A U.S. judge appointed former Federal Reserve Chairman Paul Volcker to oversee the payment of compensation to Holocaust victims who deposited money in Swiss banks during World War II and never got it back. Under a distribution plan the judge approved last month, $800 million has been set aside to cover dormant account holders from a $1.3 billion settlement that Swiss banks agreed to pay Holocaust families.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
