Grubstakers - Episode 60: The Reimann Family and the Nazis

Episode Date: April 1, 2019

This week’s episode has several dark moments about the truths of Germany’s Nazi past. Sean McCarthy fulfills his lifelong dream of speaking passionately about an era in humanity that deserves the reality of it to be spread by the masses. The Reimann family owns Krispy Kreme, Keurig Dr Pepper, Pret A Manager, Coty Inc, Peet’s coffee, Panera Bread, and they are linked to some of the most jarring moments of human history. Enter if you dare tighten your seatbelt it’s time for Grubstakers.

Today on Grubstakers, we are recording an episode about the Ryman family and their Holocaust connections. And, well, when we talk about the Holocaust, Sean gets real happy, and we're happy he's happy. So, uh, listen up. First they think you're crazy, then they fight you, and then all of a sudden you change the world. Berlusconi flatly denies that any mafia money helped him begin to start the business i have i've always had a thing for black people i like black people no these stories are funnier than the jokes you can tell i said what the It's not a real job. Tell me the truth. But anyway. In 5, 4, 3, 2, 1. Hello, welcome back to Grubstakers, the podcast about billionaires.

I'm Sean P. McCarthy. I'm here. I'm joined by my friends. Steve Jeffers. Yogi Poival. Andy Palmer. And this week, episode 60, I'm so excited because it is finally our first episode of Grubstakers about German billionaires. All right, that's right. Yes, and I just wanted to ask you all what you think about when you hear the term German billionaires. I mean, the people that own David Hasselhoff, I think comes to mind. I think they certainly are there.

What do you guys think? Elevators that take people to the floor they want to go to. I think so. It is true. I do see German names when I get on escalators a lot. I'm not sure what they did. Which part of Operation Paperclip that was that had them come here and set up all our elevators and escalators?

I think they did it in spite of operation paperclip or else those would be american branded brought to you by otis or the escalator uh designers were not part of the intellectual backbone of the reich it brought people up and down in many ways. But this week we are specifically talking about the Reimann family in Germany, the second richest family in Germany. Right. And you might have seen a news article this week. Yeah, Sandy? Oh, okay. So, you know, I thought I would warm up our Germans.

I know they like their 80s, because that was the... That was a heyday. Yeah, that was the last time that they were really able to confine the Euro trash where they belonged. Imagine if, like, you know, everyone you associate with a trailer park

was kept in a cage. Well, that's how... And you want to comfort our german listeners right now yeah no i definitely shouldn't have said that um so i'm just going to transition into a song to just lull them into uh the good old days um here we go capital uh Ich habe ein Lied für dich vor... Der Reichtum der Gesellschaften, in welchem Kapitalistische Produkt Schweizer herrscht, erscheint als eine ungeheure Warensammlung. Die einzelne Ware als seine Elementarform. Unsere Ungeschickung beginnt daher mit der Analyse der Ware.

Okay, we get it. That riff does bang, Sean. You have to admit that. It is nice. I mean, Andy has decent guitar skills. I'll admit that. I was talking about that. Just this riff in general, baby.

Here's what I'll say. An advantage of doing one episode a week as to two is this gag is funny over the course of a month. Andy reading Capital has at least two more episodes of it being funny. Maybe three. I can shop. Okay, Andy, shut it down. Shut the fuck down.

Trying to be fucking Hendrix, singing while you play. Very few people can sing while they play. Now, Andy, I will accept this bit as long as you burn your guitar now. Senior songwriter, Andy. We've got our own Dave Hill here, ladies and gentlemen. Andy was here to soothe our German listeners for four ignorant Americans making the same goddamn jokes. With the American cover key of their song. From the movie Eurotrip. But the German audience might need to be soothed

because when they hear Americans talking about Germans, I mean, what do Americans think about? It's the fucking Nazis. It's the only movies we think about. It's the only whatever. Who are they? but I wanted to tell I wanted to tell you all and the listeners why I'm excited about

today's episode because perhaps you listen you read a little book of protocols it was very enlightening guys 60 episodes in I think we want to redo our analysis Oh no We had to give you 60 hours of billionaire content

So Sean could finally Fulfill his vice Which is talking about Nazis for an hour I was gone last week And then it's like you guys have to keep pretending I'm in Mexico Because you don't want to admit that I've just like Read the protocols

And gone seriously off the deep end This episode is going to be the press release valve Mexico, because you don't want to admit that I've just like read the protocols and gone seriously off the deep end. This episode is going to be the press release valve for all of Sean's Nazism. Sean was at shitposting class with Weave and he came back and he's like, OK, I learned some things about shitposting, but I learned a lot of things about the place of the white man in the world. Well, that's something that I wanted to say because you, the listener,

I don't know if you've listened to 60, 59 episodes, you might have already figured this out about me, but maybe you were wondering, what does Sean P. McCarthy do after the episode is done and he wants to go home and relax? What does he do? And the answer is, I bring up Wikipedia, I go to the Nazis, and I keep clicking links.

But at what point do you stop jerking off, though? That's really the question now. And the thing about Wikipedia articles about the Nazis, even the ones you've already read, after like a year or two, you forget. Sure. So you can go back through. And the problem is history is interesting, but all of history is boring compared to the Nazis.

Like the Holy Roman Empire you Sean you're into the period where white people were the worst but some of us brown folk like other people you check this out check this out Holy Roman Empire neither Holy Roman or an empire Oh National Socialists neither national nor socialist I mean they were more race-focused than national boundary-focused. Like a Hillary Clinton fucking argument against the Nazis. They say they care about Germans, but it doesn't look like they care about Germans at all. Germany is already great.

Well, did you hear this? Okay, we're already off the rails. This is our second time recording. Rhyme episode. While I was learning about the Nazis, there was the Reichstag fire debate where Hitler was introducing, what was it, the Reichstag fire decree. Yeah, the emergency decree. The emergency decree that was going to strip the German parliament of all its powers and basically just kick out all the communists and all the social Democrats and the social Democrats,

if you don't know, if you take out the word social day, it's pretty like a much a one-to-one mapping to modern Democrats. So I'm like, but I was, I didn't realize that when I was reading this, this book on the Nazis, the rise of the Nazis.

And so they're like, Oh, the head of the social Democrats, he gave a speech to try to save Nazi Germany. I was like, you know what? I've got to read this speech. So I look it up, and the speech starts with, I maintain that Germany was not responsible for the outbreak of the Great War.

Like just immediately going on the defensive about World War I while Hitler's on the verge of turning Germany into a dictatorship. And that's actually a good transition to where I want to start this. Because again, so this is about the... Sean brought a whole Nazi book. I did bring a whole Nazi book. I read this book a while ago,

Wages of Destruction by Adam Tooze. So if you're interested, it's about the economy of Nazi Germany. It's pretty fascinating if you go home and read Wikipedia articles about Nazis every day. day and jerk off don't forget about the jerking off part show so the reimann family again the subject if you can't figure it out we are talking about the reimann family this week and you may or may not have seen kind of news articles that was essentially the reimann family uh they're the heirs to this chemical fortune in Germany, but they just...

Okay, the headlines you saw were, Krispy Kreme people are Nazis. Yes, that is the one sentence Google News pop-up you got. And then you did a tweet about it and forgot about it. Yes. The family that owns Krispy Kremes, they are heirs to this chemical fortune in Germany, but significantly enough, the father and grandfather of this clan collaborated with Nazi Germany. And that's what we're kind of going to talk to.

Now, you used the word clan. What's the first letter of that word there? Krispy Kreme. Yeah, the Krispy Kreme clan. They did create a club in the UK called the Krispy Kreme Club with three Ks, and they had to apologize for that a few weeks later. Damn. Who would have thought that Germans would be so insensitive on the topic of race? And so in this episode, we'll kind of go through the Ryman family, second richest family in Germany, what they actually did in the war, how they got their money, these kinds of things.

