Credit Suisse has recently been accused of not being fully forthcoming with the scope of its historical assistance to Nazis after agreeing to take part in a $1.25B settlement of lawsuits by Holocaust survivors, Charlie Savage of The New York Times reports. On Tuesday, the Senate Budget Committee released two reports on banking activities by German Nazis who went to Argentina in the 1930s. Credit Suisse had hired a lawyer, Neil Barofsky, to oversee the investigation into the bank’s history with Nazis but dismissed him after its scope expanded to Nazis who fled Europe at the end of World War II. The company portrayed the decision to fire Barofsky as a commercial dispute rather than an attempt to impede the investigation. The dispute shows the understanding of how Swiss banks provided financial assistance to Nazis is still incomplete. Reference Link
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