Swiss Banking Secrecy and the US-Swiss Conflict Over Holocaust Claims PDF Download
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Author: Anna Berenika Pruska
Publisher: International Relations in Asia, Africa and the Americas
ISBN: 9783631872819
Category :
Languages : en
Pages : 0
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Book Description
This book examines the conflict between the US and Switzerland in the context of Swiss banking secrecy and Holocaust related claims from World War II until the end of the 1990s. The US pressured Switzerland for Holocaust restitution, eventually resulting in a billion-dollar settlement and causing the Swiss to reevaluate their wartime history.
Author: Anna Berenika Pruska
Publisher: International Relations in Asia, Africa and the Americas
ISBN: 9783631872819
Category :
Languages : en
Pages : 0
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Book Description
This book examines the conflict between the US and Switzerland in the context of Swiss banking secrecy and Holocaust related claims from World War II until the end of the 1990s. The US pressured Switzerland for Holocaust restitution, eventually resulting in a billion-dollar settlement and causing the Swiss to reevaluate their wartime history.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88
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Book Description
Author: Leonard Orland
Publisher:
ISBN:
Category : Actions and defenses
Languages : en
Pages : 656
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Book Description
Between 1939 and 1945, the Nazis murdered six million Jews in the Holocaust and looted Jewish assets currently valued at between $230 billion and $320 billion. As Hitler's power grew, many Jewish families and businesses took advantage of the promise of secrecy and protection and deposited their funds in Swiss banks. For over half of a century, these funds remained in Swiss banks, protected by a veil of Swiss banking secrecy, concealed by coordinated bank obfuscation. In 1996 and 1997, Holocaust survivors' class actions lawsuits against leading Swiss banking institutions were assigned to Chief Judge Edward R. Korman, who has written an introduction to this volume. In 2000, Judge Korman approved an historic settlement of $1.25 billion. Judge Korman's opinions were affirmed on seven occasions by the Second Circuit. Judge Jose Cabranes, who has written a preface to the volume, was a member of each appellate panel. A Final Accounting introduces, organizes, explains, and evaluates this complex litigation, frames the case in a larger historical and jurisprudential context, and examines the limits of court awards as an instrument to rectify horrific wrongs. In his preface, Judge Cabranes writes: "Leonard Orland, [has provided an] ... informed account of the epic litigation and settlement of the claims of Holocaust victims against Swiss banks. He has written a clear-headed and sympathetic account based on an intimate knowledge of the record of these extraordinary cases, which ended by bringing a measure of justice to victims of Nazi murder and plunder and the denial of their rightful claims by Swiss financial institutions. In successive chapters, he presents a concise history of Nazi depredations and Swiss denials of responsibility for accounts maintained by victims of the Holocaust, and of the litigation in American courts to vindicate long-ignored claims. "Professor Orland's account permits a reader to understand the claims asserted in this massive litigation as well as the unique role of the American judicial system in managing and resolving human rights class actions. This important and praiseworthy book will deserve the attention of students of the American justice system, and of the persistence of memory of the Holocaust, for generations to come."
Author: Alfonse M. D'Amato
Publisher: DIANE Publishing
ISBN: 0788149547
Category :
Languages : en
Pages : 76
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Book Description
Examines the controversy surrounding the claim by Holocaust survivors or heirs on accounts being held since World War II in Swiss banks. Testimony is presented by Gretna G. Beer, a New York resident & claimant to funds deposited in Swiss banks by her father prior to the beginning of the war while her family still resided in Romania. Additional testimony is presented by Edgar M. Bronfman, President, World Jewish Congress & World Restitution Organization; Stuart Eizenstat, Under secretary of Commerce for International Trade; Rep. Benjamin Gilman (NY); & Hans J. Baer, Swiss Bankers Executive Board.
Author: Phillipe Braillard
Publisher: Routledge
ISBN: 1317722744
Category : History
Languages : en
Pages : 156
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Book Description
First Published in 2001. Sharp criticism was recently focused on Switzerland for its doings during World War II and the Swiss banks' policies with respect to dormant assets belonging to victims of the Holocaust, in a process that lasted more than two years, from spring 1996 to fall 1998. Through the determined action of interested parties, the whole process evolved into a violent crisis with an international dimension. This crisis finally came to an end when an overall settlement was reached under which the foremost Swiss banks agreed to pay $1.25 billion to the Jewish organisations and Holocaust victims who had taken up legal action before the American courts. The aim of this book is to lay bare the mechanics of this crisis that so violently shook Switzerland and harmed its international image. It endeavours to show how and why organisations and governments heaped attack on Switzerland. The declared and perfectly legitimate cause of the crisis was that of seeing justice for the victims of the Holocaust. Behind that lay a hidden agenda only a closer look can bring to light. The proposals made here open up an important area of discussion as international policymakers seek peace and stability in the post-Cold War world.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 636
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Book Description
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
Author: Adam LeBor
Publisher: Citadel Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
Hitler's Secret Bankers was the first book to disclose the extensive collaboration among Swiss banks, the Swiss government, and the Third Reich before and during World War II. Switzerland, supposedly neutral in the war, seemed a safe haven to desperate Jews who entrusted their wealth to its banks, believing that even if they died their families would inherit it. For more than fifty years, this money has provided free working capital for the banks. In addition to the dispute over dormant accounts, Swiss banks provided the Nazi war machine with foreign currency, which paid for vital war materiel such as chrome and aluminum.
Author: Tom Bower
Publisher: HarperCollins Publishers
ISBN:
Category : History
Languages : en
Pages : 424
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Book Description
Treasury Department - Sam Klaus, Orvis Schmidt, James Mann, and Seymour Rubin, to name a few - who struggled tirelessly for many years following World War II, with little support from the British and French, to get the Swiss to release the deposits to the rightful owners or their heirs.
Author: Jean Ziegler
Publisher: Houghton Mifflin
ISBN:
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
This scathing indictment shatters the myth of Swiss neutrality during World War II, showing that Switzerland's leading financial institutions provided Hitler with the foreign exchange essential to his war effort, laundering gold looted from the banks of occupied Europe and from the bodies of concentration camp victims.
