California's Fong reviewing Swiss moratorium

Berkman, Leslie
November 1997
Bond Buyer;11/05/97, Vol. 322 Issue 30267, p3
Trade Publication
Reports that after meeting with Swiss Ambassador to the United States Alfred Defago, the California Treasurer Matt Fong is reassessing his position on a moratorium he has imposed on state investments with Swiss banks. Reason why Fong halted California's dealings with Swiss banks and two Swiss-owned brokerage firms; How Fong described his meeting with Defago in San Francisco; Significant progress made by Swiss financial institutions on the money seized from Holocaust victims.


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