I tried to post a new topic without success, so it may go here: Allied (ie USA) corporations collaborating and profiting from the NAZI war effort, sort of a counterbalance to the resistance idea.
I came across this bit of information whilst looking at German helicopters in WW2:
This is re the Focke-Achgelis Fa223
Henrich Focke had been removed by the Nazi regime from the company he had co-founded in 1936. Though the ostensible reason was that he was "politically unreliable", the RLM's decision to phase Focke-Wulf into the production program of the almost ready Bf-109 necessitated an influx of capital to fund the immediate expansion of the company's production capabilities. Focke Wulf was reorganized into a limited company (G.m.b.H.) in June 1936.
After Focke-Wulf formally signed a contract to produce the Bf-109C in November 1937, the American company International Telephone & Telegraph (ITT), through its German subsidiary C. Lorenz, bought a 28 percent share of Focke-Wulf in 1938, making it the controlling interest.
Looking at the International Telephone & Telegram ITT link lead me to this:
German subsidiaries in the Nazi period
On 3 August 1933 Hitler received in one of the first meetings with US businessmen Sosthenes Behn, then the CEO of ITT, and his German representative, Henry Mann.Antony C. Sutton, in his book Wall Street and the Rise of Hitler, makes the claim that ITT subsidiaries made cash payments to SS leader Heinrich Himmler.
ITT, through its subsidiary C. Lorenz AG, owned 25% of Focke-Wulf, the German aircraft manufacturer, builder of some of the most successful Luftwaffe fighter aircraft.
In the 1960s, ITT Corporation won $27 million in compensation for damage inflicted on its share of the Focke-Wulf plant by Allied bombing during World War II.
In addition, Sutton’s book uncovers that ITT owned shares of Signalbau AG, Dr. Erich F. Huth (Signalbau Huth), which produced for the German Wehrmacht radar equipment and transceivers in Berlin, Hanover (later Telefunken factory) and other places. While ITT - Focke-Wulf planes were bombing Allied ships, and ITT lines were passing information to German submarines, ITT direction finders were saving other ships from torpedoes.
In 1943 ITT became the largest shareholder of Focke-Wulf Flugzeugbau GmbH for the remainder of the war with 29%. This was due to Kaffee HAG's share falling to 27% after the death in May of Kaffee HAG chief, Dr Ludwig Roselius. OMGUS documents reveal that the role of the HAG conglomerate could not be determined during WWII.
Please tell me that Wiki is incorrect in this, or really, did a US Corporation really both profit from German industry in WW2 and receive compensation from the victors because they won the war?