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May 27, 1994 - Image 129

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-05-27

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

Play the market
right and you
could lose It all.

the Red Feather award for com-
munity service. She was a board
member of Midrasha, where she
instituted the Mina and Ted
Bargman Lecture Series. Mrs.
Schiller was responsible for set-
ting up the Israel Exhibit in the
Hall of Nations at the Detroit
International Institute. At the
Jewish Community Center, she
inaugurated and co-chaired the
Program Planners Institute and
served on the steering commit-
tee of the Center Symphony
Orchestra.
She leaves her son and daugh-
ters-in-law, Donald and Maxine
of Bloomfield Hills; daughter and
son-in-law, Eileen and Abe
Glaser of E. Grand Rapids; 16
grandchildren; 16 great-grand-
children.

Bank Chairman
Is Sentenced

Jerusalem (JTA) — Ernst
Japhet, former chairman of Bank
Leumi, was sentenced this week
to an 11-month prison term and
fined some $300,000 for fraudu-
/- lently manipulating his bank's
shares in Israel's biggest finan-
cial scandal ever.
Mr. Japhet, who four months
ago returned here from New York
after fleeing Israel more than 10
years ago, personified the coun-
try's banking establishment for
most Israelis until the 1983 bank
shares scandal.
He was the last of the senior
officials at Israel's leading banks
to face trial on charges sur-
rounding the 1983 scandal.
Mr. Japhet's sentence was the
severest to be handed down by
the Jerusalem District Court
against any of those involved in
the affair.
In April, the nation's leading
banks and more than a dozen of
their top officials were given large
fines, and the executives sen-
tenced to prison, on charges re-
lating to the scandal.
The manipulation of bank
share prices a decade ago spurred
buying of shares until they dom-
inated 70 percent of the market.
When the Tel Aviv Stock Mar-
ket crashed in October 1983,
many small investors and private
businesses were devastated, and
billions of shekels were lost.
Only the intervention of the
government, which effectively na-
tionalized the banks, prevented
large-scale bankruptcies and the
closings of major banks.
The affair cost Israeli taxpay-
ers approximately $9 billion.
When the sentence was deliv-
ered, Judge Miriam Naor de-
scribed Mr. Japhet as bearing
"the largest share" of responsi-
bility for the crisis.

You could lose things
like extra weight. High
blood pressure. And high
blood cholesterol levels.
The very things that con-
tribute to heart attack and
stroke.
All you have to do is in-
vest wisely at the super-
market.
Buy more in the fresh
produce, pasta, breads
and cereals sections. And
purchase fish, poultry and
lean meats instead of fatty
or processed meats.
Switch to low-fat dairy
products and margarine.
And check the nutritional
listings on food labels.
In short, be selective
about how you play this
market. Because no mat-
ter how much you lose,
you've got a lot to win.

Graveside and Cemetery
Chapel Services
With
Substantial Savings

We take pride in providing the
dignity, sanctity and simplicity of
Jewish Funeral services and complete
personal and professional care at a
reasonable cost.
If you choose to follow the Jewish
tradition of a graveside or cemetery
chapel service, you don't have to pay
the extra costs associated with a large
funeral home.

Alan & Jonathan Dorfman

Licensed Funeral Directors

3924 West Twelve Mile Road
Berkley, MI 48072

--m4.7wayrd-

Phone (810) 546-4700

WERE FIGHTING FOR
YOUR LIFE

Also serving your pre-arrangement needs.
Call us directly for out-of-state arrangements.

American Heart
Association

The Family of the Late

A Memorial Fund at Children's
Hospital of Michigan, Department
of Pediatrics, has been established
In Loving Memory Of

KARL STILLWATER, M.D.

Who died on May 30, 1981

He will always be in our hearts and minds as he
is missed by his Family, Patients and Colleagues.

SOLOMON BURG

Announces the unveiling of a monument in his memory
2:30 p.m. Sunday, May 29 at Adat Shalom Memorial
Park Cemetery, Six Mile Road, E. of Middlebelt. Rabbi
Gruskin will officiate. Relatives and friends are invited
to attend.

The Family of the Late

The Family of the Late

The Family of the Late

DANIEL
KELLERMAN

DR. EDWARD J.
SKULLY

HYMAN KRUPP

Announces the unveiling of a
monument in his memory
11:30 a.m. Sunday, June 5 at
Beth El Memorial Park Ceme-
tery. Rabbi Steinger will offici-
ate. Relatives and friends are
invited to attend.

Announces the unveiling of a

monument in his memory 11
a.m. Sunday, June 5 at Beth El

Announces the unveiling of a monument in his memory 12:30

Memorial Park Cemetery. Rab-
bi Loss will officiate. Relatives
and friends are invited to attend.

p.m. Sunday, May 29 at Hebrew Memorial Park. Relatives

The Family of the Late

The Family of the Late

In Beloved Memory of

SHELLIE
LEITSON

PHILIP R.
WEINSTEIN

MAURICE LEVIN

Announces the unveiling of a
monument in her memory
10:30 a.m. Monday, May 30 at

Announces the unveiling of a
monument in his memory
11:30 a.m. Sunday, June 5 at
Machpelah Cemetery. Rabbi
Syme will officiate. Relatives
and friends are invited to attend.

Beth El Memorial Park Ceme-
tery. Cantor Orbach will offici-
ate. Relatives and friends are
invited to attend.

and friends are invited to attend.

Give a little piece of your ieart.

Who passed away May 26, 1991.

It's been three lonely years.

Sadly missed and always remembered by
wife Alyce and family.

IP GIVE TO THE TORCH DRIVE

129

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