Results
The Commission found in 1999, after its research, 54,000 accounts that may have belonged to victims of the Holocaust. The investigation was unable to determine the exact value of the accounts held by the banks, but 5,559 names were published in 1997 of accounts owned by those living outside of Switzerland, with a total value of $44.2 million. The panel further recommended the publication of 25,000 names of other victims. In 1998, a United States class-action law suit resulted in a settlement of $1.25 billion by the two largest Swiss Banks, which is supposed to cover claims by victims and their heirs.
Read more about this topic: Volcker Commission
Famous quotes containing the word results:
“The peace conference must not adjourn without the establishment of some ordered system of international government, backed by power enough to give authority to its decrees. ... Unless a league something like this results at our peace conference, we shall merely drop back into armed hostility and international anarchy. The war will have been fought in vain ...”
—Virginia Crocheron Gildersleeve (1877–1965)
“Consider what you have in the smallest chosen library. A company of the wisest and wittiest men that could be picked out of all civil countries in a thousand years have set in best order the results of their learning and wisdom. The men themselves were hid and inaccessible, solitary, impatient of interruption, fenced by etiquette; but the thought which they did not uncover in their bosom friend is here written out in transparent words to us, the strangers of another age.”
—Ralph Waldo Emerson (1803–1882)
“Nothing is as difficult as to achieve results in this world if one is filled full of great tolerance and the milk of human kindness. The person who achieves must generally be a one-ideaed individual, concentrated entirely on that one idea, and ruthless in his aspect toward other men and other ideas.”
—Corinne Roosevelt Robinson (1861–1933)