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…)
Daily Kickoff: Day 5 in search for kidnapped boys | Israel concerned about U.S. Iran cooperation | BuzzTorah: BuzzFeed for Jews | Lew to visit Israel
By Jacob Kornbluh & JI Staff
DAY 5: Netanyahu: It’s Going To Take Time: “We are here in the midst of a complex operation. We need to be prepared for the possibility that it may take time. This is a serious event and there will be serious consequences. We are working together in a considered, responsible and very determined manner.” Netanyahu urged the international community to decry the kidnapping: “I expect all responsible elements in the international community – some of whom rush to condemn us for any construction in this place or for enclosing a balcony in Gilo – to strongly condemn this reprehensible and deplorable act of abducting three youths.” After 5 days and without mentioning Hamas, the EU finally released a statement: “We condemn in the strongest terms the abduction of 3 Israeli students in the West Bank and call for their immediate release.” [Statement] (more…)
Daily Kickoff: NYTimes on Cantor’s Jewish Donors; Senate Hearing on Iran Today; Pulver’s Zula Raises $3M; David Yarus’s ‘Kosher Tinder’ App – JSwipe
By Jacob Kornbluh & JI Staff
TOP TALKER: Eric Cantor announced at a press conference yesterday that he will step down as House Majority Leader and will not attempt to run as a write-in candidate in the fall. Cantor began the press conference by invoking his Judaism: “Growing up in the Jewish faith, going to Hebrew school, reading the old testament, I learned a lot about individual setbacks but I also learned that each setback is an opportunity and that there’s always optimism for the future. While I may have suffered a personal setback last night, I couldn’t be more optimistic about the future of this country.”
[Video] In a closed door meeting of the House Republican Conference, Cantor said, quoting a Holocaust survivor: “Suffering is part of life, misery is a choice.” (more…)
