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NEW YORK CITY COMPTROLLER ANNOUNCES SWISS BANK SANCTIONS, 1998-07-02 (photo)

IMAGE number
REU8325940
Image title
NEW YORK CITY COMPTROLLER ANNOUNCES SWISS BANK SANCTIONS, 1998-07-02 (photo)
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Photographer
Peter Morgan
Medium
photograph
Date
1998 AD (C20th AD)
Shooting Date
1998-07-02
Image description

City comptroller Alan Hevesi speaks at a press conference in New York July 2 where city and state officials announced that New York would impose sanctions against Swiss banks in 60 days unless the banks reach an agreement on restitution of Holocaust-era funds. The officials, including New York State comptroller Carl McCall (L), outlined a gradual sanctions program which includes barring short-term investments with Swiss banks, then banning Swiss banks and investment firms from selling city and state debt. PM/RC/FMS

Photo credit
REUTERS/Peter Morgan / Bridgeman Images
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