Word: krupp
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...types and quantities of weapons to be available and used must be the responsibility of the Department of Defense." This disclaimer could be expected; few businesses concern themselves with the consequences of the use of their product, except in terms of profit. During World War II the Krupp arms trust supplied the weaponry for German aggression. When called to answer for their conduct after 1945, the owners of the company said that they were just following orders. That defense was insufficient to prevent the imprisonment of high Krupp officials for war crimes...
What costs more than the Krupp diamond or a drawing by Rembrandt? Answer: a lonely homestead tucked away in the sylvan woodlands of New Jersey. Though there is nothing so gauche as a FOR SALE sign on the front lawn of this brand-new, Mediterranean-style villa, the hunt is on for a buyer The price tag: a cool...
...KITZBÜHEL, AUSTRIA. "Kitz" is like Miami Beach with snow, a crowded commercial resort that draws both the packaged-tour trade and the famous. Crown Prince Carl Gustaf of Sweden skis here, as do Jet-Setters Günter Sachs and Arndt von Bohlen und Halbach, the Krupp heir. Visitors who want to try to ski the multifaceted Hahnenkamm or merely stare at celebrities can get a week's vacation for about...
...taken, and had a mistress in Santiago who bore him four children. As of a few weeks ago, Farago contended, Bormann was back in Argentina, in Salta province, living in "a cottage on the Rancho Grande, the vast estate of Arndt von Bohlen und Halbach, last scion of the Krupp family." Like so much of Farago's other material, this episode included authentic-sounding detail, stating, for instance, that Bormann's attentive host was the estate's manager, a naturalized Turk. But too many of the details do not stand up to examination. Arndt von Bohlen...
...will need all his talents at Krupp. Undercapitalized and overly dependent on steel, the big concern earned only $452,000 last year on sales of $1.8 billion (German operations only). Krackow hopes to do better by making the company multinational. Says he: "I can conceive of opportunities for American partners to collaborate with Krupp in Europe in certain areas, using American know-how. Conversely, I can think of areas in America that could well be enriched with Krupp ideas." The Weser subsidiary, for instance, has been developing ice-breaking bulk carriers and tankers, and Krackow hopes to enter into joint...