Word: swiss
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Dates: during 1990-1999
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...They can't bring those people back," he says, "but they can at least give back to my mother, in her 80s, her wealth, her history and her standing." Singer asked his boss at the World Jewish Congress in New York for permission to begin an investigation of the Swiss accounts and got the go-ahead...
What turned this courtly, resolute advocate into the point man for reclaiming Jewish assets from Switzerland was a chair--or, more precisely, the lack of a chair. On Sept. 12, 1995, Bronfman went with Singer to a meeting in Bern. They wanted to ask the Swiss Bankers Association to investigate the dormant accounts of Holocaust victims. Without offering their visitors a seat, the bankers began to dictate their terms. They proposed turning over $32 million discovered in 774 Jewish accounts since the war and suggested that that would close the matter for good. "I don't think it occurred...
...down in the polls back home, under fire for his partisan assaults on President Clinton's ethics, desperate for an issue that would refurbish his image. Bronfman brought him a heaven-sent gift certain to appeal to his large bloc of Jewish voters. When Bronfman told him about the Swiss banks' stalling, D'Amato offered public hearings by his Senate banking committee. With the in-your-face D'Amato aboard, the war was about to begin in earnest...
...weeks ago, the Swiss capitulated. A little. First the major banks announced they would create a $70 million humanitarian fund for the remaining survivors of the Holocaust and families of victims. Then the Swiss government said it would oversee the fund, but would not commit any public money until its investigation, headed by former U.S. Federal Reserve Chairman Paul Volcker, had been completed...
...jewelry, gold dental fillings and wedding rings wrenched from concentration-camp victims. As early as 1943, when Washington launched Project Safehaven to locate the Nazi plunder and find out where it was going, the U.S. knew most of it was entering Switzerland. That year, spymaster Dulles warned the Swiss government that much of the 100 tons of gold bullion the Reichsbank was selling for Swiss francs was stolen. Eventually, Safehaven agents concluded that some $6 billion in Nazi assets had been transferred into Switzerland from 1938 to 1945 under cover of bank-secrecy laws...