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September 11 Commission Report - Gnostic Liberation Front

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These eight men would not constitute the entirety of the cartel, but it does represent a list<br />

of German financial executives with questionable activities of a money laundering nature<br />

in their background.<br />

On the North American continent, it is appropriate to designate at least two former high<br />

ranking Deutsche Bank Executives:<br />

• Mayo Shattuck: former Deutsche Bank Board Director and CEO of Deutsche Bank<br />

Alex Brown who resigned on 12 <strong>September</strong> 2001, Trustee of the Bronfman family<br />

fortune and financial advisor to Adnan Khashoggi. Mayo would move on to become<br />

CEO of an energy company and soon created a company whose primary business was<br />

trading energy derivatives and power –replacing Enron in a market vacuum after it’s<br />

collapse.<br />

• Tye W. Burt - the former Chairman of Deutsche Bank Canada and Deutsche Bank<br />

Alex Brown Securities Canada, and Managing Director and Head of Deutsche Bank’s<br />

Global Metals and Mining Group., and on the Advisory Board of Barrick Gold.<br />

Additionally, Marcus and Jacob Wallenburg need to be added to this list because of their<br />

involvement with the cartel and Donald Rumsfeld. Their family roots with this cartel<br />

were long disguised, but the release of post-war national archives in both Sweden and the<br />

US changed the world’s view.<br />

“…a darker chapter is being written now about the Wallenberg family and its extensive business<br />

empire, as Sweden confronts dismaying new evidence that the country's wartime collaboration was<br />

more extensive than is widely known, and that the Wallenberg family profited from secret dealings<br />

with the Nazis. For instance, documents from World War II contain evidence that Jacob and Marcus<br />

Wallenberg, Raoul's cousins, used their Enskilda Bank to help the Nazis dispose of assets seized from<br />

Dutch Jews who died in the Holocaust.<br />

According to extensive documentation, the Wallenberg bank also provided illicit cover so a German<br />

company could operate in the United States - with help from a future US secretary of state, John Foster<br />

Dulles. The documents indicate that the company, Bosch, paid its fee in gold, but that the Wallenbergs<br />

insisted that the gold be used to buy Swiss securities because they feared the gold had been stolen by<br />

the Nazis.” [Family long viewed as heroic profited from Nazi deals , Walter V. Robinson, Boston<br />

Globe Staff, 07/06/97 ]<br />

“There were many other Swedish corporations that enjoyed profitable relationships with the Nazis.<br />

However, the one most cherished by the Nazis was the Enskilda bank, owned by the Wallenbergs.<br />

With good relationships with a bank the Nazis could borrow funds and launder their stolen gold.<br />

Safehaven documents revealed that the US had been tracking the pro-Nazi activities of the<br />

Wallenbergs for several years. In February 1945, Morgenthau, in a letter to Secretary of State, Edward<br />

Stettinius, charged that Enskilda was making substantial loans to the Nazis without collateral and<br />

making covert investments for German capitalists in US industries. Note that Morgenthau's letter<br />

confirms Bormann's plan to allow Nazis to invest in the United States as a means of preserving their<br />

assets. He further charged that the bank was repeatedly connected with large black market operations.<br />

In the letter Morgenthau identified Jacob Wallenberg as strongly pro-Nazi and rebuts the claim that<br />

Marcus was pro-Ally. The Wallenbergs were playing both sides,…. Marcus Wallenberg came to the<br />

United States in 1940 and attempted to purchase on behalf of German interest an American held block<br />

of German securities…. Enskilda Bank has been repeatedly connected with large block market<br />

operations in foreign currencies, including the dollars reported to have been dumped by the Germans.”<br />

[Nazi Gold , Part 5:Operation Andrew & Sweden's Neutrality<br />

“According to Hewitt's report, it was Wallenberg's opinion that the only alternatives to Hitler were<br />

Himmler, backed primarily by the Waffen SS and the Gestapo, or the Wehrmacht secret opposition<br />

cells if they could survive Gestapo harassment and rally the main body of the army before Hitler<br />

THE SEPTEMBER <strong>11</strong> COMMISSION REPORT Page 286

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