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July 29, 1994 - Image 42

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-07-29

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



Huntington
Banks CD

Compiled bt4 Steve Stein

30 Month Term

THE NEW Parisian depart-
ment store at Laurel Park Place
in Livonia will open at 10 a.m.
Aug. 1. Grand-opening festivi-
ties will last until Aug. 6 at the
150,000-square-foot store, the
31st for the Birmingham, Ala.,-
based company headed by pres-
ident and CEO Donald Hess.
Appearances by the Puppet
People and Puppet Monsters,
"Teddy Bear Teas" in the chil-
dren's department and visits by

5. 50 %

5 .6P

Annual
Percentage Yield

111

Yuntington Banks Certificates of Deposit

are a sound investment and
FDIC insured for todays smart investor.
They are the
investment,
at the /0 time,
at the
bank.

TH E DETRO IT J EWIS H NEWS

ita

42

1-800-642-INFO

anchors at the 65-store shopping
center.

OMAHA STEAKS has opened
retail outlets at the Corners
shopping center in Birmingham
and the Boardwalk shopping
center in West Bloomfield. The
stores carry corn-fed beef along
with a selection of other meats,
plus appetizers and desserts. A
40-page cookbook is included
with each purchase.
Gary Auerbach, area manag-
er for Cleveland, is managing
the Birmingham and West
Bloomfield outlets. Assistant
store managers are Robert
Jevince at the Corners and Andy
Peistrup at the Boardwalk. A
family-owned company which
has been in business for more
than 75 years, Omaha Steaks
has 27 retail outlets in eight
states.

TAKE OFF those wingtips and
put on some Air Jordans. It's
time for the second annual Cor-
porate Macker 3-on-3 basketball
tournament at Oakland Uni-
versity. Held in conjunction with
Donald Hess
Oakland's Gus Macker tourney,
the nation's second-largest
accessories designer John Macker, the Corporate Macker
Michael Richardson, jewelry de- is expected to once again feature
signer Ian Pennell, dress de- teams from businesses through-
signer Carmen Marc Valvo, out the metropolitan Detroit
neckwear designer Ferrell Reed area. Squads will be placed in di-
and children's clothing designer visions according to skill levels.
Judy Lynn Barranco are on the
The Corporate Macker will be
grand-opening schedule.
played Aug. 27, the first day of
Also, daily fashion shows will the two-day Macker. Corporate
preview fall styles for women, players will receive T-shirts and
men and children and there will sponsor recognition in the Mack-
be a Sassy magazine fashion er program and the winners will
event for juniors at 1 p.m. Aug 6. take home trophies. All proceeds
Nearly 300 will be employed from the Oakland Macker, now
by Parisian at its Laurel Park in its sixth year, are donated to
Place facility. Parisian will join the college's athletic department.
To register a Corporate Mack-
Jacobson's as department store

er team, call Leslie Sapp or Sta-
cy May at Events Marketing at
540-6688. The deadline is Aug. 5.

ROCK FINANCIAL is the No.
1 residential mortgage provider
in both Oakland County and
Southeast Michigan, according
to the latest independent Mort-
gage Summary report published
by Lawyer's Title Insurance Cor-
poration. The report measures
individual mortgages of
$250,000 and under.
Rock Financial's dollars
loaned were $97,240,410 in Oak-
land County and $153,471,030
in Southeast Michigan, which
includes Oakland, Wayne,
Washtenaw and Macomb coun-
ties. Standard Federal Bank
ranked No. 2 in both categories
with $63,812,505 and
$140,414,233, respectively.

DENROIT COTI.EGE of Law's
(DCL) Alumni Association is
hosting a reunion barbeque Aug.
20 at Schuss Mountain Village
in Bellaire, near Traverse City.
Special weekend room rates and
golf discounts are available. For
further information, call the
DCL alumni office, 965-0686.

OAKLAND UNIVERSITY'S
Continuum Center is offering
workshops on Career Building:
Preparing for Change (7-9:30
p.m. Aug. 4, 11, 18 and 25 on
campus), How To Design and
Present Training (7-10 p.m. Aug.
11 on campus) and Power Writ-
ing: Effective Business Com-
munication (8 a.m. to 3 p.m.
Aug. 12 at the Auburn Hills
Hampton Inn). Registration
deadlines are Aug. 2, 8 and 9, re-
spectively. For further informa-
tion, call the Continuum Center
at 370-3033 (outside Oakland
County, call 1-800-3709-3042).

Big Deals

Huntington
Banks

New $157 million Renaissance Fund
targets only large Israeli companies.

Membe FD C

A

SMARTER WAY

To

BANK

This rate is effective July 22, 1994, and is subject to change. Low $500.00
minimum deposit required. A penalty will he imposed for early withdrawal.



ALLISON KAPLAN SOMMER SPECIAL TO THE JEWISH NEWS

0

ne might have thought
Harvey Krueger had seen
and done it all when it
came to managing invest-
ments in Israel.
But the senior managing di-
rector with Lehman Brothers —

and the closest thing Israeli busi-
ness has to a godfather on Wall
Street — has found a new vehicle
with which to usher in the era of
the peace economy.
Mr. Krueger has taken a lead-
ership role in a partnership in a
fund which will privately place in-

vestments in Israeli companies.
The Renaissance Fund was
formed by Claridge Israel Inc., the
Bronfmans' Israeli vehicle, and
Stockton Partners, an investment
company that Mr. Krueger heads.
The Renaissance Fund, which
has raised $157 million — $137

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