Daily Kickoff: Day 6 in search for kidnapped boys | How Yeshiva University Lost $1B | US, Iran close to a deal? | NY Mistrial – No Yiddish Translation

By Jacob Kornbluh & JI Staff

DEEP DIVE: “How To Lose $1 Billion: Yeshiva University Blows Its Future on Loser Hedge Funds” by Steven I. Weiss in TakePart: “What they couldn’t have known… a decade ago was that the real danger in Yeshiva’s new leadership was not to the school’s spiritual welfare but to its very existence. Over the years to come, the new leadership at Yeshiva would ramp up risk in the school’s investment portfolio, vastly increase spending, and do little to insure against a rainy day. When rainy days did arrive, with the global financial meltdown of 2008, Yeshiva was heavily exposed. Today, its finances are overwhelmed by a sea of red ink. According to a recent announcement by credit ratings agency Moody’s, the school will run out of cash next year. (more…)

Swiss Stays “Think Yiddish, Dress British” Edition Features Yiddish Phrases

David Schottenstein’s collar stays startup Swiss Stays announced a special edition called “Think Yiddish, Dress British” where each stay features a Yiddish word on one side relating to the Shmatta, or rag, industry with the English translation listed below. “A tribute to the Jewish roots of the garment industry. Starting this weekend these special edition stays will be available at Saks Fifth Avenue stores nationwide.