Word: holocaustal
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...will work with Senator D'Amato on legislation on this matter." Moving fast, the President ordered Secretary Eizenstat to investigate the U.S. archives. With the ammunition Singer and D'Amato had dug out of the Safehaven trove, emotional Senate hearings in April and again last October matched testimony from Holocaust survivors with hard evidence of Swiss service to the Reich...
...Swiss banks mounted a weak defense. In May they agreed to set up a commission to examine Jewish accounts, headed by American banker Volcker, then said the investigation would take five years. "Holocaust survivors can't wait five years," snapped D'Amato. By early February, New York lawmakers proposed kicking Swiss banks out of the state if they failed to open their banks to local auditors searching for Jewish accounts. New York's Governor warned that Swiss banks could lose their operating licenses, and the state comptroller halted overnight deposits in Swiss banks. New York's city council threatened...
...supposed to be parceled out to the remaining nations that claim it. Bronfman advised Clinton to suspend any action until the three Allies decide whether this gold--symbolically at least--was melted down from private Jewish assets rather than national treasuries and should be given to Holocaust victims...
When the Big Three Swiss banks finally announced the Holocaust Memorial Fund on Feb. 5, reaction in the U.S. was tepid. "It's an important step," said D'Amato, "but nowhere near enough." Singer cautiously praised the decision as "a new sign of entente cordiale," but the World Jewish Congress considers the amount far too low. D'Amato was outraged that the Swiss wanted to manage the assets. "Why do you think the Swiss came forward," he said, "because of the generosity of their heart and spirit, or because they realize there could be damaging consequences if they continue their...
Swiss banks have been following orders for the past 50 years. And for most of that time, one standing order has been to stall and stonewall when Holocaust survivors ask about their dead relatives' accounts. Passbook, please; death certificate, please; that's the law; those are the orders...