Senate hearings expose Standard Oil of New Jersey’s secret cartel agreements with IG Farben, the German chemical conglomerate that produces Zyklon B for Nazi concentration camps and uses slave labor from Auschwitz. Senator Harry Truman’s investigative committee reveals that Standard Oil …
Standard Oil of New JerseyIG FarbenHarry TrumanThurman ArnoldWalter Teagle+1 morecorporate-treasonwar-profiteeringcartelregulatory-captureantitrust-evasion+1 more
The holding company structure proliferates across American industry during the 1920s, enabling unprecedented corporate consolidation while evading antitrust enforcement and state regulation. Delaware’s permissive incorporation laws, offering minimal oversight and maximum management discretion, …
Samuel InsullJ.P. MorganVan Sweringen BrothersDelaware Corporation Commissioncorporate-consolidationregulatory-capturefinancial-manipulationantitrust-evasionholding-companies
Pierre du Pont assumes the presidency of General Motors in December 1920 and installs Alfred P. Sloan as operating head, consolidating DuPont family control over the nation’s largest automaker after DuPont Company acquires 23% of GM stock. The arrangement creates a paradigmatic example of …
Pierre du PontAlfred P. SloanJohn J. RaskobDuPont CompanyGeneral Motorscorporate-consolidationinstitutional-captureantitrust-evasioncorporate-governance