Publisher description for The victim's fortune : inside the epic battle over the debts of the Holocaust / John Authers and Richard Wolffe.


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An extraordinary behind-the-scenes story of money, justice, and the fallout that remains from the twentieth century's worst crime.

In April 1996 a billionaire businessman pulled aside Hillary Rodham Clinton at a political fund-raiser in his Manhattan apartment. Handing Mrs. Clinton a magazine article on the secretive Swiss banks, Edgar Bronfman launched an emotional fight for the forgotten fortunes of the Nazis' victims. The First Lady took the bait, and with a simple call to her husband, set in motion a whirlwind of events that rewrote history and offered a last glimmer of hope to a dwindling number of elderly war survivors.

Backed by the White House, a small group of Americans embarked on an epic journey to pursue the debts owed to Holocaust victims for more than a half century. For five years they traveled from country to country and company to company, confronting those who profited from the war -- the bankers, insurers, and industrial executives who never fully acknowledged their companies' complicity in the Nazi crimes. Armed with class-action lawsuits and threats of economic sanctions, the disparate band of American lawyers, politicians, and Jewish groups fought fire with fire against some of the world's most powerful corporations and governments.

But what began as a moral crusade quickly degenerated into a bare-knuckled global battle that opened up painful debates about justice and how to achieve it. The demands for billions of dollars in restitution triggered bitter disputes over who should pay the survivors and who should receive the cash. Many Europeans dismissed the demands as blackmail.

The Victim's Fortune tells the remarkable tale of the Americans who cajoled, bullied, and squabbled their way across the world. It also reveals how Europeans first stonewalled, then nickel-and-dimed their way toward peace with the past.

John Authers and Richard Wolffe offer a spellbinding investigative account of this momentous international struggle, which has blazed a trail for future reparations settlements of every kind. It is a riveting political drama that captures the outsize personalities, ruthless tactics, and moral dilemmas surrounding the light over compensation, all unfolding against the backdrop of one of the darkest moments in human history.



Library of Congress subject headings for this publication: World War, 1939-1945 Confiscations and contributions Europe, Jews Europe Claims, Restitution and indemnification claims (1933- )Jewish property Switzerland, Banks and banking Corrupt practices Switzerland History 20th century, Holocaust, Jewish (1939-1945) Reparations