Holocaust Fund Hailed, Criticized

Jewish leaders hailed a Swiss government decision to set up a memorial fund for Holocaust victims, but Senate Banking Committee Chairman Alfonse D’Amato, a New York Republican, warned the Swiss that they have no business deciding who gets the money. After months of pressure from D’Amato and Jewish groups, the Swiss government announced that it was setting up a fund with more than $70 million in initial contributions from Swiss banks and other businesses. But in Washington, D’Amato slammed Switzerland, saying: “The money was looted from Holocaust victims and should be returned to them. The Swiss must find whose money was looted, how much there is and return it--all of it.”