COUNTDOWN TO PESACH
The Nation’s Largest JEWISH CLASSIFIEDS (PAGE 45)
the
ewish Voice J Deuteronomy 32:1
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M AY T H E E A RT H H E A R T H E WO R D S O F M Y M O U TH
MARCH 19, 2010 | 4 Nissan, 5770
LibertyPointe Bank Closed by FDIC
Vol. 6, Iss. 12
www.JewishVoiceNY.com
Jerusalem Riots Stress Relations, Threaten Peace Talks
Ten Israeli Billionaires In Forbes’ List
Sammy Ofer and his family worth $6.7 Billion Shaya Boymelgreen BY JV STAFF
BY SMUEL BEN ELIEZER Valley National Bancorp today announced that its wholly-owned subsidiary, Valley National Bank, assumed all deposits and received certain assets of Manhattan-based LibertyPointe Bank from the Federal Deposit Insurance Corporation (“FDIC”), which was appointed the receiver for LibertyPointe Bank. erald H. Lipkin, Chairman, President and CEO commented that, “We welcome LibertyPointe Bank customers to Valley National Bank and are pleased to provide a safe and secure home to these customers. Our primary focus is to assure customers that their deposits are safe and remain readily accessible to them. Valley has served the northern and central New Jersey and New York metropolitan areas for over 80 years and has a healthy balance sheet, and strong capital and liquidity positions. Shaya Boymelgreen who founded Liberty Pointe Bank in 2005 has a long history of investments in the Jewish world. In 1969, the Israeli-born, Lubavitch-Jewish Boymelgreen moved to America to study at a New York yeshiva. He eventually pursued a series of disparate occupations: He worked at a diamond mine in Brazil, opened a
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Arabs rioting near the Temple Mount in Jerusalem. BY MAXINE DOVERE Jerusalem, the ancient city whose very name speaks of peace, exploded in riots, symbolically instigated by the rededication of the historic “Hurva” synagogue in the Old City. The Hurva Synagogue, an architectural landmark of the Jewish Quarter since 1856, was destroyed in the 1948 Arab-Israeli War. Only its arch remained. The building has been under reconstruction since 2005. Calling for a “Day of Rage” against Israel, Hamas’ Gaza MP Ahmed Abu Halabiya (Hamas) has promoted the concept that the restoration of the Hurva presages an Israeli plan to destroy the alAqsa Mosque and replace it with the Third Temple. Joined by Islamic Jihad and the Popular Front for the Liberation of Palestine, the radical groups have brought blood to the streets of the Old City. Attempts to prevent would be rioters from accessing the area involved both Israeli security forces and the Palestinian
Authority in a collaborative effort to detain Palestinians attempting to reach Jerusalem to join the protest. As of Wednesday morning, Israel time, 14 members of the Israeli security force along with 100 Palestinians had been reported injured, mostly by rubber bullets, tear gas and beatings. Thirty one have been arrested to date. Despite assurances from high ranking Israeli military and religious authorities that there is no plan to harm Muslim holy places on “the noble Sanctuary” (the Temple Mount), any activity near what is perhaps the most sensitive of all holy places in the Old City can serve as an instigation. Despite absolute assurances that there is no plan to.build a Third Temple, rioting has occurred in the Old City and in the Palestinian neighborhoods of Abu Dis, Hawara, Wadi Joz and al-Tur. When Palestinian worshippers were prevented from reaching the Al-Aqsa Mosque for Friday prayers, additional rumors sparked
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According to the Forbes annual ranking of billionaires from around the world, ten Israelis are worth more than one billion dollars each, right alongside Larry, Steve, Warren and all the other usual suspects. ome of the people on the list are not Israelis, and some are Israelis living abroad. It doesn’t matter. The important thing is that they net over a billion dollars, which gets them a ranking on the complete list from Forbes. Sami Ofer, The richest Israeli, is an 86 year old self-made billionare who made his fortune from a global shipping empire, plus interests in banking and real estate. Another veteran is Stef Wertheimer, who’s been a social leader apart from a business superstar. At 82 years old, Stef is a lobbist for his idea of implementing the ”Marshall Plan for the Middle East” therefore he created industrial parks like “Tefen” in the Galilee, to bring peaceful coexistence by having Jews and Arabs work together. Most recently he sold 80% of his company Iscar, the manufacturer of precision carbide metalworking tools, for $4 billion.
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