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People can’t help who their ancestors were, but they can help acting like them. Frighteningly, Schallenberg appears to be turning Austria into a Police State. He’s locking down the unvaccinated and having the police harass people by making them show their vaccine passports. There are so many Nazi-Fascist/Nazi-Fascist collaborator offspring involved in what’s going on today, that it’s impossible to believe that it’s a coincidence. Even under the Nazis things worsened in stages. As explained by one Hungarian survivor, it started with yellow stars, then with papers to prove citizenship. At each stage they were optimistic that there was light at the end of the tunnel, that it couldn’t keep getting worse, yet it did get much worse, and they ended up in Auschwitz: “Surviving the Holocausthttps://youtu.be/ayN-IhDYBBQ

Austrian Chancellor Schallenberg was only sworn in on 11 October 2021 by President Alexander Van der Bellen. https://en.wikipedia.org/wiki/Alexander_Schallenberg Police harassing people to check vaccination status will only help spread disease. See too: https://tkp.at/2021/11/15/ici-an-schallenberg-die-monarchie-ist-vorbei-und-untertanen-gibt-es-auch-nicht-mehr/

Schallenberg’s Swiss Banker grandfather was Alfred Schaefer of UBS. His mother is the “daughter of Swiss banker and president of UBS Alfred Schaeferhttps://en.wikipedia.org/wiki/Alexander_Schallenberg

Even leading Swiss bankers were making declarations in support of their incriminated German colleagues at this time. In the case of Dresdner Bank, it was not only the relatively harmless and apolitical Hans Pilder who was provided with such a declaration – even Karl Rasche, the bank’s extremely militant and nationalistic director, found an advocate in Alfred Schaefer of Union Bank of Switzerland: «On the basis of my personal experience, I consider Dr. Rasche to be an absolutely respectable person for whom I have a very high regard.»50 These declarations were a kind of dual exoneration as they also stopped any further questions from being raised about Switzerland’s role in these types of contacts.” See: “Independent Commission of Experts Switzerland – Second World War Switzerland, National Socialism and the Second World War Final Report”; Footnote 50: UBS Archives, SBG Fund, 1200000002680, 13 May 1950, declaration by Alfred Schaefer (original German). See Perrenoud/López/Adank/Baumann/Cortat/Peters, Place financière, 2002 (Publica-of the ICE), chapter 4.6.2.
Bergier Report Final Link- https://www.swissbankclaims.com/Documents/DOC_40_Bergier%20Final.pdf

This simply scratches the surface on Alfred Schaefer (1905-1986), but we don’t have time to go into more details for now. Those with knowledge of the history will recognize from the following information, that Schaefer appears to have been instrumental in the survival of the Third Reich: In 1931 Schaefer started working for the Schweizerische Bankgesellschaft (SBG), today’s UBS. He obtained solid business experience during the world economic crisis of the 1930s and played a decisive role for the bank. From 1937-40, he was involved in the purchase of German holding company Interhandel. See: Zehnder, Patrick: “Schaefer, Alfred“, in: Historisches Lexikon der Schweiz (HLS), Version vom 18.02.2011. Online: https://hls-dhs-dss.ch/de/articles/042099/2011-02-18/

Nazi War Criminal Rasche was a fellow lawyer-banker:

Karl Emil August Rasche (23 August 1892 in Iserlohn – 13 September 1951 in Basel) was an SS-Obersturmbannführer and a Ph.D. in law as well as a Board member and banker, later spokesman, of the Dresdner Bank during the Third Reich. On 11 April 1949 he was sentenced in a Ministries Trial to seven years in prison for his activities under the Nazis.

Early career

Rasche studied economics and law in Münster, Munich, Leipzig, Berlin, and Bonn. At the outbreak of the First World War, he joined the army and fought on the Western Front. After being wounded in 1917 he wrote a dissertation with the title “The police concept in today’s Prussian law with special attention to special laws” whilst in hospital. After the war he became involved in the Baltische Landeswehr, fundraising and recruiting volunteers. From July 1919 Rasche served as a court clerk in Hamm, but moved in 1921 to work at the Barmer Bank Corporation, where he became a rehabilitation specialist. From the beginning of 1933 he was a board member of the Bochum Westfalenbank AG, where he worked with Paul Pleiger.

During the Nazi period

In 1934 Rasche was appointed a deputy, and from August 1935, a full board member of the Dresdner Bank. His employment with Dresdner Bank had partly come through the intervention of Wilhelm Keppler. Together with another board member, Emil Heinrich Meyer, Rasche was considered a trusted banker of the SS. Though Rasche joined the Nazi Party in May 1933, his membership was not considered valid, as no membership card was issued or any membership fees paid. In August 1939 Rasche was retroactively awarded party membership from May 1937 and was given membership number 2,207,508. From 1933, Rasche was also a member of the German Labor Front (DAF), the Rechtswahrerbund (Lawyer’s association), and the Nationalsozialistischer Reichsbund für Leibesübungen, the umbrella organisation for sports. During the 1936 Summer Olympics Rasche was deputy head of the Reich Office for professional athletics.

Because of this role, he was introduced as a guest of honour to Adolf Hitler, the leader of the Nazi Party, and was introduced into the Freundeskreis Himmler by Fritz Kranefuss in the autumn of 1936. Rasche joined the SS (membership number 323,879) in May 1939 with membership retroactive to November 1938 as a Hauptsturmführer (SS Captain).