But I wanted to just start with what Andy was talking about, which is kind of how Hitler took over, but also how all of German business was so entwined with the Nazi regime. And then kind of after the war, and particularly in Western Germany, a lot of people were just either the scientists were taking an Operation Paperclip or just the businesses were kind of allowed to get a slap on the wrist and walk away from their participation in the Holocaust because they had to set it up to fight Eastern communism. You know, I just want to say, by the way, for the record, I don't actually think that Eastern Germans are trailer trash. I think we might have cut that already. But could we could we explain Operation Paperclip for anyone that doesn't know?

Right. So the Allies after the war were looking for basically a way of keeping their papers from falling all over the place. But Operation Paperclip after the war, they took a lot of particularly rocket scientists, but also engineers from Germany to the United States, and generally just kind of like wiped away their participation in concentration camp labor, the Holocaust, all these things. Particularly Werner Von Braun is the most famous who worked on the Apollo program for the United States to help us put a man on the moon. I guess they couldn't figure out shooting fire in one direction to go in another direction. That was a little too tricky for the American engineers.

But so where I wanted to start was from this book, The Wages of Destruction. And what happens is in Germany in 1933, Hitler is appointed chancellor. The Nazis are the largest party in the Reichstag. They don't have a majority, but they are the largest party. It's a good party. Hitler is appointed Chancellor. And so from this book on Monday, February 20th, 1933,

there's a meeting called... If you want a good backdrop on this, I recommend the Star Wars prequel trilogy. There's a meeting called with Hermann Goering, Hitler's head of, I believe, the Reichsbank at the time, his chief economist, again, in Haljumar Schout, and Adolf Hitler. Who's there? industry such as the second in command of IG Farben the largest chemical company the chairman of the Reich Industrial Association the CEO of Wern get stale work the world's second largest steel firm let's get our German

expert to pronounce these names correctly oh verantika stahlwerke sean you bitch it was worth the pause uh but so you know the book to me when you get to one of those but so basically these leaders of german industry there were several there were prominent representatives of every major almost every major german industrial uh corporation there at this meeting um and then just kind of quoting uh hitler kept them waiting for a while but eventually uh he shows up if the businessmen had expected a discussion of the specifics of economic policy they were to be disappointed hitler instead launched into a general survey of the political situation. The experience of the last 14 years had shown that, quote, private enterprise

cannot be maintained in the age of democracy. Business was founded above all on the principle of personality and individual leadership. Democracy and liberalism led inevitably to social democracy and communism. After 14 years of degeneration, the moment had now come to resolve Nice. If the Nazis were able to gain another 33 seats in the Reichstag, then the actions against the communists would be covered by, quote, constitutional means. But, quote, regardless of the outcome, there will be no retreat. If the election does not decide, the decision must be brought about even by other means. And so. So what part of that sentence did you come in? Because that's really.

The point is Hitler gets these leaders from German industry together and he says to them very specifically, we are going to crush the communists, we are going to crush the social democrats because democracy is incompatible with private business. He leaves the meeting. He leaves the meeting

and then Hal Shemar Shout and Herman Goering. Hjalmar. Yes, they take over, and they essentially say, hey, we need an election fund for the last elections, the last fair elections that are held in Nazi Germany in March. And basically, IG Farben gives about 400,000 Reichsmarks. Deutsche Bank is there. They give 200,000 Reichsmarks.

The Association of the Mining Industry, another 400,000 Reichsmarks. Deutsche Bank is there. They give 200,000 Reichsmarks. The Association of the Mining Industry, another 400,000 Reichsmarks. Do you know how much money that is in today's terms? I'm not sure. I'm sure it's all inflated to shit. Should we go through it? No. But the point is...

These are Reichsmarks? Yes. Okay, so at the time, let's see, if you... Like five modern dollars are worth about uh a pickup truck full of reichsmarks okay i have some economic data here sure so from 1932 through 1939 the average in 1933 it was about four pickup trucks. The average net change in gross national product was about 10%.

10% per year. Increase. But yeah, I mean... Pretty crazy, right? So what you're saying is that, you know, there are some good things about... It turns out when you have slave labor

and also wartime full economies, then yeah, you could do some pretty amazing things. Yeah. I went into this book about the Nazi economy really skeptical. You come out the other side and you see 9% GDP growth per year and you're like,

well, hell, maybe we need some Liebensrum. But the point of that anecdote was essentially to say, I mentioned Deutsche Bank. Sean is saying love space. In many ways.

He does love space, though. So, I mentioned Deutsche Bank there. They thought about pursuing a hug-based economy, and then they went in a different direction. That was Strauss-er. You know what? No. Yeah.

I mentioned Deutsche Bank there. There's actually a competing retaliation. There's the night of the long knives, and they actually got to that before the opponents got to the night of the long hugs. Close battle, though. Close battle. Yeah. I mentioned Deutsche Bank, and this is why I brought this up, is essentially when we talk about the Reimann family,

they are a small part of the larger picture of German business, both during and after World War II. So you mentioned Deutsche Bank. Why is Deutsche Bank the major German bank in the world today? Well, it's because when the Nazis took power, they forced all of the Jewish banks in Germany to essentially at gunpoint do fire sale prices on their assets so the jewish banks in germany were forced to sell their assets at far below market value to deutsche bank as well as other banks so and then deutsche bank continues this capital on after the war right volkswagen used slave labor hugo boss made the uniforms for the nazis uh they use slave labor um uh mer, famously enough, Mercedes is the guy who designed the Tiger tank. Not Mercedes.

Beautiful tank. Had Parktronic and everything. People don't talk about the heated seats in the tank. You can still see the luxury tanks driving around Manhattan today. And what else? IG Farben, of course course is today bayer and not only did they you know does uh do the um fucking uh zyklon b that was used in the gas chambers at auschwitz bayer's a bad company yeah but they also set up if you go to you can't even visit auschwitz three

but auschwitz three was attached to auschwitz and it was a labor camp for IG Farben and two other companies. I believe Krupp Steel had one there. Wait, why can't you visit Auschwitz III? It's like a Building 7 situation. You could visit it. Yeah, what am I hiding? You could visit it, but disturbingly enough, the Polish government after the

war continued its operation as a chemical facility, because there was a chemical factory there. And even though it was like a Holocaust thing going on, they continued it as a chemical factory after the war. So there's really no monument. I mean, there's like a plaque at Auschwitz III. Thank God.

Yes. As long as there's a plaque, I think we'll be okay, ladies and gentlemen. Just if the audience wants to understand what's making Sean, or how Sean gets when this topic comes up. You can cut this out if it's not a great anecdote. But once I met Sean in Berlin, we were both studying abroad that year. Oh, excuse me. It was Ferdinand Porsche who designed the Tiger Tank.

Gotcha. I met him when he just got off the train uh from auschwitz uh yeah they they uh they updated the routes i was complaining about how you couldn't visit auschwitz three sean sean two were nice but sean was visiting auschwitz and then right after he after he finishes taking the tour of all the gas chambers, I meet him in Berlin, and immediately we go to the Holocaust Museum in Berlin. We have three days. I want to see the city.

Sean goes to the Holocaust Museum. I go in the museum. He goes straight to the bookstore. All right. I'm halfway through the museum. I have to come back and see where he is. Then he's at the beginning. I finish the museum, and then I have to come back and follow Sean, who is dedicated to reading every single plaque in the Berlin Holocaust Museum.

