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Company With Nazi Ties Seeks Stadium Naming Rights

By Associated Press | September 12, 2008

The Giants and Jets are considering awarding naming rights for their new stadium to a German company that once had ties to the Nazis. Officials from German-based Allianz — one of the world's largest insurance firms — said that they've atoned for past history and should not be judged by the company's World War II record. Allianz once insured Nazi death camps and refused to pay life insurance claims to its Jewish clients — instead granting the proceeds to the Nazis. The naming rights negotiations between Allianz and the Giants and Jets were first reported by the New York Times.