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United States Foreign Relations Switzerland

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NEWS
August 11, 1996 | WILLIAM C. REMPEL, TIMES STAFF WRITER
Everything was in place to pick up seven American couriers arriving from New York on Swissair Flight 101. A Mercedes-Benz minibus stood by outside the air terminal, its last two rows of seats removed to accommodate the expected 14 large Samsonite suitcases. The Swiss chauffeur, a trusted driver for the drug-trafficking Escobar family of Medellin, Colombia, waited at the wheel. Inside, Julio and Sheila Nasser waited at the rendezvous point.
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NEWS
July 3, 1998 | JOHN J. GOLDMAN, TIMES STAFF WRITER
The two top financial officials in New York state on Thursday announced a series of escalating sanctions designed to pressure Swiss banks into reaching an agreement with Holocaust victims who claim the institutions illegally held their assets for decades. If a settlement is not reached by Sept. 1, the New York City and the state comptrollers will bar short-term investments with Swiss banks and stop Swiss banks and investment firms from selling state and city debt.
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NEWS
July 2, 1998 | HENRY WEINSTEIN and JOHN J. GOLDMAN, TIMES STAFF WRITERS
Over strong objections from the Clinton administration, state and local government officials across the United States have moved to impose sanctions against three large Swiss-based banks that have resisted meeting demands of Jewish Holocaust victims and their survivors for the return of funds allegedly withheld since World War II.
NEWS
July 3, 1998 | From Times Wire Reports
Threats by U.S. cities and states to boycott Swiss banks over their handling of Holocaust victims' accounts could disrupt U.S.-Swiss relations and trigger a free-trade dispute, said officials in the capital, Bern. Swiss banks, meanwhile, considered whether to revoke a blanket offer of $600 million to settle Holocaust-era claims. Bern said that it will support Swiss firms that took legal steps against U.S.
NEWS
July 3, 1998 | JOHN J. GOLDMAN, TIMES STAFF WRITER
The two top financial officials in New York state on Thursday announced a series of escalating sanctions designed to pressure Swiss banks into reaching an agreement with Holocaust victims who claim the institutions illegally held their assets for decades. If a settlement is not reached by Sept. 1, the New York City and the state comptrollers will bar short-term investments with Swiss banks and stop Swiss banks and investment firms from selling state and city debt.
NEWS
June 5, 1996 | Associated Press
President Clinton will nominate former Vermont Gov. Madeleine M. Kunin, the Education Department's No. 2 official, to be U.S. ambassador to Switzerland, the White House announced Tuesday.
NEWS
February 9, 1994 | From Associated Press
The Senate approved the nominations of four Democratic loyalists to ambassadorial posts Tuesday after a four-month delay because of questions about their foreign policy expertise. M. Larry Lawrence, a San Diego developer and hotel owner, was confirmed as ambassador to Switzerland by a 76-19 vote. The other three, Sidney Williams for the Bahamas, K. Terry Dornbush for the Netherlands and Thomas Siebert for Sweden, were approved by voice vote.
NEWS
November 25, 1990 | From Times Wire Services
The Swiss government said Saturday it is investigating U.S. complaints that Swiss guards had brutally enforced security at the Geneva airport during President Bush's brief visit on Friday. White House spokesman Marlin Fitzwater said in Washington that the United States will formally protest to Switzerland because a guard poked U.S. Chief of Protocol Joseph Reed with a machine gun as he boarded a plane taking Bush home from Geneva.
NEWS
November 4, 1987 | RONALD J. OSTROW, Times Staff Writer
The Swiss government Tuesday turned over crucial bank records to U.S. investigators in the Iran-Contra case, making it likely that independent counsel Lawrence E. Walsh will seek a sweeping indictment alleging that conspirators illegally diverted funds from arms sales to Iran and tried to obstruct justice. Review of the thousands of pages of documents will require several weeks and perhaps delay any charges until next year, sources familiar with the case said.
BUSINESS
June 8, 1989 | From United Press International
Saudi Arabian businessman Adnan Khashoggi has decided to fight extradition to the United States, where he is wanted on charges of racketeering, Swiss officials said Wednesday. Khashoggi, a key middleman in the Iran arms-Contra aid scandal during the Reagan Administration, was arrested April 18 at the request of American officials and has since occupied a small cell in Bern's district prison. The one-time billionaire was indicted in March in New York on charges of fronting in illegal real estate deals for former Philippines President Ferdinand Marcos and his wife, Imelda.
