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Holocaust Survivors Seek Swiss Embargo

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From Times Staff and Wire Reports

Holocaust survivors and their families who contend that Swiss banks are still hiding wartime assets gathered in New York to call for a worldwide moratorium on doing business with the banks. About 4,000 people have asked to join a class-action lawsuit against the banks, which plaintiffs claim hold $10 billion to $20 billion in Holocaust victims’ assets, including penalties and interest. The embargo also will include lobbying Jewish groups and others not to open new accounts in Switzerland or to close existing accounts.

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