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February 12, 1993 - Image 100

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-02-12

Disclaimer: Computer generated plain text may have errors. Read more about this.

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where he is helping many
friends and business associ-
ates establish investment <
clubs. During these self-fund-
ed trips, Mr. Leventen offers
advice about establishing a
club's limited partnership
arrangement. He also makes
suggestions for working with
banks and the Securities and (
Exchange Commission. "I've
got it down to a science now,"
he says.
Unlike most of the local
clubs, some of the groups he
has contact with have major
investors. The investment \
clubs in Chicago and San
Diego require a $10,000 ini-
tial investment and a $1,000
per month commitment.
"That's too rough for most
people around here," Mr. Lev-
enten says. The ZOA clubs'
highest profile investors (in
the gimel group) must invest
$1,000 initially and $100 each
month.
With the growing network
of investment clubs around
the country, Mr. Leventen,
75, expects that a national co-
ordinating organization may
emerge. He says he would
participate despite his desire
to "smell the roses" and to
spend more time with his
grandchildren.
In Detroit, interest in ad-
ditional investment clubs and
Israeli securities are both in-
creasing. An all women's in-
vestment group was recently
organized, and Mr. Leventen
and others expect other Jew-
ish organizations to sponsor
future clubs. ❑

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Detroit professionals pursue different
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W



THE JEWISH NEWS

to making "a fortune" from his
Israeli investments over the
years, he says his true moti-
vation is selfless. "... I don't
know how many people be-
lieve me when I tell them, but
I've been investing in Israeli
companies from an emotion-
al standpoint," Mr. Leventen
says. "My son, who is an ex-
ecutive with Merrill Lynch,
tells me to stop being emo-
tional. But Israel's economic
and political security has al-
ways been my main motiva-
tion."
Mr. Leventen says he car-
ries an additional emotional
burden that fuels his desire
to help Israel. A decorated
World War II veteran, he re-
turned home injured and
malaria stricken following
multiple tours of duty as a Pa-
cific Rim paratrooper.
When the call to arms came
during Israel's War of Inde-
pendence, Mr. Leventen says
his physical condition made
it impossible for him to par-
ticipate. "They were asking
for help in Israel and I want-
ed to go but I was just so sick
and I couldn't. And it's the
greatest shame that I have in
my life. I am so ashamed that
I didn't go when they needed
experienced military men to
help."
Despite his guilt, Mr. Lev-
enten says he is proud of the
work he has done for Israel.
He currently sits on the board
of directors of both the ZOA
and the organization's inter-
national division.
Recent travels have taken
him around the country

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. hen Rachel en-
tered law school
she planned on
someday working
as an advocacy attorney for
the elderly. Yet her aspira-
tions did not conform to the
law school's curricula, which
prepared students for life on
the fast-track: corporate and
courtroom law.
Rachel dropped out.
Eventually, she applied her
master's degree in social work
to a job with a private agency
for senior citizens. She coun-
seled troubled elderly in long-
term care programs. The
work, she recalls, almost
drove her over the edge.
She quit this job.
This experience epitomizes

burn-out, a phenomenon
striking many professionals
at different points in their ca-
reers. Many factors cause
burn-out, including stressful
environments, lack of control
over one's job, insensitive
bosses, and ungrateful clients.
"I don't think anyone ex-
periences burn-out until
they're exposed to social work
burn-out," she said.
Rachel's caseload was over-
whelming. Often, she became
the brunt of her patients' frus-
trations. They literally
screamed for more of her at-
tention. But there was little
she could do because her boss-
es continued to increase the
number of her assignments.
Day by day, Rachel dread-

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