'Fr*: Ian ai 26, 1979 31
THE DETit0114WISII NEWS
Loan Plan Is Hit After Jewish Bank Is Excluded
•
Detroiters Deny Offer for Orioles
Detroit financiers Max
Fisher and Alfred Taubman
have denied reports in the
Detroit Free Press that they
have made an offer to pur-
chase the Baltimore Orioles
baseball team from Jerrold
C. Hoffberger for $12 mil-
lion.
Taubman told repotters
last weekend that he and
Fisher were studying the
situation but had not made
an offer for the team.
The Free Press reported
week that Fisher and
Taubman had made an offer
nd had agreed to keep the
am in Baltimore. An op-
osing group wanted to pur-
chase the.team and move it
to Washington, D.C.
According to the Free
Press, Fisher and Taub-
man had reportedly of-
fered to put up $6 million
of the $12 million pur-
chase price and
Hoffberger would retain
- a limited partnership in
the Orioles.
nouncement, a Maryland
legislator suggested that -
the state of Maryland buy
the team for $13 million to
J _ EROLD HOFFBERGER
Fisher told the Jewish
News that he had been
asked to introduce Taub-
man to Hoffberger, but said
there was no deal pending,
. although he was always in-
terested in a business ven-
ture.
Following
the an-
_
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Hoffberger, who owns the
National Brewing Co. (Colt
.45, Carling), is former
chairman of the United
Jewish Appeal and current
chairman of the United Is-
rael Appeal. Fisher is
ALFRED TAUBMAN
Israel Emergency Fund.
Meanwhile, Fisher has
announced that he has
selected Starrett Housing
Corp. of New York to de-
velop 2,000 apartment units
on the Detroit riverfront,
west of Cobo Hall.
Bomb Blast Injures 22
in Busy Jerusalem Market
JERUSALEM (JTA) — A
bomb exploded in the
crowded Mahane Yehuda
market last week causing
slight injuries to 22 people,
most of whom were treated
at Shaare Zedek Hospital
and sent home.
The market place has
been a frequent target of
terrorist attacks, especially
on Fridays when house-
wives do their Sabbath
shopping. The explosive de-
vice was concealed in a can
deposited under a vegetable
stand. El Fatah, the mili-
tary arm of the Palestine
Liberation Organization,
claimed credit for the out-
rage. -
The police were red-faced
over the apparent laxity on
their part which might' ave
resulted in a tragedy of
major proportions in
Jerusalem last week.
A special police hives-
tigating panel found a
police sapper guilty of
negligence when he
failed to make a thorough
inspection of a car
parked on a busy
Jerusalem street Tues-
day morning with a pow-
erful explosive device
concealed in its trunk.
The sapper was sum-
moned by local shopkeepers
who became suspicious of a
silver Mercedes parked just
off Ben Yehuda St. in front
of a crowded cafe during the
early morning rush hour.
The sapper and other police
officers made a perfunctory.
inspection of the vehicle and
left. Almost three hours
passed before another police
team, summoned by
alarmed civilians, pried
open the trunk and dis-
covered a large bomb
primed to explode within a
short time. It was safely
dismantled.
The heroine of Ben
Yehuda St., meanwhile,
was presented an IL 10,000
reward by a citizens group
promoting security. She is
Helen Stettner, a news-
paper vendor who was the
first to report the parked car
to police. Her first customer
was Mayor Teddy Kollek
who turned up at the news-
stand with a kiss, a
Jerusalem City Medal and
warm words of appreciation
for her vigilance.
.
tions to their share-
holders stating company
policy of non-
participation in dis-
criminatory ar-
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Transportation!
HONG KONG (ZINS)
As reported in the Chinese
People's Newspaper of Pek-
ing, an Englishman, a
Frenchman, and a Russian
were overheard discussing
automobiles. The
Englishman said, "For my
business needs I use the
Rolls-Royce; my wife takes
NEW YORK — the Mini-Cooper to the
Synagogues throughout the supermarket; and when we
U.S. will celebrate "AMW travel abroad we use our
Shabat," a salute to Jaguar." •
American Mizrachi
The Frenchman re-
Women, the major religious sponded, "I use the Citroen,
Zionist women's organiza-
my wife the Peugeot, and
tion in the U.S., on Feb. 10. when going abroad we use
The observance will the Metro."
launch a national member-
The Russian listened but
ship drive in support of the said ' nothing. "And what
child-care, social services about you?" the two asked.
and educational projects "I own a Moscovitz," said
maintained by American the Russian. "And what do
Mizrachi Women in Israel.
you use when you go
abroad?" the other two
asked him. His answer was,
Israel is expected to ex-
port $300 million annually "When we travel abroad we
use tanks."
in electronics by 1981.
rangements.
Officers at Dow and
Citicorp immediately re-
plied that they had with-
drawn from the syndicate.
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BERKLEY
Royal Oak
MAX FISHER
chairman of the board of the
Jewish Agency and Taub-
man is active in Detroit's
Allied Jewish Campaign-
NEW YORK (JTA) —
The American Jewish Con-
gress has hailed the deci-
sion of two banks — both
subsidiaries of American
corporations — to withdraw
from a syndicate organE
a $3 million loan to Algeria
after the Bank Rothschild of
Zurich was excluded be-
cause of its Jewish owner-
ship.
The two banks that with-
drew from the syndicate
were Citicorp International
Finance of Geneva and the
Dow Banking Corp. of
Geneva.
Shortly after the syndi-
cate's blacklisting of Bank
Rothschild was disclosed,
Will Maslow, general coun-
sel of the AJCongress, wrote
to the subsidiaries' parent
corporations, Citicorp and
Dow Chemical Co.
Noting that Treasury
Department guidelines
expressly forbade par-
ticipation by American
firms in syndicates that
excluded banks on the
basis of race, religion or
national origin, Maslow
also cited public declara-
tions by both corpora-
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