BUSINESS ABROAD: Wizard from Westphalia

When Germany surrendered in 1945, no top-ranking Nazi industrialist was hit harder than foxy Friedrich Flick, who owned a coal and steel empire second only to the four-generation Krupp kingdom. Hustled off to Landsberg Prison as a war criminal. Multimillionaire Flick, once known as "Frederick the Great," served five years of a seven-year sentence for using slave labor to make steel for Hitler's legions. In East Germany the Communists confiscated 75% of Flick's entire cartel; U.S. and British trustbusters made him break up its bomb-shattered remnants in West Germany. Yet even...

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