Thu Sep 11, 2008 7:54 am EDT

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Allianz, an insurance and financial services company based in Munich and the reported front-runner to win the naming rights to the new Giants-Jets Stadium under construction in the New Jersey Meadowlands, has ties to Adolph Hitler and the Nazi regime, according to the New York Daily News and New York Times.
According to the the Daily News report, Allianz was the insurer of the Auschwitz death camp's facility and personnel. Its CEO at the time, Kurt Schmitt was Adolf Hitler's economics minister. According to the New York Times, Schmitt can be seen in a photograph from a rally wearing an SS-Oberführer's uniform and delivering the Nazi salute with Hitler standing in front of him.
Like other insurers in Germany at the time, Allianz followed anti-Semitic policies by terminating or refusing to pay off the life insurance policies of Jews, and sent cash that was due beneficiaries and survivors to the Nazis. It also became the insurer of Jewish valuables taken by the Nazis, according to the New York Times.
Gerald Feldman was a historian asked by Allianz in 1997 to produce an unfettered history of its role in Hitler's Germany. He wrote in "Allianz and the German Insurance Business, 1933-1945" that the company extended its group accident insurance for engineers working for the notorious I.G. Farben chemical company at Auschwitz, according to the New York Times.
"It was just one more piece of business in the Third Reich," he wrote in his book, which was published in 2001, "but it demonstrated that such pieces on any large scale made contact at some point with all that is represented by the name ‘Auschwitz' — from slave labor to extermination — virtually inescapable."
The new $1.6 billion stadium will be the home to both New York-area NFL teams. New York City has the largest Jewish community in the country, according to the New York Daily News.
The teams refused to speak about Allianz, which has United States subsidiaries like Fireman's Fund Insurance and Oppenheimer Capital, because a deal is not done. And Allianz refused to discuss the naming-rights negotiations according to the New York Times.
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140 Comments
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I don't see a big deal.
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But no one's calling for the naming right to the Wachovia Center to be changed?
There's plenty of US companies (and presidents with links to companies) who have had a legacy linked to slavery, but black people aren't strong enough a community to have their voices heard... unlike the Jewish community.
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but no one's calling for the naming right to the wachovia center to be changed?
there's plenty of us companies (and presidents with links to companies) who have had a legacy linked to slavery, but black people aren't strong enough a community to have their voices heard... unlike the jewish community.
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deal with it!!
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mike l., its good you're passionate about your community. but there are plenty of people who feel just as strongly about slavery and oppression of black people. (i'm not black or jewish). there's also native americans who were systematically slaughtered in mass genocide like the jews, and we still mock them with the "redskins" logo. and few have called for an end to that either.
the point is, get over it. and get over yourself.
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you gotta love the compassion of some morons
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Now that being said, I certainly would not blame anyone for protesting the name, least of which anyone with jewish herritage.
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I think we can forgive, just not forget.
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