12 MONTH CERTIFICATE 5.75% C O R P O IR A T E INTEREST RATE 5.870 The Southfield Community Ed- ucation Department will offer a workshop on credit control, 6:30 8 p.m. Thursday, Feb. 6, at the Community Education Cen- ter, 18575 W. Nine Mile. There is a charge. To register, call (810) 746-8700. A.P.Y./* - 60 MONTH CERTIFICATE A free workshop on how to start and run a small business is set for 7:30 p.m. Thursday, Feb. 6, at the Holiday Inn, Dearborn, sponsored by the Wayne State University School of Business Administration. INTEREST RATE 6.13' A.P.Y./* The Family Firm Institute Metropolitan Detroit Chapter will hold a dinner meeting, 5:30 p.m. Tuesday, Feb. 11, at the Community House, Birming- BANK EQUAL HOUSING OPPORTUNITY CALL (810)338.7700 or (810)352.7700 LENDER Main Office 2600 Telegraph Rd. Bloomfield Bills, MI 48302 JENNIFER FRIEDLIN SPECIAL TO THE JEWISH NEWS ....... • ""W -r 4. • :4 7,atre4, • L' ,ot lit ' •1 ...... * • a 'Annual percentage yield when compounded quarterly. Rate is accurate as of 1/31/91. Penalty for eoriy withdrawal from cenifide accounts may be assessed. IS YOUR FRANCIAL HOUSE IN ORDERT) •• • When was the last. time you took an inventory of your investment holdings? • Do you know what your net. worth is? • Are your risk management and tax planning strategies up to date? • Do you feel you have your retirement savings on track? Unsure? You need PHASE FOUR CERTIFIED FINANCIAL PLANNING PROFESSIONALS (810) 559-6980 JOEL LEVI, CFP TRISH WELLMAN, CFP Phase Four Advisory, Registered Investment Advisor Securities offered througi testa Securities Corporation. member. X4SD 8 SIPC. 1931 Georgetoiin. Hudson. OH 44236 (216) 650-1660 eIN Entertainment Canh e Sales Department (810) 3547123 Ext. 209 Get Results... Advertise in our new Entertainment Section! THE JEWISH NEWS The Oakland County Bush ness Owners Association will meet 11:30 a.m. Tuesday, Feb. 11, at Muskie's near the Palace of Auburn Hills. For reserva- tions, call (810 ) 25:3-3711. A ba'al teshuvah former fighter-pilot has built a booming investment bank for high-tech start-ups. .• Lbw. Itcler.11, huund • • A free seminar on wills and trusts will be presented byJohn Hancock Financial Services and attorney Don Rosenberg, 1:30 p.m. and 7 p.m. Wednesday, Feb 12, Mt. Clemens General Build- ing, 22500 Metropolitan Park. way, Clinton Township. For reservations, call Dave Howard, (810) 792-3939. Rebbe Would Be Proud These are fixed rate certificates of deposit that are insured by Federal Deposit Insurance Corporation (FDIC). A minimum opening deposit and balance of $500.00 is required to obtain the stated Annual Percentage Yield. FLAR STAN' ham. Speakers will be David Littmann and Edward Mcliib- bon. For reservations, call 810) 619-2582. ith his oversized black kippah and thick beard, Shlomo Kalish looks every bit the Chabadnik ba'al tshuvah (re- turn to observance) that he is. But Mr. Kalish is just as ded- icated to high-tech investment banking as he is to the Rebbe. Although most people equate a return to religious observance with a departure from the earth- ly business world, the 44-year- old Mr. Kalish, who was a hippie in the '60s, a fighter pilot during '70s (including the Yom Kippur War), and a university business professor during the '80s, decid- ed two years ago to establish Jerusalem Global Technology Finance and Consulting, Israel's only full-service investment bank and consulting firm for high-tech start-ups. "According to the value sys- tem of Judaism, there is either Torah study or business," says the soft-spoken Shlomo Kalish. "What I decided is that basical- ly a person should do what a person is capable of, and given my background I saw an oppor- tunity to create a successful company." Like most other ventures that he has undertaken, Jerusalem Global is an undeniable success. Since its humble beginnings in 1994, the Har Hotzvim-based company has grown to some two dozen employees, raised about $30 million, found financing for 19 out of the 20 companies it has selected as clients. and formed a strategic alliance with Mont- gomery Securities, one of the United States' top investment banks, which has resulted in three public issuances totalling $250 million. "JG is taking off like a rock- et," said Ed Mlaysky, president of the Herzliva-based Gemini Venture Capital Fund and afar- mer guest lecturer at a class Mr. Kalish taught on entreprenuer - ship at Tel Aviv University's Re- canati Business School. "Every time I call their office. there are more names on the phone list." All but two of the people be- hind those names. including the company's highest-ranking em- ployees, are under the age of 30, causing JG's hallways to feel more collegiate than corporate ; Yet despite his employees youth, Mr. Kalish says he has selected the brightest people out there, allowing him to take a hands-off approach to manag- ing his proteges. During a weekly due-dili - gence meeting, in which Shloino Kalish and five top employees review the latest start-ups toaP - ply for financing or consultation , Mr. Kalish remains noticeably unobtrusive. Except for a few questions and an occasional "yallah (enough) when deliberations go on too long, Mr. Kalish sits qui- etly as the staff nix 14 out of the REBBE page 62