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business

Olmert denies accepting cash from U.S. businessman Morris Talansky

Former Israeli Prime Minister Ehud Olmert in testimony at his corruption trial denied accepting envelopes full of cash from American businessman Morris Talansky. As his multi-day testimony in Jerusalem Municipal Court moved to the Talansky affair, Olmert said Thursday that Talansky\’s testimony was made up of \”fantasies,\” and that no cash was involved in Talansky\’s campaign contributions and personal donations. He also said the rumors that Talansky lent him money were false.

Jewish businessmen in suit against GE allege discrimination

Two Jewish businessmen — a father and son — have filed a lawsuit against GE Financial Services, accusing the company of racial and religious discrimination. The suit, filed in U.S. District Court for the Southern District of New York, alleges that Harris Schwartzberg and his father, Albert, were subjected to anti-Semitic behavior from Richard Arrowsmith, their GE loan administrator.

Company withdraws ‘Hipster Hitler’ T-shirt line

An Australia-based online vendor has withdrawn T-shirts that satirized Hitler and the Holocaust following complaints by the Jewish community. Red Bubble, a Melbourne-based company that markets the works of more than 150,000 artists worldwide, this week stopped selling the “Hipster Hitler” line of T-shirts that parody the Holocaust with slogans such as “Eastside Westside Genocide,” “Back to the Fuhrer” and “Three Reichs And You’re Out.”

Iranian Jewish investor guilty of fraud

An Iranian Jewish real estate investor in Los Angeles was found guilty of fraud after he was accused of stealing $21 million from clients.

Putting the ‘Pop’ back into soda pop

At the dawn of the 20th century, the British royals were privy to a spiffy new system for infusing drinking water with carbon dioxide bubbles. It would take 53 years for SodaStream to reach commoners, and another 42 until it was acquired by an Israeli distributor and transformed into an international DIY product called Soda Club.

Deciding one’s legacy

Whether reading about yet another contested celebrity will or comforting a friend caught in a family estate squabble, many of us have stumbled upon the conflictual residue of estate planning gone sour. To be sure, some grantors would be just as happy to learn of these post-mortem dramas; however, this is the exception. Most often, the difference between a grantor’s wishes for his/her estate and the actual legacy that results in family discord, is the unintended and tragically avoidable result of inadequate planning.

Options for Family Philanthropy

Baruch S. Littman is vice president of development for the Jewish Community Foundation of Los Angeles, which manages total charitable assets exceeding $700 million.

When good deals go bad

So your good deal has gone bad. Perhaps your house is underwater. Maybe that great job, with the promise of valuable stock options, not only has not produced options “in the money,” but has itself disappeared. It could be that your business, once lucrative and full of promise, has gone south, and now you are not sure how to extricate yourself from it, particularly since your partners are your parents. It’s possible you are regretting withdrawing retirement savings to invest in the next sure bet, as “guaranteed” by your (perhaps now former) best friend. What do you do now?

The business of a balanced life

“How many of you want to make a fortune?” health care entrepreneur Jeff Margolis asked a roomful of bright, eager MBA students at the Jewish Leadership Initiative (JLI) Conference in Santa Monica on Jan 30. A flurry of hands went up.

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Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.