NYU Trustee Steinhardt’s
Israeli Investments
In 1979, Steinhardt apparently
began to invest his money more heavily in an Israeli society whose military
violated the human rights of Palestinians. As he recalled in No Bull:
“In 1979…I went into
partnership with an Israeli businessman, Lehu Veisser. We constructed industrial
parks in…towns, including Kiryaf Gat, Natirot, Schderet, and Ofakim, that had
been built near the southern border of Israel primarily for strategic
purposes…I met Shimon Topor, who eventually became a partner of mine. He became
my guide to all subsequent investments made in Israel, some of which have been
substantial…”
Before becoming a
business partner of Steinhardt, Shimon Topor, was, coincidentally, the Israel
Continental Bank’s Chairman and CEO and managed the international operations of
Israel’s Bank Hapoalim.
Given NYU Trustee Steinhardt’s
“substantial” investments in Israel’s corporate-oriented economy, in 1990, not
surprisingly, Steinhardt also “held a meeting of leading Israeli economic
figures at” his “home” that “included the senior members of the” Israeli
“Ministry of Finance, including then Finance Minister Berga Shohat, as well as
the” Israeli “Ambassador to the United States.., Lester Crown, CEO of General
Dynamics; Leonard Garment, a former…adviser to President Nixon; and…Richard
Ravitch, former head of the Metropolitan Transit Authority…to discuss the
development of new infrastructure programs for Israel,” according to No
Bull.
(end of part 5)
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