chapter  four
The ambiguous role of the United States
ByPhilippe Braillard, Denys Crapon de Caprona, André Lötter
Pages 25

The World Jewish Congress, an organization headquartered in the United States and where American Jews have a prominent influence, is a highly Americanized organization. If a boycott of the Swiss banks might indeed have had important effects in the longer term, especially if it had been enforced by a growing number of States and cities, people have to admit that this threat and the resulting bad corporate image did exert a strong pressure on the major Swiss banks and contributed to a large extent to speeding up the global negotiations and driving them to a conclusion. Senator D'Amato's transparent electoral aims shed some doubt as to his explicit motivations for embracing the Jewish cause; from it emerges the portrait of a pure political opportunism. The ambiguous attitude of the American administration representatives and especially Stuart Eizenstat is probably largely instrumental in nature.