Israel’s Corporate Pyramid Problem Threatens to Get Uglier

As the Knesset prepares to vote limits on tiered corporate structures, the two bidders for the troubled IDB group are proposing the biggest pyramids Israel has ever seen.

As the Knesset readies the final stages of legislation to limit the phenomenon of business pyramids, a Tel Aviv court is being asked to approve the country's biggest pyramid ever: Nochi Dankner’s IDB group.