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: Eric Cantor’s Loss Stuns – ‘Jewish Insiders’ React; J Street Donors to Host President Obama Today; Rising Jewish Star Raises Millions
By Jacob Kornbluh & JI Staff
SHOCKED! – The One Word To Describe How Everyone Felt Last Night When They Heard That House Majority Leader & Sole Jewish GOP Congressman, Eric Cantor, Lost His Primary Election – The First House Majority Leader to Lose Renomination Since The Office Was Created in 1899. Tea Party Challenger Dave Brat, an economics professor for the past 18 years at Randolph Macon College in Ashland, Va., defeated Cantor 55.5% to 44.5%.
Several Prominent ‘Jewish Insiders’ Sent Us Their Reactions… (more…)
Daily Kickoff: Does Hillary have Christie’s ‘Occupation’ problem?; Bipartisan Senate Letter on PA GOV; Inside Story of (pending) Sterling Ballmer Deal
By Jacob Kornbluh & JI Staff
DRIVING THE DAY: UPSET IN ISRAEL’S PRESIDENT ELECTION: Dovish Knesset member Meir Sheetrit surprised everyone this morning by surging to 2nd place in the first round of voting. Out of 117 qualified votes, frontrunner Reuven Rivlin came in first place with 44 votes, Sheetrit in second place with 31 votes and former Knesset speaker Dalia Itzik with 28 votes. The momentum has now shifted towards Sheetrit as the top two face each other in the second round. WATCH LIVE BROADCAST [Knesset Channel] (more…)
Daily Kickoff – Dec. 10th
Driving the Day: Bipartisan Senate group nears deal on new Iran sanctions – “A bipartisan group of Senators is close to an agreement on tougher Iran sanctions in opposition to the White House, which is easing them as part of an interim accord Tehran struck with world powers aimed at curbing its nuclear ambitions, CNN has learned. A Senate deal would include a new round of sanctions to begin in six months and would not allow for the enrichment of uranium. But it would permit commercial nuclear power as long as it was monitored by the international community. The bipartisan group includes Democrats Chuck Schumer of New York; Robert Menendez of New Jersey; Republicans Lindsey Graham of South Carolina and Mark Kirk of Illinois.” [CNN] “Iranian Foreign Minister Mohammad Javad Zarif told Time magazine in Tehran during the weekend that new sanctions – even if delayed – would kill the agreement reached in Geneva. “The entire deal (would be) dead,” Zarif said, adding that Iran’s parliament could also adopt legislation that would go into effect if talks fail. “But if we start doing that, I don’t think that we will be getting anywhere.” [Reuters]
Secretary of State John Kerry to Visit Israel, Again! – According to the State Department, John Kerry will travel to Jerusalem, Ramallah, Ho Chi Minh City, Hanoi, Tacloban, and Manila from Dec. 11-18, 2013. In Jerusalem, Kerry will meet with Prime Minister Netanyahu to discuss a range of issues including Iran and the ongoing final status negotiations with the Palestinians. In Ramallah, Kerry will meet with President Abbas, where he will also discuss the ongoing final status negotiations, among other issues. [StateDept]
Last Night: John Kerry and David Brooks addressed the American Jewish Joint Distribution Committee’s Centennial Celebration Dinner in DC — Kerry: “We will not allow Iran to develop a nuclear weapon. Not now. Not Ever.” “Spoke today with Netanyahu, after my 8th trip to Israel, back for dinner with Bibi on Thursday – this is a commute folks.” David Brooks: “When we do philanthropy, it’s not enough to give money. It’s important to communicate the soft and squishy things.” [JewishInsider] — (Also watch David Brook’s Keynote at Yeshiva University’s Hanukkah Convocation [YouTube]) (more…)
New York Jews host Booker fundraisers
Newark Mayor Cory Booker is getting a lot of help from his Jewish friends lately – financial help that is. According to the Wall Street Journal, New York City Mayor Michael Bloomberg hosted Booker at his Upper East Side townhouse last night for a fundraiser with about 50 people attending that the Journal estimates brought in at least $130,000.
As the Journal points out, “this is not the first time Mr. Booker has traveled to New York to help fund his bid for the open U.S. Senate seat — and he will return before the Aug. 13 primary.”
On July 11, there was an evening fundraiser for “young professionals” on the rooftop of the Maritime Hotel in Chelsea hosted by two young Jewish women – Audrey Gelman — press secretary for Manhattan Borough President Scott Stringer and an actress on the “Girls” television show — and Carolyn Tisch Sussman, the granddaughter of the former chairman of the New York Giants, according to the invitation.
Jared Kushner and Ivanka Trump will host a fundraiser for Booker’s Senate bid next Wednesday, a campaign source familiar with the event told Politico. Tickets for the evening reception held by the daughter of Donald Trump and the owner of Kushner Properties begin at $5,200 and go up to $10,400, according to the invitation. Jared’s younger brother and venture capitalist, Josh Kushner, is a cohost. Jared and Ivanka had bundled $41,000 for Booker’s Senate campaign as of May.
In the New York/New Jersey area, the pro-Israel group NORPAC has already hosted 3 events for Booker in the past few months including events in Englewood hosted by Daniel and Joyce Straus, in Teaneck hosted by Drs. Mort and Esther Friedman, and at Woodcliff Lake hosted by Robert and Diane Rosenblatt
Booker has raised raised $6.5 million so far this year. Booker is running to fill the US Senate seat of the late Frank Lautenberg, who died on June 3rd.