Holocaust heirs win record payout

[emad]

BBC


The heirs of two Holocaust victims have been awarded $21.9m (£11.6m) in the largest single payout to date from a $1.25bn fund set up by Swiss banks.

The victims - major shareholders in an Austrian sugar refinery before World War II - had put their shares into a Swiss bank to safeguard them in 1938.

But under Nazi pressure, the unnamed bank transferred the shares to a German investor after the men were arrested.

The US court award dwarfs the previous record payout of about $4m.

http://news.bbc.co.uk/1/hi/world/americas/4443299.stm

[Demeter]

1. So Much For Swiss Morality

It's amazing what crawls out of the woodwork, more than 50 years after the fact. Except what Bush managed to rebury, of course. Got to protect Granpa, you know.