Yes. After going through what I presume was every book in the Holocaust Museum bookstore. Andy was mad at me because I was reading every single plaque in the Berlin Holocaust Museum. You just saw, like, it's... Listen, he needed something for the spank bank, okay? It was a lonely time for him, and he just wanted to memorize about the location. It's like if we're, you know,

part of our night is just seeing a Stones cover band, and you're like, no, I want to see the whole set, and I'm like, dude, you just saw the Stones. Okay, first of all, you can go to a Holocaust museum in the United States, but it's not the same as going to a Holocaust museum in Germany. What's the difference, John? You're right there in the middle of it,

and there's an energy that's missing when you're not where the Holocaust took place. Is this the energy that you need to stay hard? No, no, and then on that point, first of all, that's the first. Second of all. The Holocaust didn't take place in Germany, really. It took place in Poland. Yeah, because it took place in Poland. And the government had to hide it from Germans.

Yeah. Yes. The government of Poland today is arguing very vociferously that they did not have anything to do with the Holocaust at all and it was entirely imposed on them by Germany and there was no collaboration. Then they also added the Reichsbank was all them. And on this running gag

of me masturbating to the Holocaust, I just want to say... It's a sitting gag if you ask me. If white women can listen to serial killer podcasts, I can read Mein Kampf for fun in my free time. Okay, all right. Okay? Andy, could you separate that for a drop?

I am not a Nazi. I like gazing into the abyss. You're also not like a victim of the Nazis. No, they prosecute Catholics. White women reading about serial killers, it's like, oh, what if they... They're their primary victims. Yeah.

And you're from a country where they were like, when Belfast had to turn off its lights so that the Nazis wouldn't be able to find Belfast, the rest of Ireland was like, lights on, and the Nazis just followed the coastline. I'll have you know one million Polish Catholics perished in the Holocaust. Oh, that's so sad. A million of you. Crazy to think, you know,

a billion people in Southeast Asia just have no clean water and place the shit and fucking electricity. But sure, no, a million people. If you think about it, the Irish were the original victims of the Holocaust.

We're already completely off the rails. Back to Raymond. Now we're the original victims of the Holocaust. We're already completely off the rails. Back to Raymond. Now we're about to launch into the 20-minute argument I watched Andy and Yogi have about whether or not the Holocaust is overrated. But I want to circle back to the Reimans family specifically. The Reiman family, so basically what's happened here that you saw this article about the Krispy Kreme guys are Nazis. Right.

Why you saw this is the Reimann family hired an economic historian named Paul Ehrker from the University of Munich. They hired him in 2014 to look into their father and grandfather's family ties to the Nazis. And he, just this year, published his initial report, and then that was in turn leaked to a Bild newspaper in Germany, and that's where all these stories are coming from. And he said that he will publish an entire book on this thing later. So this episode will kind of be uh i guess speculation and going on what little info we have but we might come back and do a part two if if the actual book comes out

and there's a ton of new information it's a prequel to a future episode potentially but interestingly enough the uh ryman family uh has since this news came out they have said they will donate 11 million u.s dollars to a a to-be-determined charity. They don't even know which charity yet? Yes. But I would like to just say, I'm not sure who is advising them, but I do not think donating $1 per victim is a good look. Let's just stay away from $11 and $12 and $6 million increments. I just love that they publicly announced,

hey, we're going to be good in the future. Just watch out. We will give this much money at one point to who we don't know. Maybe our own pockets. We're not sure. That's fucking nuts. I just love when someone promises not to be involved in any more genocides. But it is something where it's like, again again this is kind of going to be the running

theme of this episode it's like where do german fan where do german billionaires get their money right why do they have such incredible art collections so okay let's get to like how the story started venezuela yes uh so uh argentina uh the The story just came out this week when DeBille did like an investigative piece on them. And I guess the family probably knew it. It was like a dark family secret. Right. They hired this economic historian. Right.

And he presented his initial report, which is what the build thing is based on. Oh, so they actually were kind of open about it right so it's like historian essentially they had inklings since the 2000s but they've finally it's not a spider spitz they they figured out i mean the chemistry roots are connected to the nazis that's not fucking right two generations we're talking about right they're the grandkids of um they are the grandkids so it's's two guys, Albert Ryman Jr., Albert Ryman Sr. were both involved with the Nazis. You have nine kids. And again, this is a little confusing.

And you should have known that they were involved in the Nazis because all of the heirs to this family, when they turn 18, have to sign a contract saying they are going to stay out of the public eye and not create a name or a profile for themselves they're only two generations removed yeah yeah but i guess like the upcoming heirs have to do that as well is from the motley fool why would you not know they knew yeah that's exactly what your grandparents were up to the the actual story that i read was that essentially they saw

documents from the nazi era and then they hired this economic historian to look into it right but essentially like the father and the grandfather would say oh the germans made us used forced labor or whatever but what's actually come out is that they were lied to they were active participants even before the naz came to power, essentially. That makes sense. I actually found some video of the family when the

historian came back to report it. It's in German, but I'll do what I can to translate it. The historian's telling them that it looks like there's deep connections to the... Oh, okay. The historian's telling them... The family's trying to say, you know, maybe we can push back on this narrative that we have Nazi history. And then,

okay, the historian is saying all of the defenses have fallen and the history is surrounding us and then they're saying the build is going to publish in the coming week and

he's trying to tell them to stop the presses, the family. And they're going to do a counter-narrative. Harvey from TMZ. Yeah, yeah. One of his helpers is saying, okay, maybe we can, you know, shut this off for a week and then release a counter-narrative. Mein Führer, TMZ is not returning phone calls. This is wonderful.

I feel like I'm on YouTube in 2013. All right, now more members of the family are coming into the room. The meeting is getting a little heated now. Okay, Andy, what are they saying now? Okay. Mein Führer. You know what? I do love, here's the secret of the Ryman family is,

if you search for the Ryman family, like half the YouTube results are just downfall videos. You remember that when that was all YouTube was, was taking that clip from Downfall and putting English subtitles on it. That guy died recently, didn't he? Oh, yeah, yeah. Best Hitler.

Yeah. Really, honestly, that movie is amazing. If you've only seen the famous scene, I like that movie a lot. I think it was well done. The legitimate scene is good, actually. Yeah, it is. It was just kind of somewhat harder to enjoy it

after all the memes. Oh, yeah. All the powers. Never mind, that's a tangent um he's also in a movie about um german neo neo nazi gang who committed murders after the war and interestingly enough they were protected by western uh german intelligence which had links with the nazis another thing that happened after the war but so there were these neo-nazi murders after the war from the national socialist underground they murdered like 11 uh muslim immigrants over the course of a decade and uh in one case uh a western german or no by this point unified german intelligence agent was sitting in an internet cafe where this turkish man was shot to death he was sitting there

he walked out the door and claimed that he didn't see this man shot to death, didn't hear this man shot to death. And then they just let him get away with it. Wow. For 10 years, huh? And then he actually contacted someone, this agent contacted someone on two occasions who was in contact with these three Nazis who were on the run, neo-Nazis. So it's just like one of the, the National Socialist Underground is-

And on the flip side, there was a group of young leftists who were actually killing former Nazis who held positions in Germany. Uh-huh, uh-huh. And they were eventually arrested and then just out of pure coincidence, like four of them killed themselves

on the same night in adjacent jail cells. Just a pure coincidence like four of them killed themselves on the same night in adjacent jail cells just a weird coincidence that uh all of uh all these badder meinhof uh wait really this that happened i thought you were doing a uh inglorious bastards reference i thought you were doing no no badder meinhof was this yeah this was just like left-wing underground movement that was like killing former nazis and they actually tried to steal a nuke once which is really funny yeah bader meinhof complex or the bader meinhof yeah i think the movie's called the bader bader meinhof complex yeah yeah is that the movie yeah okay so that's a great movie and then there's also the nsu complex which is about the

national socialist underground i just mentioned and then the guy who plays hitler in downfall plays a german intelligence agent in the nsu complex. On Netflix. Good movie. Anyways, Ryman family. Yep, yep, yep. So what happens here is Albert Ryman Jr. and Albert Ryman Sr. are both involved with the Nazis. Albert Ryman Jr. adopts four children from his sister, two children he adopts from his nephew, and then has three biological children.

