graphic
News > Economy
Nazi loot: more questions
December 2, 1997: 8:42 p.m. ET

Gold and its restitution not only topics to be discussed at Holocaust conference
From Correspondent Tom Bogdanwoicz
graphic
graphic graphic
graphic
LONDON (CNNfn) - Nazi gold is the name and major topic of a three-day international conference in London. But as participants made clear, it is more complex than that.
     Representatives of Holocaust victims are raising more than just the issue of gold and its restitution.
     "Nazi gold has become shorthand for the whole array of looted assets," said Elan Steinberg, the executive director of the World Jewish Congress. "So, yes we're talking about securities, art, bank accounts, life insurance policies, and other such assets."
     The conference is raising as many questions as answers. The United States delegation wants to know more about the German company Degussa, which smelted the Nazi gold.
     It also wants the Tripartite Gold Commission and all countries to open their files.
     "I'm disappointed that the opening of archives is proceeding so slowly, and the neutral countries archives are by no means available to private individuals, not to mention government investigators," said William Slany, a historian for the U.S. State Department.
     Some delegates say the London conference, though limited in scope, is just a stepping stone.
     "This conference is about gold. But there's going to be other conferences, I hope, dealing with other subjects, especially art, which is an enormous subject," said Edgar Bronfman, president of the World Jewish Congress.
     The Nazi gold conference is about defining issues and presenting new information.
     The Swiss have made it clear they won't be intimidated. Still, some delegates are hoping for more, including a wider investigation as well as compensation for Holocaust victims.Back to top

  RELATED STORIES

U.S., Britain, open fund to help Holocaust survivors - Dec. 2, 1997

Swiss gold restitution lags - June 26, 1997

  RELATED SITES

World Jewish Congress

Tripartite Gold Commission

U.S. State Department


Note: Pages will open in a new browser window
External sites are not endorsed by CNNmoney




graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.