and harry dexter white said, you know, fighting the germans while he's doing business with them which is absolutely true. by the end of the war, the bis accepted a substantial amount of nazi gold and did at love foreign exchange deals with the bank. it was a thoroughly comprised institution. but getting comprised with the bank of england and treasury and everybody else. and britain -- there was a lot of pressure to shut the bank down. we don't want this institution anymore. what ended up happening is the resolution past saying the bank should be shut down at the earlier possible moment. when was that? no date was set. the bank survived. one of the bis is brilliant of doing, it has been since it was born in the 1930 reinventing itself. after the war, there was a sense, there's an argument for this. you have to get the global economy up and running. we have to start making and selling thing. countries have to start trading. we need somewhere to be the to call focal point of this. t only a year old or whatever and the world bank. the bis is there's. it has a lot of experience. they have

harry dexter white said out boys are fighting the germans will mckittrick is doing business with them which is absolutely true. so toward the end of the war the b.s. accepted a substantial amount of not see gold. thoroughly compromised institution. again, compromised with the full knowledge of the state department by giving them treasury and everybody else. so there was a lot of pressure to shut the bank down. send it we will build a new global economic system to run a global economy after the war. we don't want this tainted institution in the war. but what ended up happening was that a resolution was passed saying the bank should be shut down at the earliest possible moment. when is that? no date was set paris of the banks survived. one of the things that they're brilliant at doing and has been since its inception in 1930's, reinventing itself. after the war there was a sense and an argument for this, we have to get the global economy up and running, start making things, selling things. the country has to start trading we need somewhere to be the focal point. the imf has been set up,

and harry dexter white said, you know, our boys are fighting the germans while mckitrick is doing business with them which is absolutely true. so towards the end of the war, the bis also accepted a substantial amount of nazi gold and did a lot of foreign be exchange deals for the rice bank, so it was a fairly compromised institution but, again, compromised with the full knowledge of the state department, bank of england, the treasury and everybody else. so there was a lot of pressure to shut the bank down. they're saying we're going to build a new global economic system to run the global economy after the war. we don't want this tainted institution anymore. but they, what ended up happening was that a resolution was passed saying the bank should be shut down at the earliest possible moment. but when's that? no date was set. so the bank survived. and one of the things the bis is brilliant at doing and has been since it's been born in the 1930s is reinventing itself. so after the war there was the sense -- and there's an argument for this. look, we've got to get the global economy up and run