Wow, collecting children much? Nine children total children total who's the angelina jolie five of the children divest their assets they sell their stake in the company in the 90s i believe 97 so as of right now there are four children from this family who still hold stake in the company it's now called jab holding company well it was called jab long before that, wasn't it? Even before the Reimans were involved in it. Yes, but the holding company thing is different. It was called JAB, and then the German word for LLC is, I guess, G... GmbH? Yeah, GmbH.

So there are four heirs today. When we talk about the Reiman family today, there are four of them. There's Renet Reman-Haas. Renit Ryman-Haas is born 1951. Wolfgang Ryman is born 1952. Matthias Ryman-Andersen, born 1965. And Stefan Ryman-Andersen, born 1963. And these are the four heirs who currently have they have um i believe 90 of the shares of

jab holding company their net worth ranges from i think forbes has them about 3.7 billion us dollars each to i think financial times has them at like five ish billion dollars each all the way up to some people say 33 it's a private company so it just entirely depends what you value their assets i like that two of them have uh ryman hyphens in their names, which, you know, it was maternal side, but they wanted to keep the Ryman name. And I'm wondering how long now that that article's come out that that's going to stay in their names. You wanted to say something? Just to give you an idea of how this company is structured. So what they have stakes in is the overall parent company

of JAB Holding Company, SARL, which I guess is like LLC. And that's the parent to five wholly owned subsidiaries that are all based outside of Germany. They're in Luxembourg, Netherlands, and Austria. Yeah, my understanding is that JAB Holding Company moved to Luxembourg in 2012, partly to get around possible German inheritance tax laws. Oh, really?

Sure. Yeah, so it's like a tax avoidance thing that they're now based out of Luxembourg. That makes sense. Luxembourg is a tax haven to a lot of companies. Damn, I can't believe those people who became billionaires off slave labor would do something like that. Wait, wait. Are you saying that Luxembourg, a nation with more companies than residents, is a tax haven? That's what I'm strongly implying.

Well, I'm shocked. The other thing I want to mention is that if you look at Wolfgang Reimann's profile on Forbes.com, there's a little blurb in it that says all of the heirs are chemists. They all practice chemistry like their grandfather. You could say it's in their blood. Literally, yeah. But Sean, we were talking about how that's probably in a clause for them receiving the inheritance to go into the family practice.

So this is from a video I watched on Motley Fool. One of them just makes meth as a hobby. But yeah, when they turn 18, they have to again sign this con, to get their access to the family money, they have to say they're going to stay out of the public eye, maintain a kind of secretive low profile, which is why we have so little information on them.

But they also all have to- Do not hire a family historian. That would have been smart. But they also all have to be hire a family historian that would have been smart but they also all have to be trained chemists going back to the mid-19th century when this company was founded um and so i just wanted to kind of go through uh jb holding has a ton of fucking stakes in different companies but just as some of them they have crispy cream the controlling shares in crispy cream pet uh pret a monger pre-mange pre-mange pre-mange i've never known how to pronounce that yes by the way we're going to use the original french so pre-mange apparently all right uh curing the coffee makers which we'll

get to in a little bit they have they just bought big majority stake in Dr. Pepper Snapple, Panera, Pete's Coffee. They used to own Cartier, the luxury brand that controls Calvin Klein, among others. They now own about 38% after it IPO'd. They had a majority share in Jimmy Choo's luxury shoes, but they sold it. And you had some other, Steve. They own a lot of shit oh they had shitty starbucks

didn't they yeah they have several pete's coffee which is actually how the starbucks guys learned to brew was from the guy pete but right so that like jb holdings overall company has estimated net worth of between about 20 billion and and $30 billion. And then, in general, they have three different divisions of holdings. So, they have food, and then juice soda, and then coffee and tea. And so, within the food division is Krispy Kreme, which they acquired in 2016, and Panera Bread, which they acquired in 2017. Yeah, they bought these steaks. I thought they synthesized

the donuts. And we're like, alright, let's take this to the franchises. Krispy Kreme were naturally occurring and they actually just harvest them. Oh, and Keurig they acquired in 2015. So in like a three year

time period. I'm just imagining after World War II, they're at their like fucking mustard gas factory and they pull the lever and then suddenly donuts start coming out. We have to do civilian usages of this technology. In one side go undesirables and then out one side come Krispy Kreme. That's what happens when you cremate polish people is don't have that's the secret at holocaust three all sorts of fucking baked goods come out so in like in a space of three years they acquired tons and tons of these companies and actually mo Moody's was kind of warning them that they might downgrade the JAB debt

because of all of these acquisitions at seemingly huge premiums. I was reading a Motley Fool thing that said they're an average of 20% to 30% above the market price. And then so they're buying these companies and mainly taking them private and it was seen as sort of like a long like a long-term sort of a gamble and growth i guess interesting yeah right so and this what i want to talk about next is primarily albert ryman senior and albert ryman junior and i'll kind of go through the company history so it's interesting you have jab holdings which is what the family controls but then you have the chemical company it's it's now based in i believe london called wreckett uh ben kaiser uh this chemical company was created in 1999

but it's interesting like so if you go to the official history of Reckitt Benkiser online, you will learn that this chemical company was founded in 1823 and then nothing happened until 1956. If you go to the official website, you can learn all about 1823 and then from 1956 onwards.

I like that they had to add an 11-year buff. Right, right, right. They were still into Nazi shit in like 52, 53. Still making money off it somehow. What year were we clean? About 11 years later. So, Andy, you can help me with the pronunciation here. It just took so long to scrub the swastikas off all the walls.

So... It was part of the Berlin airlift. It was just more cleaning chemicals for them to take. We can't make enough chemicals to clean. That was the first commercial usage of their products, was removing all the swastikas from people's houses.

You're like, we know it works because we did it in our corporate headquarters. We're going to take a lot of art down. What can we use Zyklon B for now? We've got a whole bunch of it. All right, Andy, help me with the pronunciation here. Johann Adam Benkiser. Benkiser. Benkiser. So heiser. Benckiser.

So he was a German chemist. He lived from 1782 to 1851. In 1823, he founded a business specializing in industrial and consumer goods and chemicals. And it's just from Wikipedia. He initially made ammonia, hydrochloric acid, ammonium chloride. He was apparently also involved in phosphates and wine making as well. But Carl Ludwig Reimann is the grandfather of Albert Reimann Sr. And he joins the business in 1828.

Carl Ludwig Reimann joins the business 1828, marries Johann's daughter. Johann Ben Kaiser dies in 1851 and because ryman had married his daughter he takes over the business so essentially 1851 the ryman family takes over this business that this other chemist found because he marries his daughter and marries into the business what were they up to in 1848? Very little information. Fucking selling phosphates to the Imperial Army or whatever. I'll tell you what. Marx and Engels met them on the battlefield.

Yeah, they had some choice words about that fella, Karl Marx, that we'll get to. But so it's interesting where um these two people uh in 1858 they start uh this company and this is again called the johann a ben kaiser gmbh which is german for llc uh so that's the company name and in 1858 they start a factory based in ludwig's schaffin which is in in the border area with France that's called the Ruhr Valley. Ludwigshafen. Ludwigshafen.

