Tuesday
03Aug
Ca - Slave Laborers of Nazis Awarded Reparations -- Get $401 Million
Tuesday, August 3, 2004 at 03:00PM
The Conference on Jewish Material Claims against Germany, which
specializes in Holocaust reparations issues, announced Monday that it
will distribute $401 million this week to 130,681 Nazi slave laborers --
including more than 4,300 in California -- from 62 countries around the
world. The organization has distributed a total of $1.3 billion to
former slave and forced laborers, said Gideon Taylor, the executive
vice president of the conference in New York. The bulk of the money
came from a fund created in 2000 by the German government and financed
by major German corporations. About $200 million came from a settlement
Jewish organizations reached with Swiss banks in 1998. [more]
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