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Thursday, July 9, 2020 | History

4 edition of Swiss banks and the shredding of Holocaust era documents found in the catalog.

Swiss banks and the shredding of Holocaust era documents

Hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One ... session ... Tuesday, May 6, 1997 (S. hrg)

by United States

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Published by For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office .
Written in English


The Physical Object
Number of Pages29
ID Numbers
Open LibraryOL7376250M
ISBN 100160555604
ISBN 109780160555602

Reuters quoted a bank spokesperson as saying: "In principle the documents and the Holocaust debate have nothing to do with each other." 5 The Volcker Commission, led by former U.S. Federal Reserve Chairman Paul Volcker, was set up by the Swiss banks, in cooperation with the World Jewish Congress and the World Jewish Restitution Organization. 1. Ain, Stewart. "Nazi gold stored in NY: Federal Reserve stash may contain fillings pulled from Jewish victims of Holocaust". Jewish Week , no(Septem ): : According to recently declassified documents, a pile of gold bars, believed to be the largest repository of gold in the world, is stored in the Federal Reserve Bank of New York vaults in lower.

  Private Law Private Law Switzerland, discovered that bank employees were shredding important Holocaust-era documents. (3) Mr. Meili was able to save some of the documents from destruction and then turned them over to the Jewish community in Zurich and to the Swiss .   Katz attempted to reclaim the money at the end of the s, when under the famous Swiss Banks Settlement (see box on Page 2) the banks allocated $ billion for Holocaust victims who had bank accounts with them. But Katz's suit was rejected. Katz appealed to Author: Ofer Aderet.

  A Swiss bank guard’s quest to obtain justice for the Jewish people that the bank in Zurich was destroying Holocaust-era documents. for documentation at the Swiss banks . President Clinton signed legislation granting permanent residency to a former Swiss bank guard harassed at home after rescuing Holocaust-era documents, the White House said Wednesday.


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Swiss banks and the shredding of Holocaust era documents by United States Download PDF EPUB FB2

If the documents shredded by the bank turn out to be related to Nazi assets, their destruction would clearly violate a law passed by the Swiss Parliament last month. That law, which established an independent historical commission to research Switzerland's financial relationship with Nazi Germany.

Afterwards, the same Swiss banks demanded death certificates from survivors claiming accounts left by relatives who had perished in the Holocaust. As efficient as they were, the Nazis, alas, failed to provide such documents, and the money remained in Switzerland.

Levin provides flashes of moral fire, but they are few and far by: 7. Get this from a library. Swiss banks and the shredding of Holocaust era documents: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fifth Congress, first session Tuesday, May 6, [United States.

Congress. Senate. Committee on Banking, Housing, and Urban Affairs.]. Just weeks after the Swiss Government ordered its banks to preserve any remaining records of their dealings with Nazi Germany, a suspicious security guard at the Union Bank of Switzerland halted the destruction of some documents from the World War II era, including papers that appeared to deal with the ''forced auctions'' of property in Berlin in.

On Octoa class action lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of plaintiffs representing: (1) certain Swiss bank depositors, and their heirs, who had made deposits during the World War II era and had not been able to recover their assets; (2) the rightful owners, and their heirs, of assets that the Nazis had looted; and (3) slave laborers, and.

Michel Christopher "Christoph" Meili (born 21 April ) is a Swiss-American whistleblower and former security professional. InMeili illegally disclosed to third parties that Swiss bank Union Bank of Switzerland (UBS) was destroying documentation of Holocaust-era assets. After a federal arrest warrant, a set of fines, and death threats were issued to him, Meili fled Switzerland to the Alma mater: Chapman University.

Swiss banks systematically hid and destroyed records of bank accounts from the Holocaust period, thus preventing their owners from claiming their money and assets, according to a lawsuit set to be filed next week.

During the Nazi regime in some 7 million bank Author: Ofer Aderet. On December 6,the Volcker Committee released its final report. Its research showed that some million Swiss bank accounts were open or opened during the relevant period, the Holocaust era ().

Of these, documents relating to approximately million accounts had been destroyed. Banking Bibliography. Aalders, Gerard and Cees Wiebes. The art of cloaking ownership: the secret collaboration and protection of the German war industry by the neutrals: the case of Sweden.

Amsterdam: Amsterdam University Press and the Netherlands State Institute for War Documentation, Last year, in the face of a concerted campaign to induce the Swiss to address the issue of Holocaust-era assets in Switzerland, SBA President Georg Krayer, admitted that the banks were holding.

The World Jewish Congress lawsuit against Swiss banks was launched to retrieve deposits made into Swiss banks by victims of Nazi persecution during and prior to World War II. Initiated in as WJC negotiations with both the Government of Switzerland and its banks over burdensome proof-of-ownership requirements for accounts, strong support from United States politicians and leaked documents from a bank guard.

According to UBS, the documents being shredded came from a subsidiary called Eidgenoessische Bank. Once one of Switzerland's biggest banks, Eidgenoessische had built up an extensive business with Germany during the Third Reich. When the Third Reich collapsed, the bank collapsed along with it.

NEW YORK — The long, sad saga of dormant Holocaust-era accounts in Swiss banks has come to a somewhat inconclusive end. After hundreds of auditors pored over bank records for three years, a panel overseeing the massive research effort identified nea accounts that may have belonged to victims of the Nazis.

Representatives of Swiss commercial banks and Holocaust survivors announced a settlement yesterday in which the banks agreed to pay $ billion in restitution to victims of the Nazi era.

The agreement, intended to settle the claims of tens of thousands of survivors whose families lost assets in World War II. The Holocaust industry first alleged that Swiss banks had systematically denied legitimate heirs of Holocaust victims access to dormant accounts worth between $7bn and $20bn.

German/Eng/Nat The Swiss bank guard who lost his job after he rescued Holocaust-era documents from a shredder testified before a U-S Senate Committee Tuesday and explained why he.

Gregg Rickman's masterful work is a true "insider's guide" to the Swiss Banks/Nazi Gold issue. Rickman leads the reader through the past, Swiss wartime collaboration with the Nazi regime in profiting from the Holocaust, through the present -- the ongoing pursuit of justice 50 years by: 4.

Swiss law forbids destruction of documents that might relate to World War II era investigations, but UBS claimed the documents were not related to victims of the Holocaust. Meili thought otherwise. Inwhile working as a security guard at a Swiss bank, Christophe Meile stumbled across Holocaust-era financial documents in the bank's shredding room.

Recognizing they were documents. Wednesday, Octo Bankers and Robbers. By Israel Shamir "SWISS Holocaust cash revealed to be myth", announced the Times this Saturday (October 13), lowering the curtain on one of the bizarre and obnoxious dramas of extortion and robbery.

It began inas two important gentlemen, Edgar Bronfman, chairman of the World Jewish Congress, and Abraham Burg, a rising star of Israeli.

T/I: Christoph Meili, a Swiss bank guard who refused a management order to destroy bank records relating to the claims of Jewish holocaust surivivors and .InMeili was a security guard at the Union Bank of Switzerland when he discovered bank employees shredding what appeared to be important Holocaust-era documents.

After he handed those documents over to Jewish leaders, Meili was fired by the banks and Author: Mark Mietkiewicz.The new disclosures come amid a dispute between Jewish and Swiss officials surrounding the creation of a preliminary fund to begin compensating Jews possibly entitled to assets deposited in Swiss banks during the World War II era.

After the release of the documents on shipments to Spain and Portugal, a top Swiss National Bank official.