And so an interesting thing happens in World War I. Again, like, there's very little information about this period, but here's what we do know. In Ludwigshafen, World War I... Separate the S and the H. Ludwigshafen. Ludwigshafen. Ludwigshafen. In Ludwigshafen, again, this is in the Rhineland, war one uh separate the s and the h ludwig hoffen ludwig's hoffen ludwig's hoffen in ludwig's hoffen again this is in the rhineland near the border with france this is the a major industrial area

in germany in both world war one and world war two so this area produces most of the poison gas used on the western front in world war one really so we don't know exactly how Ben Kaiser was making their money, but we do know they made a significant profit during World War I, and we can assume that they were involved in producing poison gas for use against the Western Allies. An interesting little historical fact, the first strategic bombing in history takes place on May 27, 1915, when French planes bomb BASF plants in Ludwigshafen, killing 12 people.

And they did this because, of course, they knew that this was a major manufacturer of poison gas. And essentially, BASF was a major German chemical company that would join with others to create what becomes IG Farben, which was not only the biggest company in Germany, but also one of the biggest companies in the world throughout the Nazi era and even before that. And so it's interesting where it's like again we don't have that much information but we can assume because they were working in ludwig schaffin and ig farben basf was the major chemical player there they were kind of a minor chemical player

it seems pretty clear that they were maybe a subcontractor for ib ig farben or you know like somebody a little lower down in the supply chain that worked with them to produce for whatever the Nazi government needed. And I guess we can just kind of go through Albert Sr. and Albert Jr. Because Albert Sr. is the grandson of this guy who married into the chemical factory. Right. And so they make a lot of money in World War I. I believe he takes over the company by the 1930s, if not before. And he was, both of them were avid Nazis.

Oh, you don't say. Albert Sr. and Albert Jr. That's fun. Yeah. So they donated money to the SS in 1931. This is two years before Hitler came to power. Both Albert Sr. and Albert Jr. joined the Nazi party in 1931. And he wrote, Albert Sr., I believe, wrote a letter to Heinrich Himmler.

Yeah. So in July 1937, Albert, no, Albert Ryman Jr. wrote a letter to Heinrich Himmler, leader of the SS. He said this, quote, we are a purely Aryan family business that is over 100 years old. The owners are unconditional followers of the race theory. I'll turn that down.'s gonna be good but so he writes this letter about how they're like followers of the race theory and then in 1941 in night all right in 1941 this is just from the new york times article on this the company was deemed, quote, a crucial firm in the war because it produced items for the Wehrmacht and the armaments industry. And it's interesting where essentially

throughout this time, throughout this time, Ludwig Schaffen, it's heavily involved in synthetic oil. Essentially, they're trying to turn coal into oil. They had some success there. Turning coal into oil, turning coal into rubber. I think it's called the Harman-Bosch process or something.

But I guess, and so this industrial center of the Ruhr Valley where they are, it's, I believe Ludwig Schaffen during World War II is bombed 121 times by the Allies. Wow. 56 of those times hit the major IG Farben plant there. There were two major IG Farben plants there. 56 of the times? Yeah. I mean, that was like how carpet bombing worked in World War II.

You're right, right, right. So there were two major IG Farben plants there. And also didn't work in all the other times they bombed them. And then by the end of December 1944, the IG Farben plants were completely inoperational because they'd just been bombed so frequently every goddamn week. You know, at target number 38, we got them, but we wanted to do the extra 12 because we figured why not.

But so I guess... It's almost like a comedy where you're like, all right, we got the company up and running again, and then a bomb comes down. So this miner... So what happens, particularly in 1942, in March 1942, a guy named Fritz Sackler, Sackle, takes over as essentially

General Plenipotentiary for Labor Deployment. Okay, that's English. Colonel. Colonel. He's got to do this, Sean. A Feldmarschum. So this guy, he would be hanged at Nuremberg for war crimes, but he takes over. Yeah, he takes be hanged at Nuremberg for war crimes, but he takes over.

Yeah, he takes over essentially labor in Nazi Germany in March 1942. And what they immediately start doing is because of the war. Implementing a socialist program. Because of the war and all of the casualties on the Eastern Front, the German army was losing like 40,000 killed a month on the Eastern Front. Oh. They have a severe labor shortage. And initially, they're like putting out posters and trying to get Poles and people in the Ukraine

to voluntarily come to the German Reich to work. But a problem comes because the Nazis are extremely racist. And they treat these people as if they were subhuman. So an interesting thing happens where rumors filter back eastward and the voluntary stream of workers immediately stops. Yeah, that sounds about right. In March 1942, again, this guy Fritz Sockle takes over as a chief of labor deployment. And they start essentially press-ganging labor, Fritz Sockle takes over as a chief of labor deployment. Sockle.

And they start essentially press-ganging labor, where they go into Poland, the Ukraine, various Soviet countries, and they essentially say, they point at civilians and say, okay, you're deported back to Germany to be a forced worker now. Those are like border patrol agents. Got it. forced worker now and um sort of like border patrol agents got it so uh fritz writes a letter to alfred rosenberg on uh april 1942 he says all the men uh these are prisoners of war and foreign civilian workers must be fed sheltered and treated in such a way as to exploit them to the highest

possible extent at the lowest conceivable degree of expenditure and so this is essentially they want to feed them enough to keep them alive but and working but nothing else right but even that didn't happen because what happens is essentially he pulls i believe seven million workers over just a two year period yeah so i know over five million workers because there were they already at this point had you know french and other POWs working, but he starts press ganging all these civilians, and he brings 5 million slave workers to Germany between 1942 and 1944. And just because thousands of new workers every day were arriving in Germany, it was, even if they wanted to, which of course they didn't,

it was impossible to really provide them with adequate housing or rations. You keep saying slave workers. It's just slaves, right? It's not indentured servitude. It's slaves. I was just reading a table from that book, and it said that the SS or the Wehrmacht

paid a rental fee basically to bring right oh really well yeah it was interesting like essentially companies that got this slave labor including ig farben and the reimann's company they would pay the ss like i think it's like three reichsmark per day or whatever companies i thought this was a socialist organization but they're they're paying the companies they're not paying right right paying the slaves well the companies are actually paying paying right not paying the slaves well the companies are actually paying the ss or the government i believe the way it worked was the government of nazi germany would enslave these people and then the companies ig farben or whoever

would pay the government say three reichsmark a day or four reichsmark for a skilled skilled worker or whatever it may be well i'm glad that we as a society have moved away from companies paying a government for imprisoned slave laborers. Yeah, that definitely never happens. Yeah. But you know the Nazis were socialists because they capped profits at like 5%. So everything more than that went back to the government.

But so just like, this is from the again the book the wages of destruction i just wanted to do one more illustrative thing before we talk a little bit more about the ryman family and then we kind of move on to the the present but so what a gift as we mentioned you know thousands tens of thousands of people were arriving every month you know these workers or sorry per day thousands were arriving per month, these workers. Sorry, per day. Thousands were arriving per day. And because of these conditions, it's one of the weirder things. In December of 1942, a commission of inquiry goes and visits the Ruhr, which is, again, near where the Reimann's factory is located. Wait, where'd they go?

The Ruhr Valley. Where? The Ruhr Valley. Where'd they go? Shut up. they go the rur valley where the rur valley where they go shut up uh and again these are uh nazi bureaucrats who are familiar with the holocaust in the east and uh they go and visit essentially the uh the the camps that these eastern laborers are being kept in um in the in the were, and they write this report. Were now?

Quoting from the book, as just one example, they singled out the camp operated by a member of the Vistag Trust, which was, I believe, involved in the railroads, where they witnessed, quote, a picture of desolation and immiseration which would never be extinguished and again these

are nazi bureaucrats visiting this camp the eastern workers in the rural were kept in are we the baddies and writing a report about a picture of desolation and his immiseration that would never be extinguished and um again from the book well you know they're wrong about the second part. So maybe they're not so right about the first part. But so it's interesting. That's called logic. Where essentially the Ryman family, they used French POWs as slave labor. And like everything with the Nazis, there's like a racial hierarchy.

