Publisher's Synopsis
After years of intensive research in archives throughout Europe and the U.S., the authors of The Art of Cloaking Ownership discovered that firms located in 'neutral' Sweden supported the Nazis' financial and industrial leadership. The case of Enskilda, a bank owned by the still powerful Wallenberg family, proved to be particularly interesting. Among other things, Enskilda acted as a cloak for the Nazi regime and helped important German corporations like Bosch, IG Farben and Krupp to hide their foreign subsidiaries in order to avoid confiscation by the Allied governments.This fascinating book, offers a dramatic picture of the tangled web of relationships connecting capitalism, power and politics during the Second World War.
