August 03, 2004

Ca - Slave Laborers of Nazis Awarded Reparations -- Get $401 Million

August 03, 2004/ Tron Nick

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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Ca - Slave Laborers of Nazis Awarded Reparations -- Get $401 Million

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