So Western POWs tended to, they were still made to be slave labor, but they were generally treated under the Geneva Convention, you know? But lower and lower. They got to keep their brains. The version of the Geneva Convention where they get to have slaves. It's weird. I read apparently the Geneva Convention, you can, at least at the time,

you could make people do forced work, POWs, but you couldn't make them build armaments. But the Germans still made them build armaments, but they like actually fed them and stuff. But, uh, you know, besides of course, uh, Jews during the Holocaust, we were just, you know, straight up exterminated or worked to death. Geneva plus. Yeah. Uh, the only rung above them, the, the second lowest rung was workers from the East. So, you know, uh, the Reimanns had workers from the east so you know the rymans had workers from the east and they had french pows and french pows were still in you know terrible conditions

but it was really nothing compared to the workers from the east and i just wanted to do one other quote from this book here uh by autumn 1942 uh given the conditions in the camps of the workers in the east uh tens of thousands of half-dead um osterbeter which i believe is german for east eastern worker yes osterbiter osterbiter but i i like osterbeter that's what i do when i read about the holocaust so uh elite osterbeter unit yeah from the wages of destruction episode it's just sean ostervating it's like look i'm sorry i know i'm the one who talks the most but this is the holocaust episode no this is your baby this is this is my my time to shine so given the conditions in these worker

camps tens of thousands of half-dead uh uh eastern workers had to be shipped back eastwards in autumn of 1942 under nightmarish conditions in september one transport was described in apocalyptic terms quote there were dead passengers on the returning train women on that train gave birth to children that were tossed from open windows during the bill windows during the journey, while people sick with tuberculosis and venereal disease rode in the same coach. The dying lay in freight cars. Venereal disease.

The dying lay in freight cars without straw, and one of the dead was thrown onto the embankment. And then there are all these reports from this time of essentially seeing Eastern workers thrown out of train cars dead because they were kept in such terrible conditions and um and then like the other thing and again and they weren't paid for their lunch break it's just kind of they never got to watch the office think about that ladies and gentlemen it's like you can listen to our Walton episode where we talk about how we cheat at minimum wage laws and exploit at labor. And then you get to our Nazi episode

and you learn what labor practices can really be like. Yeah, so cheer the fuck up and maybe stop asking your ping pong table office to unionize because... do you think those guys had ping pong tables that's true you think they had free coca-cola this is the episode that says working conditions in America are just fine thank you I mean

so far this sounds a lot like the Klobuchar offices that the the the inmates were forced to shave the legs of the ss officers rumor has it it's funny because like two weeks ago we went to see uh that apollo 11 movie and at the end of it the astronauts are like you know we especially want to thank everyone who worked so hard to make this happen and it's like wow ver Wernher von Braun really turned around how he feels about the people who make his rockets. And let's see,

like the U2 famously killed more workers than targets. The Nazis ballistic missile that Wernher von Braun, who also put Americans on the moon was in charge of. But I wonder. The V2. The V2. Yeah. But U2 also did kill more workers.

They really work on the edge all those people killed themselves after that shit was put on their ipod without permission this is not my music uh but so one more thing about the eastern workers uh just straight up from wikipedia uh by 1944 uh most of the new workers were very young uh under the age of 16 um 30 percent were as young as 12 to 14 years old when they were taken from their homes in forced slavery the age limit was dropped to 10 in november 1943 so germany was stealing children and the other thing is uh women were often uh forced into brothels and sex slavery within germany um but one other thing because about half of the adolescents were females uh eastern workers were often the victims of rape and tens

of thousands of pregnancies due to rape occurred and this is relevant because the ryman family uh senior and junior not only had uh female Eastern workers on their chemical factory, they also had female Eastern workers at their personal residence. And so essentially what we know from what has leaked out of this little preliminary report is that it's unusual. I'm just quoting from The New York Times here. The Ryman case stands out because they're quoting an expert. It was very common for companies to use forced laborers, but it was not common for a company boss to be in direct and physical contact with those forced laborers. So senior and junior most likely raped their help. But Sean, they're giving $11 million to a charity that no one knows yet.

Less than 0.01% of their net worth to make up for all of this. I mean, that's got to count for something. No, it doesn't. There were reports of like, kind of vague reports of some of the um being sexually assaulted right um at the uh ryman yeah so just from the new york times which is like a summary of the build article of female workers no more detail on a lot of stuff actually oh interesting yeah it does or does not it does so female workers were from eastern europe these These East workers we just mentioned, they were forced to stand at attention naked in the factory barracks at the chemical company. Those who refused were sexually abused.

Workers were kicked and beaten, among them one Russian woman who cleaned the Reimann's private villa. So they at least, Albert Reimann Jr. and Sr. at least physically abused these workers personally, if not raped them, which, I mean, we'll see. Do you think they're going to up the amount of money once the book comes out? Yes. Like 11, we made $111, you know what I mean? It's going to be a reverse auction. Because the sad reality is that even finding all the information we currently have took an extra level of needle and a haystack Googling.

Right, because they've stayed out of the public eye. Sean showed me that you can't even look up the faces of these people. It's very difficult to find who's who and shit. years if they give enough money people will look at these people like philanthropic heroes and not the fucking uh benefiters of rapists and assaultists that were linked to the nazis yeah well i'm sure that that these uh ryan and uh senior and junior uh were they faced consequences for their action is that that right, Sean? Yes. So at the end of the war, the Reimanns were investigated by the Allied occupying powers. Of course, the Ruhr was run

by the French provisional authorities, and the French provisional authorities wanted to bar them from continuing business activities, but the Americans overruled the judgment. Because they also had a business in Heidelberg, which was under the american provisional authority and we don't know exactly why but if i were to hazard a guess i

would say it's paperclip related well in in the american so i guess in the french provisional authority the french uh weren't too sympathetic about the uh the reinens but then we they kind of uh squeaked over to heidelberg and said to the Americans, oh, my gosh, these Nazis, we didn't like them at all. They made us do the workers thing. In fact, we were part of the resistance. Like, they actually claimed to be part, like, have involvement in the resistance

against the Nazis. Yeah, and the Americans were like, yeah, okay. Sure. That's whatever. They made us eat scones, and we like croissants. Man, that adds up, alright, good enough But so By 1943 Again, from New York Daily News

By 1943, 175 workers Or around 30% of the workforce For the Ryman factory 30% of the workforce were Slave laborers And this is also Interestingly enough, Albert Reimann, I believe senior,

was chairman of the Chamber of Commerce and Industry in Germany from 1937 to 1941. This was a business association. And they, of course, paid into the forced labor fund, which we mentioned. They paid the government whatever, maybe three or four Reichsmarks a day. They had grossly gendered and

racist like amounts that they would pay for each type of labor like they would pay less for women yeah oh yeah yeah like half of like 40 to 50 percent of like not even the nazis can deal with the wage gap yeah even though even though these weren't actually wages. I will say that's probably the most offensive part of this. How dare they be sexist among everything. I got to the end of this Nazi book and I was like, well, it sounded like socialism, but they didn't solve the wage gap. The slave cost gap. And then Tom was like, all right, I'm all in for socialism. But I mean, it was extremely barbaric uh obviously

and you know these people were given starvation wages or starvation rations they were kept in these camps um they were you know these worker camps uh anyone from the east had to wear these badges that said all st on it so they knew they're from the east um they couldn't interact with any germans if if you had any sort of sexual relation with a German, if you're a man from the East, you'll be shot, and then the German will be imprisoned. The Gestapo went on different campaigns to give out leaflets because it was like an interesting irony

