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The Jewish History of Futures (and Options)
Everyone’s heard of derivatives, options and futures, but the details of how they might save or destroy civilization are so daunting that the simple facts get lost. Let’s get down to business: A derivative is a financial security (tradable itself) whose value is based on that of an underlying asset. In other words, instead of…
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Jewish Tycoons William Ackman and Dan Loeb in Feud Over Herbalife
It’s a financial dogfight for the ages. When billionaire investor and CEO of Pershing Square Capital hedge fund William Ackman short-sold $1 billion in stock of Herbalife, the Los Angeles-based nutrition company, he drew the ire not just of the company, but of other fellow hedge funders who saw Ackman as taking his legendary arrogance…
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Entrepreneur Creates Social Network for Dead
(Haaretz) — Looking for your loved one’s headstone? Shelly Furman Asa has created a Google Street View for cemeteries. Ido Kenan: What are you looking for in cemeteries? Shelly Furman Asa There are many things that have been done in connection with the commemoration of soldiers, Holocaust victims and so on. But we don’t have simple…
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Kibbutz-Like Plans Take Shape in Rural America
(JTA) — For most of the seven years Tova Kinderlehrer lived with her young family in Pittsburgh, she wished she were somewhere else. Her son wasn’t doing well in school, her husband’s construction career had stalled and Kinderlehrer, though part of a “massive” urban community, felt isolated. She dreamed of escape. In 2011, Kinderlehrer and…
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Bar Mitzvah Boy Recalls Covering John F. Kennedy’s Funeral — 50 Years Later
When you undergo a traumatic experience, especially at a young age, you remember details of that experience for the rest of your life. And so it was for so many on the day of the assassination of President John Fitzgerald Kennedy: Friday, November 22, 1963. I was an eighth-grader at Akiba Hebrew Academy, in Merion,…
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Claims Conference Receives $4 Million Grant from Weinberg Foundation
The Conference on Jewish Material Claims Against Germany received a $4 million grant from The Harry and Jeanette Weinberg Foundation to provide emergency assistance to Holocaust survivors in North America. The Baltimore-based Weinberg Foundation announced the grant on Monday. The Weinberg Holocaust Survivors Emergency Assistance Fund (Holocaust Survivors Emergency Fund) of the Claims Conference underwrites…
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Can Ryan Braun Repent Enough To Win Back Jewish Fans?
There are two things that every Jewish baseball fan knows about Ryan Braun. First, the Milwaukee Brewer leftfielder is the best Jewish ballplayer in the majors today. Second, as a result of his self-inflicted tsoris, Braun faces the gargantuan challenge of winning back his fans when he returns to baseball next spring, following his 65-game…
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Meet Sylvia Porter, Jewish Creator of the Personal Finance Column
Sylvia Porter: America’s Original Personal Finance Columnist By Tracy Lucht Syracuse University Press, 230 pages, $24.95 The reveal came on July 20, 1942, when the New York Post’s popular financial column ran under the name of Sylvia Porter. Since starting at the Post seven years earlier, the columnist had hidden behind the gender-ambiguous byline S.F….
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Lee Harvey Oswald’s Killer ‘Jack Ruby’ Came From Strong Jewish Background
(JTA) — We were sharing a pastrami sandwich and pickles at the Los Angeles landmark Canter’s Deli. I was 24. She was nearly 50 years older, with a piercing voice as loud as her flaming red wig. Her name was Eva Rubenstein Grant, and she was a little-known nightclub manager the morning of Nov. 24,…
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Avigdor Lieberman’s Acquittal Stirs Doubts About Israel’s Anti-Corruption Fight
It was to be the misconduct case of the century and trumpet a message that the highest of ethical standards is expected in Israeli public life. But when proceedings against Avigdor Lieberman ended with his acquittal on November 6, Israel was left more cynical than ever about the state’s ability to fight corruption. The saga…
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Delving Into Jewish Roots for Source of Her Epilepsy
When I started having seizures at the age of 7, no one ever suggested an exorcism. No one sent me to discuss with a rabbi what was going on inside my writhing body, or to try incantations, or amulet prayers, or minyan circles, for the sake of extricating the spirits. My motor seizure disorder was…
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