Nazi Gold: The Full Story of the Fifty-Year Swiss-Nazi Conspiracy to Steal Billions from Europe's Jews and Holocaust Survivors

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9780061099823: Nazi Gold: The Full Story of the Fifty-Year Swiss-Nazi Conspiracy to Steal Billions from Europe's Jews and Holocaust Survivors

Praise for Nazi Gold

"A compelling book on one of the greatest robberies of all time."
--Rabbi Marvin Heir, dean, Simon Wesenthal Center

"Nazi Gold [is] a compelling, outraged, carefully researched book. . . Tom Bower, one of the finest investigative journalists in the English-speaking world over the past generation. . .is the ideal chronicler for this story. Over the past 20 years he has built up a track record second to none in documenting crimes and conspiracies that the Nazis and their collaborators were able to cover up or escape from in the decades after 1945. . .Riveting, outstanding."
--Martin Sieff, Washington Times

"Nazi Gold is an important book that uncovers much new material."
--Saul Friendlunder, author of Nazi Germany and the Jews

"Compelling reading."
--Chicago Jewish Star

"[A] sensational expose. . .Impressively revealing."
--Dade Jewish Star

Some Revelations form Nazi Gold

  • In 1942 thousands of Jewish refugees fleeing a Nazi roundup of Jews in occupied France crossed the border into Switzerland seeking asylum but where forcibly pushed back to the waiting Gestapo by the Swiss police. Virtually all of them were immediately shipped to concentration camps.

  • During the war thousands of Swiss willingly worked undercover for the German secret service and the Nazis.

  • The Swiss accepted for deposit without question gold bullion looted by German from the treasuries of Austria, Czechoslovakia, Poland, Denmark, and Holland'countries they had conquered. The Swedes and the Portuguese, also neutrals, refused to accept the looted gold.

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Review:

The 1945 Allied victory in Europe ended the military and political might of the Third Reich, but its financial power lives on in the secret vaults and numbered accounts of Swiss banks. In Nazi Gold, author Tom Bower uncovers the sordid lengths to which Swiss bankers went after the war to protect the plundered wealth hidden in their coffers. Switzerland's excuse for even accepting Nazi gold is a plausible one: in order to maintain their status as a neutral country, they were forced to deal equally with all sides. This does not, however, explain their postwar reluctance to return hundreds of millions of dollars of stolen wealth to central European banks or even to Holocaust victims as a means of restitution.

In this well-researched book, Tom Bower revisits the years following the war's end, focusing on the unholy alliance between Swiss bankers and Nazi sympathizers. He leaves no doubt as to the bankers' motives for maintaining secrecy: they were setting a precedent for potential customers in need of safe refuge for other looted fortunes. Finally, he chronicles the United States' overwhelmingly ineffective attempts to force the Swiss to disgorge the Nazi millions. Nazi Gold is certain to raise the hackles of the Swiss banking industry, but Tom Bower has bravely tackled a complicated topic.

From the Publisher:

Nazi Gold is the stunning and shocking expos of the 50-year conspiracy by Swiss bankers to steal deposits by European Jews and help German Nazis hide the money they looted from Jewish victims of the Holocaust. It is also about a group of dedicated Americans with the U.S. Treasury Department -- Sam Klaus, Orvis Schmidt, James Man and Seymour Rubin, to name a few -- who struggled tirelessly for many years following World War II, with little support from the British and French, to get the Swiss to release the deposited funds to the rightful owners or their heirs. Finally, Nazi Gold is about the victims themselves, surviving in a post-war world that showed them little but indifference, prejudice and hate.

Based on intensive research and incontrovertible evidence, Nazi Gold is the last dramatic chapter in the history of the Holocaust. Tom Bower, a distinguished British investigative historian, reveals for the first time in full the despicable role played by Swiss banks and the Swiss government in exploiting World War II and the persecution of the Jews to their financial advantage. He describes how Swiss industries manufactured and sold military equipment to the Germans during the war at a substantial profit, and after the war cynically turned away survivors and heirs of victims of the Holocaust with lies, obfuscation and impossible-to-satisfy demands for proof of relationship to deceased depositors.

Drawing on a wealth of previously unpublished and sensational source material, as well as interviews with many individuals on all sides of the controversy, Bower is also able to re-create important and secret meetings and telephone conversations that are often astounding in the bluntness of their revelations.

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