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Friday, April 18th | 21 Nisan 5785
BUSINESS
Independent investigator Neil Barofsky was fired by Swiss banking giant Credit Suisse in Nov. 2022 after having been hired, together with former US antisemitism envoy Ira Forman, for an investigation of its ties to Nazis. The investigation came after the Simon Wiesenthal Center identified 12,000 Nazis who lived in Argentina in the 1930s and deposited money stolen from Jewish victims of the Holocaust into accounts administered by Schweizerische Kreditanstalt, which was later renamed Credit Suisse. Citing Barofsky's report The New York Times wrote earlier this year that his removal had left several questions unanswered, including those "about the thoroughness of its prior investigative efforts, the extent to which it served Nazi interests, and the bank's role in servicing Nazis fleeing justice after the war." The World Jewish Congress was among the organizations protesting the Credit Suisse decision, saying that it was "deeply disappointed that Credit Suisse abruptly fired these two highly respected individuals, who had worked to create a comprehensive report detailing the bank's shortcomings." (Photo: Jenner and Block LLP)
BUSINESS