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Tag Archives: Wall Street

Bernie Madoff To Be Released in 2159

01-Jul-09

Ponzi scheme artist and former NASDAQ head Bernie Madoff was sentenced Monday, June 29 to 150 years in prison for his role in defrauding thousands of people out of more than $65 billion during a more than 20 year period. The 72 year former Wall Street guru, had a sort of ironic look on his [...]

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Taglit – Birthright in Financial Hardships

04-Jan-09

Taglit – Birthright is the famous project that brings diaspora Jews to Israel for a once-in-a-lifetime trip to get to know and love Israel. This free trip is free of charge, and any Jew is entitled to join this initiative once in his / her life.
However, the global economic crisis has affected the Taglit project, [...]

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Israel’s economy refuses to be affected by Wall Street crisis

17-Sep-08

It’s been said to be the biggest economic crisis in America since 1929. So far we’ve seen the collapse of Lehman Brothers, Merrill Lynch, and AIG, and there’s no end in sight.
Obviously, the markets around the world reacted badly, with vast depreciation of rates, especially in Asia. Israel saw a poor day on Monday as [...]

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