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Sunday, September 25, 2011

Tel Aviv - Badatz New Ruling Forbids Charedim to Invest in Any Stocks -- VosIzNeias.com

Tel Aviv - Badatz New Ruling Forbids Charedim to Invest in Any Stocks -- VosIzNeias.com: "Nochi Dankner’s IDB Holdings as an example.
“If you invested in this holding company, which may appear to be a worthy holding company that promises a handsome yield, you have become partners in several hundred of its subsidiaries, which produce its hefty profits. These include the Nesher cement company, which officially operates and manufactures mountains of cement on Shabbat - and even on Yom Kippur, heaven preserve us; the Maman cargo terminal at Ben-Gurion Airport, which operates on Shabbat as if it were a weekday ... Even ‘innocent’ shares such as the Darban land development company owns a mall that operates on Shabbat, and Bank Leumi is a partner in the Fox fashion chain. Even Strauss shares include branches of the Coffee ToGo cafe chain, which operates on Shabbat.”"

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