Swiss banks agree to pay $1.25 billion in connection with claims concerning bank accounts appropriated during World War II. August 10, 2018 No Comments Reference: http://www.swissbankclaims.com/overview.aspx https://www.nytimes.com/2005/04/14/nyregion/for-betrayal-by-swiss-bank-and-nazis-21-million.html Back to Timeline Related Previous Post Next Post You may also like June 15, 1988 In 1988, the Japanese American reparations bill becomes law as the Civil Rights Redress Act of 1988. This lays the framework for $1.2 billion ($20,000 each) paid to Japanese Americans and a Letter of Apology as Federal redress. June 15, 1971 In 1971, the United States gives $1 billion plus 44 million acres of land to honor the Alaska Natives land settlement. September 10, 2018 In the 1990s, African and Caribbean scholars such as Ali Mazrui, author of The Africans and Jamaican ambassador Dudley Thompson argue for an international examination of the role the West played in the slave trade and the consequent underdevelopment of Africa.