X-Nico

6 unusual facts about ITT Corporation


ITT Technical Institute

From 1965 until its IPO in 1994, ITT Tech was a wholly owned subsidiary of ITT Corporation (as "ITT/ESI").

Kurt Baron von Schröder

Schroeder acted as a conduit for I.T.T. money funneled to Heinrich Himmler's SS organization in 1944, while World War II was in progress and the United States was at war with Germany.

Taksim Square massacre

The Hotel International, from which the shots were fired, belonged to ITT Corporation, which had already been involved in financing the September 11, 1973 coup against Salvador Allende in Chile and was on good terms with the CIA.

World Council of Indigenous Peoples

Corporations which the WCIP lists as particularly damaging are: Amax, Alcan, Coca Cola, United Fruit, Volkswagen, Sonya, Rio Tinto Zinc, ITT, Mitsubishi, Noranda and BP.

Xylem Inc.

On October 31, 2011, Xylem Inc. completed its spinoff from ITT Corporation, and became a leading brand of water solution products, with 2011 revenues of $3.8 billion.

On January 12, 2011, ITT Corporation announced its plan to separate the company into three, stand-alone, publicly traded, and independent companies.


1993–94 New York Knicks season

This marked the last season in which the Knicks (and all other MSG properties) were owned by Paramount Communications (formerly Gulf+Western), which was sold near the end of the season to Viacom, which in turn sold them to ITT Corporation and Cablevision.

Charles Thomas Ireland, Jr.

Educated at Bowdoin College and then Yale Law School, Ireland had worked at the ITT Corporation before he was appointed CBS president in 1971, making him third in power to Frank Stanton and William S. Paley.

Marvin R. Sambur

Sambur worked at Bell Labs until 1977, when he joined ITT Defense Communications in Nutley, New Jersey, as senior vice president.


see also