is essentially they created this giant foreign workforce within their racial paradise. So the Gestapo went on all these different campaigns handing out leaflets saying don't talk to, don't breed with the easterners because of their blood but of course you know the women were many of them conscripted and forced into sexual slavery for uh brothels for the ss men and for uh the soldiers of the wehrmacht um wow yeah so they literally treated these slaves like livestock like yes don't fucking interact with them like they're people they're literally our property not to take away from the

gravity of what you're saying but in german you pronounce uh you're supposed to pronounce w's like these so it's vermont the vermont anyway i thought that was worth mentioning in the middle of this rape saga. Can we get back to the Reimans, please? Senior dies in 1954. Junior dies in 1984. But after the war, as we mentioned, the French wanted to ban them, but the Americans overruled

them. And after the war, they move away from industrial chemicals and the various synthetic stuff they were doing for the German army. The Wehrmacht, the various synthetic stuff, they move into household chemicals. And this is where the official website picks up. In 1956, they diversify into consumer goods and industrial cleaning products. They launch a Calgon water softener is

apparently popular they uh launch a dishwashing detergent in 1964 you guys ever have hard water a fabric softener i like my water chunky yeah i don't know about you a fabric softener in 1966 and then this kind of keeps going they they have like a big boom in consumer products after the war. And then in 1999... Is it a horizontal move to go from water softeners to fabric softeners? Or are those two separate sciences? In 1999, the chemical company merges with...

Because fabric and water are very different materials. Merges with a London-based company to become what's today known as Rekert Benkiser, which is today the world's number one household cleaning conglomerate. They're most known for the product Lysol. They're the ones who sell Lysol. Oh, dear. And JAB Holding Company at this point still owns about 7.8% of this new conglomerate. But JAB Holding Company moves away from the actual chemical company.

But they still have this 7-8% holding. I mean, water softening is making hard water soft. So the fabric softener wouldn't be that different. Because hard water is water it doesn't clean you as well like it what what is water softener water has different levels of degrees of quality and there's hard water and soft water and like hard water it's like pure like purity if you've ever showered with it it like leaves your hair feeling like like clopped up together and stuff like it it's more viscous almost kaiser water softener

always comes out smooth i'm just imagining the bottle for like a post-war german uh laundry detergent and it's got like a picture of a german guy beating an eastern worker for fucking up the clothing no stains just fucking wailing on her with a cane like i know we're running bits about water right now, but there is a huge difference between hard and soft water. I'm very concerned about water quality for the future. I've been using hard water my whole life, I guess. What I'm wondering is,

what designer they hired to make that, Sean? Hugo Boss. This kind of gives you an idea. Again, whenever this book on the Ryman family comes out, we'll, we'll know more about what exactly they were doing for the Vermont. What's it out? We don't know.

They said that they will publicly release it when it comes out, but we will see. But yeah, it will probably be something where they'll like, it's blocked off a couple of months. They'll calculate how many sales it gets and then they'll base their donation on that right right just how many people are fucking aware of this shit two through 80 are going to be redacted so wait they're making money off of their own uh family nazi ties investigation i assume they'll

donate the proceeds the uh the university of munich uh historian is looking into this but you know so we don't know exactly what they were doing, but based on, you know, the IG Farben plant nearby, it's likely that they were doing the same kind of synthetic rubber, synthetic oil, but also, what is it, nitrogen for the fertilizer, for the explosives, you know, they were likely involved. Because they were declared, you know, essential for the Wehrmacht in 1941. They were probably supplying explosives for the military as well.

So, you know, this is how they kind of made their money and they had their capital established. And even if it was bombed to pieces by the Allies, they were allowed to set up and keep, you know, most of their assets and ownership structures. And then they diversified into consumer goods and then they built their fortune from there and um and i guess we can just kind of with the time we have left talk about the brands that jab holding company has has invested in because the four heirs we mentioned they're not involved in day-to-day business but they just kind of like let i think what did you say steve two people run the jab holdings? Yeah, so there's two general managers, and one of them, Olivier Goudet, I think. Andy?

He's a Frenchman. He was the former chairman of InBev for a while. He resigned due to a conflict of interest between that and one of their other holdings. And the other guy is... A German could not be associated with beer that bad. Peter Harf. He's a German. He's educated at... He got a master's business degree from Harvard.

And then he and Oliver are currently managing all of JAB Holdings and they're instrumental in the latest round of acquisitions which is for the history of the company very large so like they they've rounded up the stakes in like we like we've, Krispy Kreme, Keurig, Panera Bread, a bunch of regional coffee powerhouses, like Pizza Coffee, Green Mountain, Cokey. I do like the same logic that makes you think, yeah, the Nazis are going to win the war. Makes you think, yeah, Keurig is a good investment in 2015. You know, when it's peaked and everybody's just starting to realize this shit is terrible. Yeah. One of their latest acquisitions is a, it's like a string of veterinary hospitals in the US.

Oh, really? Yeah. I mean, everything they got money in is really stuff that I know as shit only white people use. Vets, Krispy Kreme, yeah, Keurigs. I'm not saying black and brown people don't use this stuff. I'm just saying that I don't see that nearly as often as a veterinary's office filled with Sarah, Samantha, and Hannah's, if you know what I mean. Great take from the guy who has by far the most expensive coffee maker

of everyone in Grubster. That's why we wanted Yogi to talk shit on curing on this episode because they made this big investment in 2015 and then everybody

realized oh curing is fucking terrible you can't change Keurigs are fucking bullshit they make subpar coffee and the reality is

if you like them in the future you might have a coffee shop and they only have Keurigs in it because fucking fuck you and your

bullshit taste well actually I mean the dirty truth about Keurig's in it because fucking fuck you and your bullshit taste. Well, actually, I mean, the dirty truth about Keurig's is no one likes them, but offices get them because they're a corporate entity. You don't have to make the coffee in the morning. No one really likes Otis

elevators. They want this. So this is like the Otis of the consumer staples sort of coffee market. It's like instead of having to buy vanilla cream for someone to put in the fridge and refresh every week for this one person in the office, you just have the vanilla cream coffee bullshit packet that they put in and press a button. Right. And then it's disgusting, but you save like 30 bucks a year i mean so like the reality is is we all know that these cups are not as biodegradable as the company claims because

it's plastic and aluminum and uh a filter paper that are the items and because they're a mix of materials they're not like completely recyclable just on their own. What if they buy a landfill in eastern Poland? Some of their other well-known non-food soda coffee holdings are Mucinex and Durex condoms. Right. Together. They have a value pack where they sell them together. When you're sick and you want to fuck, Mucinex and Durex.

The K-Cups are nitrogen flushed sealants. So I think that when it comes to the chemical part of this, that's where they were. I have the mental image of the Mucinex guy trying to put on a Durex. Voiced by T.J. Miller. He's inside of your body. He's about to fuck some other piece of snot.

Now I'm just imagining the Mucinex guy as a foreman in Auschwitz III with the little hat and everything. So I read a few articles about the Keurig. Mucinex guy is like, I mean, it comes off, but I've got to be brand loyal. I read a few articles about Keurigs.

One's on Mother Jones and one's on CoffeeDetective.com. And both of them, basically, they asked the Keurig company about BPA, and the Keurig company says that the water area or the cups don't contain any BPA, which is what a company would say to those claims. But this article on CoffeeDetective.com, the comments go back to 2009. So it must have come out late 2008 or something. And they go till 2018. And literally 75% of the comments are people being like, I drink Keurig and I started getting headaches and nausea and fatigue.