NEWS
July 2, 1998 | HENRY WEINSTEIN and JOHN J. GOLDMAN, TIMES STAFF WRITERS
Over strong objections from the Clinton administration, state and local government officials across the United States have moved to impose sanctions against three large Swiss-based banks that have resisted meeting demands of Jewish Holocaust victims and their survivors for the return of funds allegedly withheld since World War II.
NEWS
May 23, 1997 | JOHN-THOR DAHLBURG, TIMES STAFF WRITER
Switzerland on Thursday replied with firm thoroughness to its U.S. critics, acknowledging that it entered into "questionable deals" with wartime Germany but denying that it served as the "Nazis' banker" and thus prolonged World War II. Swiss government leaders also said they see no reason to reopen a treaty with the United States and other Allies on the return of gold looted by the Third Reich.
NEWS
May 16, 1997 | TYLER MARSHALL, TIMES STAFF WRITER
Sen. Alfonse M. D'Amato (R-N.Y.) raised the prospect of a freeze on Swiss assets in the United States as a Senate committee on Thursday debated ways to deal with those who served as accomplices to one of history's greatest robberies--Nazi Germany's World War II plundering of gold from the state vaults of occupied countries and from Holocaust victims. A U.S. government report on the issue published last week estimated the value of the $580 million in stolen gold at $5.
NEWS
January 28, 1997 | From Times Wire Services
This nation's ambassador to the United States resigned Monday because of a leaked document in which he likened handling the controversy over the Swiss accounts of Nazi victims to waging a war. Carlo Jagmetti found himself at the center of a new controversy after details of a report he sent to the Swiss capital in December were leaked to a newspaper.
NEWS
August 11, 1996 | WILLIAM C. REMPEL, TIMES STAFF WRITER
Everything was in place to pick up seven American couriers arriving from New York on Swissair Flight 101. A Mercedes-Benz minibus stood by outside the air terminal, its last two rows of seats removed to accommodate the expected 14 large Samsonite suitcases. The Swiss chauffeur, a trusted driver for the drug-trafficking Escobar family of Medellin, Colombia, waited at the wheel. Inside, Julio and Sheila Nasser waited at the rendezvous point.
NEWS
June 5, 1996 | Associated Press
President Clinton will nominate former Vermont Gov. Madeleine M. Kunin, the Education Department's No. 2 official, to be U.S. ambassador to Switzerland, the White House announced Tuesday.
NEWS
February 21, 1987 | WILLIAM C. REMPEL, Times Staff Writer
U.S. authorities have asked for records of additional Swiss bank accounts believed to have been used in the sale of arms to Iran and the diversion of profits to the Nicaraguan rebels, Swiss officials said Friday.
BUSINESS
June 30, 1988 | Associated Press
The Securities and Exchange Commission has asked the Swiss government for help in investigating an alleged $19-million insider-trading scheme, the chief of the agency told Congress on Wednesday. SEC Chairman David S. Ruder told the Senate Banking Committee's securities subcommittee that his investigators have learned that a Hong Kong businessman accused in the case, Fred C. Lee, traded U.S. securities from Switzerland.
NEWS
February 9, 1994 | From Associated Press
The Senate approved the nominations of four Democratic loyalists to ambassadorial posts Tuesday after a four-month delay because of questions about their foreign policy expertise. M. Larry Lawrence, a San Diego developer and hotel owner, was confirmed as ambassador to Switzerland by a 76-19 vote. The other three, Sidney Williams for the Bahamas, K. Terry Dornbush for the Netherlands and Thomas Siebert for Sweden, were approved by voice vote.
NEWS
November 25, 1990 | From Times Wire Services
The Swiss government said Saturday it is investigating U.S. complaints that Swiss guards had brutally enforced security at the Geneva airport during President Bush's brief visit on Friday. White House spokesman Marlin Fitzwater said in Washington that the United States will formally protest to Switzerland because a guard poked U.S. Chief of Protocol Joseph Reed with a machine gun as he boarded a plane taking Bush home from Geneva.
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