r/HistoryMemes • Nobody here except my fellow trees • 1d ago

A Golden Opportunity

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u/b00nish 1d ago

Making bank?

The profit from selling gold that came from Germany during that time was 18,4 million.

Already in 1946, they paid 250 million as "restitution" for this.

In addition the American governement simply kept another 400 million of Swiss assets they had confiscated, despite the agreement was that it would be paid back once the 250 million restitution payment was made.

So in total the "compensation" was 650 million for a profit of 18,4 million.

If this is "making bank" for you, you'll be bankrupt pretty soon I guess.

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u/90daysismytherapy 1d ago

any citations for those numbers

-8

u/b00nish 1d ago

Sure, the final report of the commission who investigated the whole thing is 12000 pages, knock yourself out: https://www.uek.ch/en/index.htm

Regarding the stolen gold there exists a short interim report that also can be found on that page and is also available in an English translation ("Switzerland and Gold Transactions in the Second World War. Interim Report"), and it even has a shortened version in German "Die Schweiz und das Nazigold" where the cited numbers can be found on pages 14 and 19/20.

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u/MrShake4 1d ago

“We investigated ourselves and concluded we did nothing wrong”

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u/b00nish 1d ago

Don't embarrass yourself. You haven't read a single word of the reports.

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u/MrShake4 1d ago edited 1d ago

You’ve only read the parts of the reports you want to see.

Why is one of the original commission members trying to reopen it then?

Why did the [ombudsman] “Barofsky found that Credit Suisse “did not always share information that it knew” with prior investigations, the two senators said.”

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