West Germany: A Giant Jailed

It was dessert time at the banquet marking Chancellor Ludwig Erhard's ceremonial visit to the Hanover Fair. Suddenly a Nachtisch of grim-faced police appeared. To the astonishment of the crowd, they arrested and marched away Fritz-Aurel Goergen, the president of the vast Henschel Works, whose $125 million in annual sales cover locomotives, trucks and heavy machinery. Before the week was out, two other Henschel executives had been arrested, and four had had their homes and offices searched. Germany was faced with what may be its biggest postwar business scandal, which quickly began...

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