And then I stopped drinking Keurig and then that didn't happen. And then one commenter was like, I think these people are just drinking too much coffee. Even though I will say the flavored ones do give me headaches so like they're admitting that they're putting poison into their body but they're not admitting that it's from the Keurig itself but i mean you know you want to talk about a company that's not taking responsibility for what they're causing society there's 10 years of comments of people being like this coffee makes me feel bad and Keurig is like I mean we're BPA free so we're good right um and outside of just the green implications of the K cups uh mind you K's are all around when it comes to this company if you know what I mean um it's just shitty your coffee I mean Andy's right that it's a convenience

factor but man when you compromise um in quality for convenience you're only going to be left with the worst and worst things in the long run I mean that's again it's not personal convenience it's a line item in the in the office it's personal if it's if it's what you're using andy what i'm saying is though it's it's not you don't have it in your house usually some people a lot of people have it at the house yeah and that's on them um instant coffee yeah that's I mean, that's indefensible. Good, let's get it up. You know how the IG Farben plant near Auschwitz III is still operational? Uh-huh.

You think they have a Keurig there? They have two? Just want to hit the break room for some irony. They have like an espresso machine because they're like, we wouldn't do that to our workers. If you look online of Panera racist and sexist, there are way more articles than you'd think.

One was some lady got a receipt back and on the receipt it said, it was a black lady that was a customer and the receipt said, add watermelon for this bitch. The Panera has had a history of... What if this is how JAB Holdings makes their investment decisions? They just look for the most racist companies.

They have a history of sexism and racism where they will only hire attractive women and keep black employees in the back of the kitchen and not as cashiers. In Panera? In Panera, yeah. keep black employees in the back of the kitchen and not as cashiers in panera at panera yeah and um this is incidental but an fbi tracked like a alt-right troll online and they were tracked at a panera and listen any place where a troll like that feels comfortable is suspect to racism and sexism and bigotry so uh panera sucks living at the panera or were they they were using their ip address the wi-fi at panera to do all their posting. Oh, so they were like munching on their sandwich.

Yeah, they were like. And being like. They're like, this flavorless panini is so good. Fuck the Jews. That's what they were doing every day. And the FBI was like, maybe we should go to this Panera where this IP address is from. Figure out if it's an employee or a customer. Then it turns out it was the touchscreen.

Came self-aware and racist. Well, when your food doesn't have flavor, you think brown people aren't necessary. But so, and then Pret-a-Manger, how the fuck do you pronounce this? Pre-a-manger? You're on your own. Pre-a-manger.

That was actually founded by a Jewish businessman, and then it was, of course, bought by the JAB group and then the Daily Mail revealed their Nazi forced labor ties and Jeffrey Hyman was the founder he passed away before he was lost he

passed away and his sister gave a quote to the Daily Mail saying quote it's a sad day Jeffrey would have been upset I'm horrified. Sure. That of course, you know, like, and of course, JB's also involved in like Einstein Bros bagels. Right. After making Einstein flee the fucking

country. And all sorts of other weird ironies about like this. It means they've come around. This family with all this Nazi capital has got into all these Jewish traditionally businesses. After failing to make bagels with pure Aryan class mechanics,

they realized maybe we should incorporate these degenerate new scientific ideas into our bagel making. Heisenberg was like, I was actually secretly trying to hold back German bagel making. You find the guy who

lived through the nazi period he's like the worst deprivation was when you wanted to get a good bag real cratering after 1933 um but so i guess i know we've gone a little long here, but just to kind of close out, we'll see what the four Reimanns, the billionaires, we'll see what actually comes out about them whenever this book is published. The four horsemen of the apocalypse go on. But I think we'll return to this subject when we deal with kind of other German hereditary billionaires, because, you know, in addition to IG Farben having a factory near Auschwitz III, Siemens and Krupp also had factories near Auschwitz III. And this is like life expectancy there was three to four months, like one month if you were working in the mines. And just one story that I want to tell you is that IG Farben,

two executives were touring their plant near Auschwitz III, two IG Farben executives with their SS companions. One of the IG Farben executives points at one of the slave Jewish workers and says, quote, this Jewish swine could work a little faster. He walks away, and then the SS beats him to death. And IG Farben executives, there was an IG Farben trial. They got like one to eight years in prison, those who were convicted. These people should have been hanged.

But of course, you know, that's the way the Western German government and the Allied and American occupying powers worked was it was like, hey, slap on the wrist sentences. We got to get everybody back together because of Eastern communism. And this is the information we know. Right. And so the one other thing we didn't get to i think it has to do with like you know we need people who uh know how to hold like places of management and kind of keep down keep the working class just kind of yeah yeah you're not wrong yeah this is reality and um the the one other thing

with the ryman family that we we only the vague thing that, according to this initial report, they hired and kept a very cruel foreman at their chemical factory. So you can imagine anyone who wasn't working hard enough was just— Wait, are you telling me there was a cruel foreman at Auschwitz III? No, I'm talking about the one in the Ruhr Valley. Oh, wait, where? Yeah, the Rur Valley. Oh, wait, where? Yeah, the Rur Valley. But the point is, you know, these Eastern workers were given starvation rations, and the SS even looked at that, and they said, like,

let's, you know, beat the shit out of them so they'll work harder, and then they even determined, oh, they're just not working hard enough because they're starving to death. Yeah. So, you know, you can only imagine what exactly went on. They don't need motivation they need nutrition how many people were just worked to death literally to death to make the Reimann family billionaires how many people were raped killed enslaved and and all these people you know

if they didn't die during the war uh they barely received any recompensation the German government finally got around to that in the year like. They paid out a little bit of money to survivors. Incidentally, $11 million. But yes, we will see. Yeah, but where else can you get a bagel with sprinkles on it? Or a donut with sprinkles?

But congratulations to Renette Reimann-Haas, Wolfgang Reimann, Matthias Reimann-Andersen, Steven Reimann-Andersen, who will each be donating a couple million of their four to five billion fortune to a

to-be-determined charity to make up for how they got their capital and why they get to live on the top of the societal pyramid today. All right.

Anything else we didn't get to on the Rhymans? We got this drop. And with that, this has been Grubstakers. I'm Yogi Paliwal. Steve Jeffers. I'm Sean McCarthy. And also... And I'm Andy Palmer, original Ostler.

Later. All right, bye. Someone do an intro right now. Bye. Bye. Bye. Bye. Bye.

Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye.

Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye.

Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye.

Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye.

Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye.

Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Bye. News for Tuesday, March 26, 2019. Over the years, I love eating Krispy Kreme Donuts, but I'm very shocked and sad that the ancestors of the current owners of Krispy Kreme Donuts and Panera Bread have admitted to the ties to the dreadful Nazis. This is very sickening and sad.

And the wars of Marvin Gaye, the late, great Marvin Gaye, was going on. The 2010s have been my horrible decade, and I can't wait for this damn decade to end for good. I don't like bigotry. I don't like hate. I don't like white supremacy. I don't like racismotry. I don't like hate. I don't like white supremacy. I don't like racism. I condemn them. The world is supposed to be about diversity, so is the United States of America. that the current owners, the ancestors of the current owners, have ties to the Nazis.

Please boycott Krispy Kreme donuts and boycott Panera Bread. This is a PR nightmare, a public relations nightmare that won't go away anytime soon. I'm sorry. To be the bearer of bad news, please don't shoot the message. What's your reactions? I'm sorry to be the bearer of bad news. Please don't shoot the message. What's your reactions? I'm Spencer Carter. Oh, you haven't been listening to Allied propaganda. Of course they're going to say we're the bad guys. But they didn't get to design our uniforms. And their symbols are all, you know, quite nice.

Stars, stripes, lions, sickles. What's so good about a sickle? Well, nothing. And obviously, if there's one thing we've learned in the last thousand miles of retreat, it's that Russian agriculture is in dire need of mechanisation. Are we the baddies?