]

Interesting question as WW2 had not started when Czechoslovakia was invaded. Began with the subsequent invasion of Poland. Perhaps the answer becomes cloudy if there was no state of war at the time? Also, if the Bank of England sold the gold and surely remitted the proceeds to Germany, who would owe the money?

 

[red]

Interesting question as WW2 had not started when Czechoslovakia was invaded. Began with the subsequent invasion of Poland. Perhaps the answer becomes cloudy if there was no state of war at the time? Also, if the bank of England sold the gold and surely remitted the proceeds to Germany, who would owe the money?

good question.

 

[peter4025]

I'm sure that they knew where the gold came from ( at least they suspected it). The greed took over and probably, made a huge profit on the sale. They should be held responsible for the profit part.

 

[red]

The Bank of England helped sell $8.8 million worth of gold stolen by Nazis after invading Czechoslovakia. The gold would be worth nearly $1.15 billion in today's market. Question should the gold or its value rather be returned.

henry the 8th stole church lands and sold them off and put them in the treasury. should the lands or money be returned?

 

[rld]

The Bank of England helped sell $8.8 million worth of gold stolen by Nazis after invading Czechoslovakia. The gold would be worth nearly $1.15 billion in today's market. Question should the gold or its value rather be returned.

Sounds a tad impractical.

To whom would it be repaid?

 

[Cobra Enorme]

where is the gold from? dead peoples teeth or just stolen goods?

 

[Celticman]

where is the gold from? dead peoples teeth or just stolen goods?

The invasion of CZ was before the exterminations so it would be "stolen" goods and therefore in no way related to Jewish victims of Germany . If the gold came from the original seizure of the CZ Sudeteland area, then it could be argued that the gold was not stolen as other European countries ratified the action on the basis that Sudetenland was really German anyway (Munich Agreement 1938). I mention this as the legalese argument and not the moral argument.

 

[rld]

Since the OP likes to eschew sources it is hard to put things in context.

 

[Celticman]

Since the OP likes to eschew sources it is hard to put things in context.

http://www.bbc.co.uk/news/business-23513654

 

[rld]

http://www.bbc.co.uk/news/business-23513654

The Star article actually has some useful details.

http://www.thestar.com/news/world/2..._helped_sell_nazi_gold_new_papers_reveal.html

Including:

The documents also indicate that the BIS had special immunity status and a request from it could not be stopped.
“It is clear from the (general) immunity granted to the BIS that no government which was a party to the original agreement, and there were 17 of them, including, of course, the governments of the U.K. and France, could have taken any action unless they had been prepared, in time of peace too, to violate their treaty obligation,” the papers stated.

Much ado about nothing. A historic footnote at best.

 

[idick]

Since the OP likes to eschew sources it is hard to put things in context.

I guess you got your source. I bet there where more than a couple Jewish people who had items looted and its night right period.

 

[Celticman]

I guess you got your source. I bet there where more than a couple Jewish people who had items looted and its night right period.

Source?

 

[Big Sleazy]

where is the gold from? dead peoples teeth or just stolen goods?

Both.

BS

 

[rld]

I guess you got your source. I bet there where more than a couple Jewish people who had items looted and its night right period.

You didn't read the article or understand it I guess.

The money in question was transferred from one BIS vault to another. The BIS vaults were in London.

Which meant that the gold in question, before the invasion of Czech was held by the Czech government.

Are you suggesting that the Czech government stole the gold from jewish people or are you suggesting the Nazis did and magically transported the gold into a Czech BIS vault in London and then asked for it to be transferred into a Reichsbank vault?

Either way...your bet is not a good one.

 

[saxon]

Those who win the war rarely have to return the spoils of war. A lot of things happened before, during and after the war that don't look to good on the allies, but it's all history now, far too late to change things. You know the old saying, " those who win write the history books".

 

[5hummer]

Actually, old news.

You will be nauseous (I'm doubtful, most people don't care) of the legit companies that have committed to heinous events.

Look into companies like Ford, GE, Mercedes, Bayer, etc. etc.

 

[Scarey]

Actually, old news.

You will be nauseous (I'm doubtful, most people don't care) of the legit companies that have committed to heinous events.

Look into companies like Ford, GE, Mercedes, Bayer, etc. etc.

Whenever I hear about them chasing down some old Nazi guard in his 80's or 90's, I think to myself......wow....are there soooo many other bigger fish to fry on this issue of working for the Nazi's