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The Last Deposit: Swiss Banks and Holocaust Victims' Accounts
 
 
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The Last Deposit: Swiss Banks and Holocaust Victims' Accounts [Hardcover]

Edgar Bronfman , Israel Singer , Avraham Burg , Itamar Levin , Natasha Dornberg

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Itamar Levin
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"The dimension of the robbery is so vast, so expansive, that I believe Itamar Levin's book is just the beginning of the revelations yet to come...This will not atone the deeds already done, and certainly not the loss of life, but there could be no greater mission of human justice."-from the foreword by Avraham Burg, Speaker of the Knesset

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The injustices committed against millions of Europe's Jews did not end with the fall of the Third Reich. Long after the Nazis had seized the belongings of Holocaust victims, Swiss banks concealed and appropriated their assets, demanding that their survivors produce the death certificates or banking records of the depositors in order to claim their family's property - demands that were usually impossible for the petitioners to meet. Now the full account of the Holocaust deposits affair is revealed by the journalist who first broke the story in 1995. Relying on archival and contemporary sources, Itamar Levin describes the Jewish people's decades-long effort to return death camp victims' assets to their rightful heirs. Levin also uncovers the truth about the behaviour of Swiss banking institutions, their complicity with the Nazis and their formidable power over even their own "neutral" government. From the first attempt to settle the fate of German property in neutral countries at the Potsdam Conference in 1945, through the heated negotiations following publication of Levin's investigative article in 1995, to the Swiss banks' ultimate agreement to a $1.2 5 billion payment in 1997, the pursuit of restitution is a story of delaying tactics and legal complications of almost unimaginable dimensions. Terrified that the traditional and highly marketable wall of secrecy surrounding the Swiss banks would tumble and destroy the industry, the banks' managements were dismissive and unco-operative in determining the location and extent of the assests in question, forcing the United States, other European countries and Jewish organizations worldwide to apply tremendous pressure for a just resolution. The details and the central characters involved in this struggle, as well as new information about Switzerland's controversial policies during World War II, are fascinating reading for anyone concerned with the Holocaust and its aftermath.

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First Sentence
BY THE END of 1996, after months of incessant attacks on himself and his colleagues had left their mark on a top-ranking Swiss banker, he lost his Swiss banker's characteristic cool and stated publicly what he had apparently thought for quite some time: "The Jews murdered in Auschwitz were barefoot; they didn't have bank accounts in Switzerland," he pronounced. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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