Article: Holocaust profiteering. (Insider Report).(some groups taking the money that belong to somebody else)(Brief Article)

Michael Kleiner, a member of the Israeli Knesset (legislature), has condemned several prominent Jewish organizations for "rak[ing] into their coffers" an estimated $1 billion in unclaimed Holocaust compensation funds set aside by Swiss banks, reported the January 15th Jerusalem Post. An estimate obtained by Kleiner indicated that only three percent of the $1.25 billion in settlement funds "is likely to be paid to the legal heirs of the assets," observed the Post.

Under the 1998 settlement agreement, the Swiss banks were not required to publish lists of bank account and insurance policyholders purportedly entitled to a share of the money. This arrangement was ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!