Distressed Assets Investor - February 2011 by John Salustri (Editor)

By John Salustri (Editor)

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3 At the crossroads of these positions is the insightful argument of historian Ernest Renan who maintains that, “every nation is a community both of shared memory and shared forgetting”. 4 Historically, the advocates of forgetting are many and impressive. , demanding only two days after Caesar’s murder that the memory of past discord be consigned to eternal oblivion, to Winston Churchill in his Zurich speech two-thousand years later recalling Gladstone’s appeal for a ‘blessed act of oblivion’ between former enemies.

It is worth emphasizing that from the standpoint of the victims, the reparations program occupies a special place in a transition to democracy. Reparations are, for them, the most tangible manifestation of the efforts of the state to remedy the harms they have suffered. Criminal justice – even if it were completely successful, both in terms of the number of perpetrators accused (far from being the case in any transition) and in terms of results (which are always affected by the availability of evidence, and by the persistent weaknesses of judicial systems) – is, in the end, a struggle against perpetrators rather than an effort on behalf of victims.

Let us now turn to the accused. He, too, until but a few days before, had led a comparatively normal life. He was interviewed after arrest by investigators. He talked a lot. He claimed that he had no interest in politics. He had no attitude against Muslims and no history of violence. He had been just a credit card cheat. Now he glorified in the name of the ‘Serbian Adolf’, and bragged about the number of people he had killed before his morning coffee. All of these men had been changed completely from what they were to what they became in what would appear to be the space of a few days.

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