After the Anschluss of Austria in 1938, Rasche became involved in the expansion of the banking business in Austria and later in the Sudetenland and Protectorate of Bohemia and Moravia. From the mid-1930s, he served as Chairman or Board member in the war effort and also led the business departments of the subsidiaries Handelstrust West NV (Amsterdam) and Continentale Bank SA (Brussels).

Towards the end of December 1942 he was promoted to CEO of the Dresdner Bank after a restructuring of the bank, together with Carl Lüer [de]. In December 1943, he joined the Executive Group West in Bad Nauheim.

Rasche was involved in the negotiation of credit to the SS, which operated Nazi forced labor camps and concentration camps and financed the Germanisation programmes in occupied Eastern Europe. In banking, Rasche was also involved in Aryanization in the Netherlands and the Protectorate of Bohemia and Moravia. His participation in the Nazi regime is also demonstrated in the transfer of Czech arms factories to the Reichswerke Hermann Göring, which he carried out together with Hans Kehrl [de].

After the war

In April 1945 Rasche was arrested at Bad Nauheim and was placed in French captivity. He was questioned in Paris. Rasche was confined to the French occupation zone and his activity was limited to the “promotion of cross-border economic relations” for the French military government. In November 1945 Rasche was appointed to exchange information with the Office of Military Government, United States investigators in the American occupation zone. He was arrested immediately after his arrival in Frankfurt. He was imprisoned in Darmstadt after a stay in the prison in Frankfurt and in the 74th Ludwigsburg camp. From there he was transferred to the Dachau concentration camp, and finally was called to trial in April 1947 in the Nuremberg Trials.

As the only banker on trial from the private sector, Rasche was indicted on 4 November 1947 at the Ministries Trial, the eleventh set of trials to take place under the Nuremberg Trials. His counsel was Egon Kubuschok [de].

Regarding the seventh indictment of collaborating in slave labour, the prosecution could not prove conclusively whether Rasche had visited concentration camps or taken loans to pay for their building.

Rasche was released (early) in August 1950 from the Landsberg Prison for war criminals. In October/November 1950 Rasche was declared to have completed the denazification process. He was unable to resume work at the Dresdner Bank. In May 1951 representatives of the Bank agreed on a settlement for compensation and pension claims. Rasche continued working as a consultant and died as a result of a heart attack on a commuter train to Basel in September 1951.

Work in supervisory boards

Chairman of the Supervisory Board
* 1938–1945: Perlmooser Cement AG, Vienna
* 1939–1944: Bohemian Escompte Bank, Prague (banking subsidiary Dresdner Bank)
* 1939–1944: Poldi Hütte AG, Prague
* 1941–1945: Commercial Credit Bank Ltd., Riga
* 1943–1945: West German Bodenkreditanstalt, Cologne
* 1943–1945: Tatra Werke AG, Prague
* Engelhardt-Brauerei AG Brewery, Berlin
* Hardy & Co. Ltd. Bank, Berlin
Vice-Chairman of the Supervisory Board
* 1944 Allgemeine Versicherungs AG, Vienna
* 1936–1945: Dyckerhoff Portland Cement AG, Mainz-Amöneburg
* 1939–1945: Rheinische rayon AG, Krefeld
Member of the Supervisory Board
* 1936–1945: Mülheim mining association
* 1936–1939: Junkers aircraft and engine plants AG
* 1937–1945: Winter Hall AG, Kassel
* 1937–1945: GEA Group AG, Frankfurt
* 1938–1944: Gerling Group Life Insurance AG, Cologne
* 1938–1945: Felten & Guillaume AG, Cologne
* 1938–1945: Coal AG of Essen, Essen
* 1938–1945: Country Bank Wien AG (subsidiary of Dresdner Bank)
* 1938–1945: Iron and Steelworks AG, Cologne-Beckum
* 1939–1945: Accumulatoren Factory AG, Hagen
* 1939–1945: Brno Arms Factory AG, Prague
* 1939–1944: Döhrener Werke AG, Hannover
* 1940–1944: Coal-Benzin AG (Brabag), Berlin
* 1940–1945: Continental Oil AG, Berlin
* 1940–1945: Škoda Works AG, Hanover
* 1940–1945: Rheinmetall AG, Düsseldorf


Alfred Schaefer (1905-1986): “Doctorat en droit à l’université de Zurich (1930). 1931 Eintritt in die Schweiz. Bankgesellschaft (SBG), 1941-63 Mitglied der Generaldirektion (ab 1953 Präs.), 1964-76 Verwaltungsratspräsident. S. prägte die SBG und machte in der Weltwirtschaftskrise der 1930er Jahre tiefgreifende geschäftl. Erfahrungen. 1937-40 war S. in den Kauf der dt. Holding-Gesellschaft Interhandel involviert.” Excerpt: Zehnder, Patrick: “Schaefer, Alfred“, in: Historisches Lexikon der Schweiz (HLS), Version vom 18.02.2011. Online: https://hls-dhs-dss.ch/de/articles/042099/2011-02-18/

Zehnder, Patrick: “Schaefer, Alfred“, in: Dictionnaire historique de la Suisse (DHS), version du 18.02.2011, traduit de l’allemand. Online: https://hls-dhs-dss.ch/fr/articles/042099/2011-02-18/, consulté le 17.11.2021. Zehnder, Patrick: “Schaefer, Alfred”, in: Historisches Lexikon der Schweiz (HLS), Version vom 18.02.2011. Online: https://hls-dhs-dss.ch/de/articles/042099/2011-02-18/ Les contenus créés au nom du Dictionnaire historique de la Suisse (DHS) sont soumis à la Licence Creative Commons CC BY-SA.